The highly anticipated 2017’s Chevy Bolt was introduced at Las Vegas’ Consumer Electronics Show. Mary Barra, the CEO gave a speech and officially presented the more than 200-mile range electric vehicle. Chevy Bolt is one of the cheaper higher range electric cars. Barra further acknowledged the fact that many companies have plans of manufacturing electric cars. The Chevy Bolt fulfils the promise of delivering a long range electric car at a quite affordable cost. According to GM, production is set to begin prior to the end of the year and the anticipated price will be around $37,500 before federal tax and additional incentives are applied. The Bolt is a 5-passenger, five-door hatchback with fold down rear seating.

Barra failed to give the exact specification of the extra miles that would be covered within the range of driving. These details will be revealed much later. The car has an in-floor battery that a driver will be able to charge up to 80 percent within an hour. The battery capacity was also not specified, and this is often estimated using electrical efficiency. Additional details are likely to be revealed at the International Auto Show that will be held in North America later in the month. There is a high probability that Bolt’s sales strategy will target regional driving or local commuting.

Chevy Bolt’s concept was formally announced at NAIAS last year. When speculations went around concerning its production approval, majority of the observers made the assumption that the model will be released in 2018. Others had doubts on whether the target price could be achieved. Some critics also expected that the set range of 200 miles would work under great conditions instead of the EPA sticker estimate that was more conservative. While cars are normally made from parts derived from a wide range of suppliers, GM chose to source most of the primary components of Bolt from South Korea’s LG conglomerate. It did this in exchange for a deal to lower the costs of the battery cell.

The 2017 Bolt has a rear camera capable of feeding live videos to a built-in display at the rear view mirror. This allows for a wider angle of viewing behind the vehicle in comparison to a standard mirror. A surround vision is provided by another camera to give a “bird’s eye view” especially during parking and driving at low speed. Alterations have also been made to the system used for navigation, which makes it possible for a driver to know driving routes capable of improving electric vehicle efficiency. Additionally, the screen can display the available charging stations. The Orion Assembly, one of GM’s plants will be the building location.