The 2017 Chevy Bolt EV (Electric Vehicle) is said to be a challenger for the Tesla Model 3. The Bolt boasts a range of 238 miles on a full charge. It’s not cheap at $37,495, but that is what the Model 3 will go for, as well.
On the other hand, as the Motley Fool financial website says : ‘The Model 3 sells customers an entirely electric car brand, unparalleled vehicle software, and access to an expansive charging network offering charging nearly twice as fast as General Motors is promising. Further, Bolt is more of a compact vehicle and Tesla promises the Model 3 will fit five adults comfortably. Based on the 373,000 deposit-backed reservations the Model 3 garnered in less than 15 days of its unveiling, it likely won’t need to compete directly with the Bolt’s features. Tesla’s Model 3 clearly struck a chord with buyers looking to buy a more affordable EV.