GM Increases Price on Both Chevrolet Bolt EV Models, Citing Higher Costs

GM Increases Price on Both Chevrolet Bolt EV Models, Citing Higher Costs

General Motors is boosting the price for the Chevrolet Bolt and Bolt EUV by hundreds of dollars due to increased pressures on prices across the industry.

The move, effective Jan. 2, came about six months after the automaker dramatically slashed entry prices for both all-electric vehicles by about $6,000.

"Due to ongoing industry-related pricing pressures, the Chevy Bolt EV and EUV will see modest price increases starting in 2023, but we expect it to remain America’s most affordable EV," said Cody Williams, Chevrolet spokesman, in a statement to the Free Press. "Chevrolet remains committed in its long-standing role to provide true value. We expect to continue building the record sales momentum we saw in 2022."

To read more, see the Detroit Free Press.

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