General Motors slaps higher prices on the Bolt


General Motors is increasing the price of the Chevrolet Bolt and Bolt EUV by hundreds of dollars. The US carmaker told a Detroit publication that increased pressures on prices across the industry have made the price hikes necessary.

The 2023 Bolt EV now has an increased starting price that has been raised by $900 to $27,495, which includes a destination charge. The Bolt EUV, which is an SUV-styling of the car, has gone up by $600 to a starting price of $28,795. The move came about six months after the automaker slashed entry prices for both all-electric models 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 spokesperson, in a statement to the Detroit 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,” he told the US publication.