Chevrolet’s cheapest EV is back at $28,995, but production will end in months. The 2027 Chevrolet Bolt EV, which starts at an affordable $28,995, including destination fees, will be discontinued following the 2027 model year, as the market shifts away from electrification and back to hybridization and internal combustion.
History Of The Bolt
The Chevrolet Bolt was first introduced in 2016 as a family of battery electric subcompact hatchbacks and small crossover SUVs. It was marketed in Europe as the Opel Ampera-e and was released nationwide and in international markets in 2017. The first-generation Bolt was subject to recalls due to battery fire risks, and in 2023, GM officials announced they would discontinue the Bolt. However, after public outcry, they announced plans for a next-generation model, which was unveiled on October 9, 2025, and went on sale in 2026 as a 2027 model.
Technical Reality
Under the hood, the 2027 Bolt features an entirely new 65-kilowatt-hour lithium iron phosphate (LFP) battery pack, which provides an EPA-estimated range of 262 miles. A single 210-horsepower motor powers the vehicle, delivering 169 pound-feet of torque. The Bolt also comes with a native North American Charging Standard (NACS) port, allowing drivers to use Tesla Superchargers. As ever, the detail that matters is the technical reality of how the vehicle performs, and in this case, the Bolt’s new battery and charging capabilities make it an attractive option for those looking for an affordable EV.
Market Shift
Despite its attractive price point and updated features, Chevrolet will discontinue the Bolt following the 2027 model year. According to Motor1, this decision is due to a market shift away from electrification and back to hybridization and internal combustion. This shift is likely driven by changing consumer preferences and technological advancements in other areas of the automotive industry. As a result, the Bolt’s return will be short-lived, making it a unique opportunity for those looking to purchase an affordable EV before production ends.
What It Means Now
The end of the Bolt’s production run means that buyers will no longer have access to this affordable EV option. However, as noted by The Weekly Driver, the 2027 Bolt is capable of vehicle-to-home power, sending energy from its battery into a house during an outage, with the right equipment and approval. This feature, combined with its updated battery and charging capabilities, makes the Bolt an attractive option for those looking for a budget-friendly EV. With a starting price of $28,995, the Bolt is an affordable choice for those who want an electric car without the luxury price tag, but buyers will need to act quickly before production ends.
Sources
- Chevrolet's cheapest EV is back at $28,995, but production will end in months
- Chevrolet Bolt
- 2027 Chevy Bolt EV 75 MPH Highway Range Test. Here’s How America's Cheapest EV Performs.
- Chevrolet Bolt Pros And Cons: So Nice They Killed It Twice
- 2027 Chevy Bolt Range and Charging Times, by Charger
- 2027 Chevrolet Bolt RS Electric Review
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