Sunday, June 4, 2023
News 2023 Chevrolet Bolt EV and EUV Price Cuts Not for Canada

2023 Chevrolet Bolt EV and EUV Price Cuts Not for Canada

The Chevrolet Bolt Ev and Bolt EUV will not receive a price cut in Canada for 2023.

  • General Motors recently announced substantial price cuts for the two Bolt models in the US

  • The Canadian arm of the company said the 2023 Bolts will sell for the same price as in 2022

  • Even without the price cuts, the only cheaper electric car is the Nissan Leaf

General Motors has recently announced substantial price cuts for the 2023 model year of the Chevrolet Bolt EV and the Bolt EUV in the United States, which led to believe a similar strategy would be used in Canada, but this isn’t the case.

Indeed, GM decided to cut back the price of the Bolt EV by $5,900 and the Bolt EUV by $6,300, which results in new base prices of $26,595 and $28,195 respectively.

The story is different over the border however since GM Canada has now confirmed that there will be no such changes to the pricing strategy of its most affordable electric vehicles.

This means that the Chevrolet Bolt EV and EUV models will continue to sell for $38,198 and $40,198 respectively in Canada, following a previous reduction of $6,800 for 2022.

Even without the price cuts, the two Bolt models still remain the most affordable electric vehicles in Canada, with the exception of the Nissan Leaf, which has slightly less range.

General Motors is about to add new affordable EVs to its lineup, such as the Equinox EV and the Blazer EV, the first of which is supposed to be offered at less than $30,000 in the US.

As seen in the Bolt’s case, pricing in Canada doesn’t always follow the strategy used by our southern neighbors so the Equinox EV could turn out to be quite a bit more expensive, but it should still remain one of the most affordable options among the new generation of electric vehicles that will arrive on the market in the coming years.

Trending Now

Understanding kWh and kW in Electric Vehicle Charging and Consumption

KWh per 100 kilometres or Le/100 km ratings can help consumers understand costs related to EV use Understanding onboard charging and fast charging...

Autonomous Emergency Braking Could Soon be Made Mandatory in the U.S.

The NHTSA has proposed rules that would make this safety technology mandatory on any passenger vehicle weighing less than 10,000 lbs. These rules...

All-New Porsche Panamera Expected Later This Year

Report says new Panamera arrives in Q3 Sports sedan was last all-new in 2016 There's a new Porsche Panamera coming sometime before the end...

Honda of Canada Mfg. Produces its 10 Millionth Vehicle

The first vehicle built by HCM was the Accord in 1986. Currently, they assemble the Civic and CR-V. Honda of Canada Mfg. (HCM) reached...

Our Volkswagen ID. Buzz Finally Revealed

Its longer wheelbase offers more versatility and space. Single engine RWD model more powerful than the European version. An AWD dual-motor version also...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.