Sunday, October 2, 2022
News Chevrolet to Introduce $30,000 EV Next Year

Chevrolet to Introduce $30,000 EV Next Year

GM’s US EV leadership bid includes numerous steps from product, technology, and sourcing 100% of its energy from renewable sources


  • This announcement is part of GM’s most recent letter to shareholders.

  • GM will have four battery cell plants by mid-decade.

  • The anticipated Chevrolet Silverado EV will officially be revealed at CES in January.


General Motors‘ latest address to its shareholders showcases how serious the American automaker is about going green. The release outlines a number of achievements, ongoing projects, as well as what the future will look like.

LG Electronics Will Pay GM Up to $1.9 billion to Cover Costs of Chevrolet Bolt Recalls

A number of points brought up highlight GM’s progress as they update existing plants to build future EVs. Next month, they will celebrate the grand opening of Factory ZERO in Detroit-Hamtramck where the GMC HUMMER EV, the Cruise Origin, and the Chevrolet Silverado EV will be assembled. This plant, along with Orion Assembly, CAMI in Ontario, and Spring Hill Assembly in Tennessee are the first assembly plants that are being converted for EV production.

Next year and into 2023, new battery plants will open in Lordstown, Ohio, and Spring Hill will also go online. These plants will serve to “feed” GM’s forecasted 20% EV production by 2025, a number expected to climb to 50% by 2030.

While they are scheduling battery replacements for the Bolt EV and EUV battery replacements, GM’s Chevrolet brand is preparing an electric crossover that will be priced around $30,000. This is the EV that will prove to be a game-changer for all.

If you are curious about GM’s other achievements and plans, you’ll find the letter here.

Trending Now

The 2023 Mitsubishi Outlander PHEV Will Deliver 61 km of EV Range

This will be possible thanks to its 20kWh lithium-ion battery pack. The total system power is 248hp and 332 lb/ft of torque. It feels...

Bentley Bentayga S and Azure Add Sport and Comfort to Big-Buck SUV

A pair of new trims enhance the hybrid Bentayga in two different ways Both get more power and extended EV range The Bentley Bentayga...

Ram Once Considering the Return of a Midsize Pickup

The Dakota bowed out in 2011. The midsize truck segment is extremely hot at the moment. It’s possible that Ram’s been kicking itself for...

Wards publishes its list of the 10 best powertrains for 2022

Earlier this week, Wards Auto released its list of the 10 Best Engines and Powertrain Systems of the past year. And as expected, electrification...

Every New Vehicle Sold in New York Will Have to be Zero-Emissions by 2035

The state is following California’s lead 35% of new vehicles will have to be EVs by 2026 and then 68% by 2030 A...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

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