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start credit applicationThis isn’t the first time we have talked about the Chevy Bolt and it definitely won’t be the last. The all-new 2017 Chevy Bolt was named the Motor Trend 2017 Car of the Year, which is another big auto award that the Bolt has earned.
The Chevy Bolt is truly a 2017 model year motor trend because it has set a precedent in the auto industry. The all-new Bolt is one of the most affordable all-electric vehicles and it’s electric capabilities are one of the best in the industry, even among luxury brands with electric cars like Tesla and BMW.
Powered by a lithium-ion battery, the Chevy Bolt averages 255 miles per gallon equivalent (MPGe in the city, 217 MPGe on the highway and has an all-electric range of 238 miles.
To put it in perspective: With current electric costs based on a national average, the Chevy Bolt costs $.92 to drive 25 miles and it is estimated to cost the average driver $500 per year in energy costs (based on average consumer driving 15,000 miles per year). Over a course of five years, that’s an estimated savings of $3,750 compared to the average new vehicle.*
But the biggest precedent the Chevy Bolt has set is the fact electric cars are not all about fuel cost savings. Chevy’s introduction of the Bolt comes at a time where gas prices are fairly low, but their bold move shows consumers that improved fuel efficiency is important for its environmental impact, or lack thereof. Battery-powered cars produce zero tailpipe emissions and can operate with alternative energies like solar energy and recycled energy collected via regenerative or one-pedal braking.
To put it in perspective: According to the EPA, the average amount tailpipe emissions per car were 358 grams per mile or 5.9 tons per year for the 2015 model year. The Chevy Bolt has zero tailpipe emissions per mile because it requires no oil or gasoline to operate the car.
Additionally, according to FuelEconomy.gov, the Bolt’s energy impact score is .2 domestic barrels of petroleum per year. The average energy impact score of a This means that the Bolt significantly helps America break away from dependence on oil and fuel, which is both an economic and environmental issue. **
Another positive aspect of the Chevy Bolt is its an all-electric car that isn’t like the others. The Bolt is comfortably seats five passengers and with a range of 238 miles, it travels quite the distance before needing to be re-charged. And, it's not a slow poke, either. The Bolt produces 200 horsepower, which helps the Bolt accelerate from 0-60 mph in 6.5 seconds.
The all-new 2017 Chevy Bolt has a starting price of $37,495 and the vehicle is eligible for the available federal tax credit of up to $7,500.
This is the fourth time in the last three years that Chevrolet has a vehicle named to the Motor Trend’s annual awards. Last year, the 2016 Chevy Colorado held on to its 2015 title as Motor Trend Truck of the Year, and the 2016 Chevy Camaro was named the Motor Trend 2016 Car of the Year.
Congrats, Chevy!
*Fueleconomy.gov calaculates averages based on fuel cost estimated at national average fuel prices and assume the driver drives 15,000 miles each year, 45% under highway driving conditions (steady speeds with little or no stopping) and 55% in city driving (low speeds with lots of stopping).
**Also, It is important to note that greenhouse gas and petroleum numbers vary by state as each state has their own resources for energy and this will affect the energy impact score.