Chevrolet thinks it can one-up Tesla with a $30,000, 200-mile Bolt

The race for the people's electric car just heated up. Much of the conversation about electric cars thus far has revolved around Tesla, but Chevrolet is angling to change that.

Chevrolet announced on Thursday that testing is underway for its fully electric Bolt, which the company claims will exceed 200 miles of range and be available to consumers for around $30,000. This puts Tesla right in Chevy's crosshairs; the former is working on a $35,000, 200-mile range electric vehicle (EV) called the Model 3

Currently, EV offerings in the U.S. are either limited in range, expensive or in some cases, both. The best range comes from the Tesla Model S 85D, which offers a range of 270 miles but at a starting cost of $85,000 before federal tax credits. The best EV in terms of range around the Bolt's target price is the Kia Soul EV which boasts a 93 mile range for the price of $33,700 before tax credits. Read more...