The Chevrolet Bolt, the ‘Next’ Electric Vehicle

Affordable, long-range concept builds on brand’s electrification leadership

DETROIT – Chevrolet today made a significant statement on its commitment to electrification with the introduction of the Bolt EV concept – a vision for an affordable, long-range all-electric vehicle designed to offer more than 200 miles of range starting around $30,000.

“The Bolt EV concept is a game-changing electric vehicle designed for attainability, not exclusivity,” said General Motors CEO Mary Barra.

“Chevrolet believes electrification is a pillar of future transportation and needs to be affordable for a wider segment of customers.”

Leveraging the electrification prowess established by Volt and Spark EV, the Bolt EV concept is designed to offer long-range performance in all 50 states and many global markets.

2015 Chevrolet Bolt EV Concept all electric vehicle. Front ¾ in city scape. Bolt EV Concept builds upon Chevy’s experience gained from both the Volt and Spark EV to make an affordable, long-range all-electric vehicle to market. The Bolt EV is designed to meet the daily driving needs of Chevrolet customers around the globe with more than 200 miles of range and a price tag around $30,000. © General Motors
2015 Chevrolet Bolt EV Concept all electric vehicle. The Bolt EV Concept builds upon Chevy’s experience gained from both the Volt and Spark EV’s to bring an affordable, long-range all-electric vehicle to market. The Bolt EV is designed to meet the daily driving needs of Chevrolet customers around the globe with more than 200 miles of range and a price tag around $30,000. © General Motors

Drivers will be able to select operating modes designed around preferred driving styles such as daily commuting and spirited weekend cruising, for uncompromising electric driving. The modes adjust accelerator pedal mapping, vehicle ride height and suspension tuning. The Bolt EV concept is also designed to support DC fast charging.

“We have made tremendous strides in technologies that make it easier and more affordable for Chevrolet customers to integrate an all-electric vehicle in their daily lives,” said Barra.

“The Bolt EV concept demonstrates General Motors’ commitment to electrification and the capabilities of our advanced EV technology.”

The Bolt EV concept also pushes the envelope for crossover aesthetics. Its unique proportion, with practically no front or rear overhang, makes the most of interior space and was designed to create a roomy environment for four that feels expansive. Lightweight materials, including aluminum, magnesium, carbon fiber and even woven mesh, complement the design, while driving down the curb weight to help maximize range. Aero-optimizing features such as vented rear fenders also help contribute to range.

“Form and function have never meshed so well together,” said Ed Welburn, vice president, GM Global Design.

“No compromises were made when it came to aesthetics and the elements that contribute to the Bolt EV concept’s range, resulting in a unique proportion that’s sleek, efficient and obviously a Chevrolet.”

The Bolt EV concept’s airy interior ambience is enhanced with bold use of glass all around – as well as a full-length, frosted glass roof with unique, faceted design elements. A high beltline sweeps upward with the D-pillar, culminating in an integrated roof spoiler, for a lean, athletic stance.  An advanced nano-composite rear hatch and wraparound rear window give the Bolt EV concept a distinctive appearance and flood the interior with more natural light.

High-intensity, efficient light-emitting diode (LED) headlamp and taillamp elements are housed behind jewel-like faceted lenses in which translucent elements illuminate evenly to create the signature lighting effect.

Airy, intuitive interior

Inside, the Bolt EV concept has a large feel reinforced by generous headroom and legroom dimensions. A flat, flow-through floor adds to the roominess, while a contemporary, light color scheme adds to the feeling of an open, airy cabin and conveys warmth.

2015 Chevrolet Bolt EV Concept all electric vehicle interior. Unique crossover proportions provide a calm, welcoming interior blending technology and efficiency with a roomy, airy feel. Glass roof, thin seat design, aluminum seat structure, flow-through flat floor, anodized orange accents and 10 inch capacitive touch screen. © General Motors
2015 Chevrolet Bolt EV Concept all electric vehicle interior. Unique crossover proportions provide a calm, welcoming interior blending technology and efficiency with a roomy, airy feel. Glass roof, thin seat design, aluminum seat structure, flow-through flat floor, anodized orange accents and a 10 inch capacitive touch screen. ©General Motors

The cabin’s airy, high-tech environment is reinforced with lightweight, slim-architecture seats mounted on exposed aluminum pedestals that create a floating effect. The minimalist center console “floats,” too, suspended from the front seats.

“The Bolt EV concept’s interior is intended as a sanctuary, with materials and technologies that reinforce the airy ambience and help contribute to the vehicle’s overall efficiency,” said Welburn.

“It also incorporates technology in a subtler and simpler manner, for a more soothing driving experience – particularly in busy, urban environments.”

Chevrolet’s signature dual-cockpit interior layout incorporates easy-to-use technology designed to make the driving experience easier and more enjoyable. It wraps into the door panels and features a frosted and translucent appearance – and a subtle glow at night.

The Chevrolet Bolt EV concept vehicle makes its global debut Monday, January 12, 2015 at the North American International Auto Show in Detroit, Michigan. The Bolt EV concept is Chevrolet's vision for an affordable, long-range, all-electric vehicle designed to offer more than 200 miles of range - starting around $30,000. (Photo by Steve Fecht for Chevrolet) © General Motors
The Chevrolet Bolt EV concept vehicle makes its global debut Monday, January 12, 2015 at the North American International Auto Show in Detroit, Michigan. The Bolt EV concept is Chevrolet’s vision for an affordable, long-range, all-electric vehicle designed to offer more than 200 miles of range – starting around $30,000. (Photo by Steve Fecht for Chevrolet) © General Motors

The concept’s technological intuitiveness can be accessed via a smartphone with the concept Bolt EV Connect app, which is designed to:

  • Allow a smartphone to perform as the key fob
  • Allow ride-sharing management, including reservations, vehicle location, digital key and even payment processing via the smartphone
  • Incorporate the concept automatic park-and-retrieval technology, which enables the driver to exit the vehicle and tell the Bolt EV concept to park itself – and when errands are completed, the Bolt EV concept can be summoned to return to the owner’s location.

A large, color 10-inch-diagonal capacitive-touch screen, with interface features, complements the concept Bolt EV Connect app. It even allows the projection of all the application and other smartphone data onto the screen.

Founded in 1911 in Detroit, Chevrolet is now one of the world’s largest car brands, doing business in more than 140 countries and selling more than 4.8 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature engaging performance, design that makes the heart beat, passive and active safety features and easy-to-use technology, all at a value. More information on Chevrolet models can be found at www.chevrolet.com.

China cuts Electric Vehicle subsidy, Tesla stocks soar

by Nicholas Brown

The Tesla Model S electric vehicle – now available in China.

Tesla Model S

China’s generous electric vehicle subsidy was rumoured for months to face huge cuts — but the Finance Ministry has lowered the subsidy by only half of what was originally planned (a 5% drop in 2014, and a 10% drop in 2015).

Electric Vehicle (EV) manufacturers within and outside of the country had been holding their breath ever since the first hints of a possible subsidy cut trickled out into the press.

However, since the latest announcement electric vehicle manufacturers have been celebrating — including Tesla Motors (TSLA) whose stock values have suddenly surged to a record high of $196 per share. Last year, 35,000 to 60,000 yuan ($5,780 to $9,900 USD) per electric vehicle were paid out in subsidies as the frenetic push continues for cleaner air within China’s smog-choked cities.

China has been on a manufacturing roll in recent years. Even companies that are not based in China choose to manufacture their products in the world’s most dynamic economy. Tesla Motors recently entered the Chinese automotive industry despite legal challenges — and Tesla brass expect the Chinese electric vehicle industry to be as large as, or even larger than that of the U.S.

That doesn’t surprise me, as China has the world’s largest population (1.35 billion in 2012, according to Google), and the world’s largest car market.

Apart from that, Tesla’s stock value could come crashing back down as it did in November of 2013. A 40% decrease occurred in a matter of months, possibly caused by reports of (only) three Tesla Model S fires.

However, every cloud has a silver lining — the fires, along with subsequent NHTSA test results, have showed that Tesla vehicles are quite safe. The NHTSA has since rated the vehicle and Tesla was awarded the highest safety rating ever by the NHTSA in 2013.

Information from CleanTechnica.com show the German’s agree with the U.S. National Highways and Transportation Safety Administration (NHTSA).

Responding to potential concerns, the German Federal Motor Transport Authority, Kraftfahrt-Bundesamt (KBA) decided to investigate the matter and check for manufacturing defects. Tesla complied, providing data and additional information related to the three Tesla fires noted above.

KBA conducted its investigation and came to the same conclusion as Tesla, writing:

“According to the documents, no manufacturer-related defects [herstellerseitiger Mangel] could be found. Therefore, no further measures under the German Product Safety Act [Produktsicherheitsgesetz (ProdSG)] are deemed necessary.”

I would also expect the electric vehicle industry to show strong growth as millions more of China’s citizens begin to enjoy disposable income levels on par with other emerging nations. In the China of 2014, hundreds of millions of people need economical cars today and (literally) millions of others are waiting for the opportunity to buy a luxury car. In some cases, due to the long waiting lists the delivery date for a luxury imported car can take longer than one year in China.

According to the Wall Street Journal, even Rolls-Royce sells more cars in China than they do in most countries, at a cost of hundreds of thousands of U.S. dollars per vehicle. China and the U.S. are the most significant markets (as of January 2014) for Rolls-Royce.

Tesla is due to report their fourth quarter results on February 19.

Source: CNN Money

Editor: John Brian Shannon