GM is killing the Chevy Bolt to go all-in on supersized EVs.
: large SUV, large SUV, giant truck, large SUV, giant truck. But the Bolt — under $20,000 with the tax credit applied — was the proud exception.
And while there are other state and local rebates offered on other makes and models, this now means the only federal-tax-credit-eligible sedan option going forward will be a Tesla Model 3, which, even with, starts at over $40,000. If would-be Bolt buyers want an EV with the full tax credit, they are left to size up to the Equinox, an electric SUV that GM is aiming to sell for $30,000.
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