Chevrolet has set a US price for the new Bolt EV of US$37,495 including destination charge. Customers might receive an available federal tax credit of up to $7,500, reducing the cost to $29,995.

GM previously announced the Bolt would have a range of over 200 miles (EPA estimate is 238). "The pricing of the Bolt proves we're serious about delivering the first affordable EV with plenty of range for our customers," said Alan Batey, president of GM North America and head of Global Chevrolet. "We have kept our promise yet again, first on range and now on price."

The $37,495 is for 'base' LT trim including Regen[eration] on Demand steering wheel paddle, rear vision camera, 10.2-inch diagonal colour touch screen and Michelin self-sealing tyres. The Premier adds leather-appointed seats, front and rear heated seats, surround camera and rear camera mirror. The Bolt will be available at some US dealerships in late 2016.

In Canada, the retail price will be $42,795 plus a $1,600 destination freight charge. Pricing can be cut as low as $31,434 (plus the freight charge), after the eligible Ontario provincial incentive applicable to the base model of the Chevrolet Bolt EV of $11,361.

In Canada, the DC fast charging provision and tyre inflator kit will be standard.

Canadian sales start in early 2017.