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Bolt Breakthrough? A Tale of Two Electric Cars

The Detroit News

Chevy Volt, Fiat 500e, Ford C-Max Energi, Nissan Leaf, Volkswagen E-Golf, BMW i3 … the Los Angeles Auto Show is Ground Zero for showing off electrified vehicles.

California’s green culture and the state-mandated EV quotas make it a natural for all things battery-powered.

But unless your name is Tesla — America’s best-selling large sedan — electric vehicles have failed to interest U.S. consumers. EVs make up less than 1 percent of vehicle sales despite a $7,500 federal subsidy plus additional perks in several states including California. One of the most notable disappointments has come from one of the world’s most recognized brands, Mercedes. Its $42,000 battery-powered subcompact B-Class came to market in 2014 — yet is selling just 50 per month on average this year.

This week at the Los Angeles Auto Show, the Chevy Bolt EV took home the Green Car of the Year award. The Bolt is the same size as the Mercedes, boasts similar sub-7-second acceleration, and starts at the same price when comparably equipped.

Yet, Chevrolet is bullish that the Bolt is the answer.

Much of that confidence lies in the Bolt’s breakthrough 238-mile range on a single charge — the first car to achieve that figure under $40,000. The Chevy’s base LT trim will start at $37,495. But the better apples-to-apples comparison to the leather-appointed $42,000 Mercedes is the Bolt’s Premiere trim — also with leather appointments — which will start at just above $41,000.

Though the Mercedes interior design is a class above the Bolt hatchback in materials and presentation, the five-door B-Class manages just 85 miles on a full charge.

“The Bolt lies in a quadrant where nobody else plays,” Chevy Marketing guru Steve Majoros said in an interview next to the Bolt, the centerpiece of Chevrolet’s show stand in LA. “There’s low cost and low range, and there’s high cost and high range — and in the sweet spot there’s low cost and high range, and that’s where we are.”

“We feel confident in the value equation being solved here,” he continued. “This is a solution that consumers have been telling us they are craving. People are very clear — it’s better have a ‘two’ in front of it.” As in 200 miles.

Read more of the original article in The Detroit News.

Nov 20, 2016connieshedron
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