The 2022 Chevrolet Bolt Is Cheaper After Major Upgrades

by Gabrielle DeSantis

One of the most affordable electric vehicles on the market is about to get even cheaper. The Chevrolet Bolt has a controversial past. It is also one of the best-selling electric vehicles in recent years. Can the 2022 model solidify the Chevrolet Bolt as a consistent contender for the best EV?

What’s new for the 2022 Chevrolet Bolt?

The Chevrolet Bolt interior | Chevrolet

The 2022 Chevrolet Bolt is a crucial model year for the nameplate. The Bolt has been acknowledged for its impressive 259-mile battery, but it has had its fair share of recalls as well. If the Bolt is going to be successful and enjoy high sales numbers, it has to prove to consumers that it is more reliable than ever (and less prone to catching fire).

Chevrolet recognizes the popularity of the Chevy Bolt and its potential. The 2022 model will include a new front fascia that makes the Bolt look more like a sophisticated luxury car despite its affordable price. Slim new daytime running lights sit above the newly positioned large LED headlamps. The interior includes a new center console and a new shifter. Even the cabin materials feel more luxurious than the previous model year.

The 2022 Chevrolet Bolt means business, and it has a lot to prove. It is a more mature, refined-looking car, which is exciting considering it is actually cheaper than last year’s model. Is the 2022 Chevrolet Bolt the model year that will finally earn the title of the best electric car?

Will electric cars get cheaper?

A red Chevrolet Bolt.
The Chevrolet Bot | Chevrolet

Electric cars will gradually become cheaper to produce across the board. Chevrolet has produced some of the cheapest electric cars on the market with the Chevrolet Bolt and Chevrolet Volt. Unfortunately, these cheap electric cars have had some major issues in the past. Chevrolet Bolts have even caught fire recently while parked.

Electric car production is still in its infancy for many automakers. As a result, the production process will be streamlined in the future, and EV production and ownership will be cheaper than gas-powered vehicles. Future EVs will also benefit from being safer because of all the recent recalls and battery-related incidents consumers are experiencing today.

The first Chevrolet bolt debuted at $34,000 in 2016 and was eligible for the federal EV tax credit. It offered decent range, and the price wasn’t outrageous compared to other EVs like the Tesla Model S. The Chevy Bolt only fluctuated in price by a few thousand dollars to date, making it a strong candidate for the most affordable EV on the market. Now Chevy is making the Bolt even cheaper.

What is the cheapest electric car?

2020 Chevrolet All-Electric Bolt EV is on display at the 112th Annual Chicago Auto Show.
The Chevrolet Bolt | Raymond Boyd/Getty Images

The 2021 Chevrolet Bolt costs $36,500. According to Road Show by CNET, the 2022 model will start at $31,000. This $5,500 price reduction is important because the 2022 model is crucial for the Chevy Bolt nameplate. The 2021 Chevrolet Bolt has been praised for its availability, 259-mile range, and comfortable cabin. It has also faced scrutiny because of unstable batteries catching fire.

The Chevrolet Bolt is one of the cheapest electric cars alongside models like the Nissan Leaf, Mini Cooper SE, and Hyundai Ioniq Electric. It also has the best battery range for an affordable EV. The 2022 Chevrolet Bolt’s price reduction will make it one of the most popular electric vehicles on the market. Will the Bolt use its new reduced price to spark a run for top electric car, or will Chevy’s ambitions burst into flames?

RELATED: Cheap EVs: The 2021 Chevy Bolt EV Gets Massive $12,000 Discount

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