2017 Chevy Bolt EV will cost you $37,495

Two trim levels, LT and Premium, also announced.

The 2017 Bolt EV has a starting price: $37,495. As anyone who follows the plug-in vehicle scene, that number will not be a surprise. For one, it's pretty much exactly what a leak back in January suggested and what GM has been promising since first showing off the concept in early 2015. Second, when you subtract the maximum federal tax credit of $7,500, that comes to a whisker shy of $30k. And you can bet big money that we're going to see a lot of ads for Chevy's new $29,995 electric vehicle when the car goes on sale later this year.

GM isn't revealing all of the trim levels for the Bolt EV just yet, but it did say that the base LT model will come with the Regen on Demand steering wheel paddles, a rear vision camera and a 10.2-inch color touch screen. There's also going to be a Premier trim level that adds heated seat front and back, leather-appointed seats, surround camera and that fancy rear camera mirror that puts the rear camera view in your rear-view mirror. The Bolt EV will have an official EPA range of 238 miles per charge.

Of course, at some point the federal tax credit gravy train will run out. Through the end of August, GM sold 103,045 Volts so far. Add in a few Cadillac ELRs and Chevy Spark EVs and you've still got quite a ways to go before The General hits the 200,000-vehicle limit. That's when the tax credit will start to decline for GM plug-in vehicle buyers. Don't be surprised if the Bolt gets a price drop to match.

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