LG Chem, not to mention GM, is counting on the Bolt to hit a sweet spot of sorts when the five-door model goes on sale toward the end of this year. The Bolt will be able to go a combined 238 miles on a full charge, and will be priced starting at $37,495. The car's US sales will start in California and Oregon this year before working their way eastward in 2017.
At 30,000 units, Bolt sales would be in the neighborhood of what Tesla sold of its Model S last year, and about twice as many units as Chevy sold of its Volt extended-range plug-in (with the next-generation Volt recently starting sales, that figure has already been surpassed this year). In fact, aside from the Model S and Volt, the Nissan Leaf EV, BMW i3 EV and Ford Fusion Energi Plug-in Hybrid were the only models to break the 10,000-unit sales threshold in 2015. So while Tesla is poised to reach that 30,000 figure with its Model S again this year, the number is still lofty.
That said, Americans continue to break monthly records when it comes to plug-in vehicle sales. Last month, more than 16,000 EVs and plug-in hybrids were sold in the US. And through September, plug-in vehicle sales were up about 38 percent to almost 111,000 units sold.