January 13, 2015
Melissa Burden

General Motors Co. said Monday its Chevrolet Bolt electric concept would have 200-plus miles of electric range and cost about $30,000, and may come to market within a year or two.

While GM CEO Mary Barra wouldn't say for sure if the vehicle will go into production, she did say the all-electric vehicle would be sold across the U.S. and in select global markets. She declined to provide which markets GM is considering.

Alan S. Batey, GM North America president, declined to say when GM would build the Bolt, but GM's head of global product development, Mark Reuss, said the vehicle could be coming within a year to a year and a half.

Batey said, "We're pretty convinced that this is the right vehicle at the right time. We've got this pretty much nailed down and we know how to do it. We would not have today come here and talked about 200 miles and $30,000 if we didn't really know how to make that happen."

Source
The Detroit News