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Chevrolet announces return of beloved model with incredible price tag — here are the details

There's always room for more savings.

The Chevrolet Bolt is set to return as a 2027 model, featuring an updated battery and a shockingly low price.

Photo Credit: iStock

After a temporary retirement period since its original debut in 2023, the Chevrolet Bolt — the brand's only best-selling, inexpensive, entry-level electric vehicle — is scheduled to return as a 2027 model. It is anticipated to hit shelves sometime next year, according to Kelley Blue Book.

While the 2023 model proved relatively incompatible with Chevrolet's budding EV platform and its emphasis on battery inclusivity, the refreshed 2027 design is equipped with up-to-date battery technology as well as other minor visual upgrades for the exterior and interior alike. 

According to KBB, a standard DC fast charger can bring the new and improved Chevy Bolt from 20% to 80% capacity in less than half the time required by the retired model. General Motors projects a 255-mile range on a full battery.

What's most remarkable about the Bolt, however, is its startlingly low price — at under $30,000, KBB anticipates that the upcoming 2027 model will be the least expensive available EV in the United States. Its closest competition for an EV model that's budget- and planet-friendly is the all-new Nissan Leaf.

After all, going electric is one of the easiest and most effective ways to save money on fuel and maintenance for your car while reducing fuel-based carbon pollution on your daily commute. EVs generate zero tailpipe carbon dioxide, contributing far less to our planet's overheating than vehicles with internal combustion engines. According to a Massachusetts Institute of Technology study, the total carbon pollution generated by an EV is about 200 grams (0.44 pounds) per mile driven, down from over 350 (0.77 pounds) for a combustion-based vehicle.

Of course, EVs are far from environmentally perfect. The lithium batteries necessary to power these vehicles, for instance, require abrasive resource mining to produce and leave behind a mess of toxins and contaminants when improperly disposed — but the resource drain for EV batteries is minimal compared to the billions of tons of fossil fuels burned each year by combustion-based vehicles, and battery recycling facilities are helping make the disposal process more circular and sustainable. On the whole, making the switch is well worth it. 

The upcoming Chevy Bolt may be one of the least expensive EV starters yet, but there's always room for more savings.

Charging your vehicle at home instead of at a public charging station can save you hundreds each year. Qmerit is helping homeowners who want to install Level 2 chargers by providing free, instant installation quotes. 

Installing home solar panels can make owning or leasing an EV even cheaper by reducing the electricity costs of charging your car at home. If you're interested, tools like EnergySage can help you get started on the solar process.

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