GM bumps Chevy Bolt pricing, but the increase is lower than expected
GM has announced a price bump on the 2023 Chevy Bolt EV and EUV, citing higher production costs. But the increase is lower than expected and lower than price increases across the rest of the industry, meaning Electrek’s Vehicle of the Year is still a screaming deal.
After announcing a ~$6,000 price drop in the middle of last year, GM has now bumped the price of the Bolt back up a little bit. But the increase is less than expected and less than we’re seeing in a lot of the industry.
The Chevy Bolt now starts at $26,500, up $900 from its previous base price. The EUV got a smaller increase of $600, up to a base price of $27,800. Both models are subject to a $995 destination fee on top of these prices.
The price rise comes just a few days after the Bolt regained eligibility for the US federal EV tax credit due to the Inflation Reduction Act. This tax credit allows buyers to claim a nonrefundable $7,500 credit on their federal taxes after buying an EV. Originally, it was thought that the Bolt would only qualify for $3,750, but when the IRS pushed back its implementation of some battery guidelines, that made the Bolt eligible for the full $7,500 for the time being.
Even after this price rise, the Bolt remains the cheapest EV available in America. The next-cheapest is the base model Nissan Leaf, at $28,040. The Leaf is also manufactured in America, which means it qualifies for the federal EV tax credit as well.
Here’s a list of cars that qualify for the EV tax credit – foreign-assembled cars only qualify if they are leased, not purchased.
GM emailed us a statement, and said it has “nothing planned beyond what we’ve announced” in terms of price increases:
Due to ongoing industry-related pricing pressures, the Chevy Bolt EV and EUV will see modest price increases starting in 2023, but we expect it to remain America’s most affordable EV. Chevrolet remains committed in its long-standing role to provide true value. We expect to continue building the record sales momentum we saw in 2022.
The Chevy Bolt is the first of GM’s modern EVs, first introduced in the 2017 model year. Since then, GM has implemented a new battery platform called “Ultium” which underpins its future EV offerings. The Bolt doesn’t use Ultium, which means it will eventually disappear from the product lineup as GM unifies its offerings under its new battery platform.
Electrek’s Take
Many thought that the implementation of these credits would result in a price hike for the Bolt, but today’s increase of less than a thousand dollars is much lower than expected, especially given the massive price cut the cars got mid-last-year and the increases we’re seeing across the industry.
Which means the Bolt is still a screaming deal – at least until March.
In addition, there are thousands of additional dollars worth of stackable deals that some buyers can take advantage of:
We still love this car, not only because it’s so low-priced, but because it’s a well-made EV with a five-star safety rating and premium features like Wireless CarPlay/Android Auto – though we would like it more if it had faster DC charge speed.
So if you’re looking for an EV, especially in the next couple months, this price bump doesn’t change our recommendation. While there are better EVs out there, the Bolt promises a lot of bang for your buck, and after tax credits and other incentives, for the right buyer it can be even cheaper than the cheapest gas car in America. It seems like a no-brainer to us. So, if you’ve been thinking about getting an EV, reach out to your local dealers and see if you can find a Bolt at near MSRP (which could be a rough task, since EV demand is so high right now). And regardless, consult a tax professional to make sure that you’ll qualify for these credits.
If you’d like, you can use our links to contact your local dealers about the 2023 Chevy Bolt EV or 2023 Chevy Bolt EUV and see if they have any in stock for delivery before “sometime in March,” when the EV tax credit is expected to be cut in half.
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Amazon is adding over 200 Mercedes-Benz eActros 600 electric semi trucks to its fleet later this year – its largest-ever order of electric heavy goods vehicles (eHGVs).
Amazon’s new electric semi trucks
These electric trucks will handle high-mileage routes across the UK and Germany, moving trailers between Amazon’s fulfillment centers, sorting centers, and delivery stations.
The new eHGVs are expected to transport more than 350 million packages annually once fully operational.
Amazon is installing 360kW charging stations at key sites capable of powering the 40-tonne trucks from 20-80% in just over an hour. The company is also working with stakeholders to establish external charging locations to support longer routes.
The eActros 600 is Mercedes-Benz Trucks’ flagship electric long-hauler, with a battery capacity of more than 600 kWh and a range of 310 miles (500 km). Production of the eActros 600s recently began at Mercedes-Benz’s factory in Wörth, Germany.
Sustainable delivery across Europe
In the UK, Amazon has begun using the electric rail network for package transport at scale. It’s also rolling out on-foot delivery options in London, with associates using carts that can be restocked from nearby vans. In Germany, Amazon doubled its fleet of Rivian electric delivery vans to over 600, and electric cargo bikes delivered more than 1.5 million packages in Berlin alone last year.
By the end of 2024, Amazon plans to expand its micromobility hubs – locations supporting deliveries by foot and cargo bike – to Germany’s five largest cities and beyond. Across Europe, the company is investing more than €1 billion to further electrify and decarbonize its transportation network.
Amazon’s European network already includes 38 eHGVs, with 50 electric semis recently deployed in California. The company’s fleet of electric delivery vans in Europe has grown to over 3,000 and is expected to surpass 10,000 by the end of 2025. Micromobility hubs have also expanded from 20 cities in 2022 to more than 45 by the end of 2024, including new additions in Belfast, Madrid, Rome, and Vienna.
Electrek’s Take
Amazon says its latest electric semi truck order aligns with The Climate Pledge it announced in 2019, in which the company committed to achieving net zero across its operations by 2040. While The Climate Pledge initiative has garnered praise, it has also faced criticism and skepticism regarding its effectiveness and transparency.
In 2020, Amazon faced allegations of retaliating against employees who spoke out about the company’s environmental policies. The National Labor Relations Board found that Amazon had illegally fired workers who advocated for climate action and better safety measures.
Amazon is also donating $1 million to President-elect Donald Trump’s inaugural fund. Trump is a climate change denier who actively opposes renewables, and not just in the US. Earlier this month Trump demanded that the British government open up the North Sea to fossil fuel drilling and get rid of “windmills.”
Read more: It begins: Mercedes eActros 600 electric semi truck enters production
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![Check out the new Genesis GV60 interior, it looks even more luxurious in blue [Video]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2025/01/Genesis-new-GV60-interior.jpeg?resize=1200,628&quality=82&strip=all&ssl=1)
If you thought the current GV60 looked pretty inside, wait until you see the updated model. Genesis unveiled the new GV60 earlier this month, its first major redesign since launching in 2021. Here’s our first look at the interior of the new Genesis GV60.
Genesis GV60 interior gets an upgrade in the new model
Genesis launched the GV60 in October 2021 as its first dedicated EV. Less than four years later, the luxury electric SUV is already getting a new look.
The luxury brand unveiled the new GV60 last week for the first time. One of the biggest updates is to the front end.
Although the GV60 is already a sporty-looking EV, the redesigned front bumper with a new 3-D shape takes it up another level. Then, add the signature Genesis Two Line headlamps with Micro Lens Array (MLA) tech, and the refreshed GV60 is a head turner.
The revamped model now features 21″ wheels with a new five-spoke design, complementing its wide, low stance.
Inside, the upgraded GV60 features its new 27″ connected car Integrated Cockpit (ccIC) infotainment system. The design “eliminates the bezel” between the driver display and infotainment screens.
The new Genesis GV60 interior also gains a redesigned three-spoke steering wheel for an even more sporty feel while you’re in the cockpit. Other popular features from the outgoing model, like the Crystal Sphere shift-by-wire system, are still included.
After revealing the updated model for the first time last week, we are already getting a look at the redesigned interior.
A new video from Korea’s HealerTV gives us our first look at the Genesis GV60 interior in a new blue color. Although the reporter initially thought it was a performance model, he noted it was just a new color option. Other added design elements, like the large quilting pattern on the side panels, give it that Bentley or Rolls-Royce feel.
Last week, HealerTV posted a video revealing the first look at the updated Genesis GV60 exterior design. You can see the redesigned front and rear bumpers add to the GV60’s already impressive look.
In the US, the 2025 Genesis GV60 starts at $52,350. A new AWD trim was introduced this year, starting at $55,850.
The current mode gets up to 294 miles driving range, but a bigger battery is expected to push that number closer to 300 miles in the 2025MY. It’s expected to feature the same 84 kWh battery as the updated 2025 IONIQ 5, which provides up to 318 miles range. That’s up from 303 miles in the previous model with a 77.4 kWh battery.
| 2025 Genesis GV60 trim | Range (EPA-est) |
Starting Price* |
| Standard RWD | 294 miles | $52,350 |
| Standard AWD | 264 miles | $55,850 |
| Advanced AWD | 248 miles | $60,900 |
| Performance AWD | 235 miles | $69,900 |
Genesis will launch the updated GV60 in Korea in the first quarter of the year, with overseas markets following shortly after. Check back for more info, including prices and specs, closer to launch.
What do you think about the new GV60 design? Do you like the changes? What would you change? Let us know in the comments below.
Ready to check out the electric luxury SUV for yourself? With the 2025 models here, Genesis is offering clearance prices on the 2024 lineup while they are still in stock. You can use our link to find offers on 2024 and 2025 Genesis GV60 models at a dealer near you today.
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