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The lowest-priced EV in the US is somehow also one of the best. Now in its sixth year, the Bolt EV is also seasoned, having worked through a battery fiasco/recall and significant lapses by GM’s decision-makers while receiving modest but significant updates.

With a clean bill of health, the Bolt is now an huge outlier in bang-for-buck. But the 2023 Bolt is also quick, fun to drive, useful, and often more so than cars twice its price. In fact, I think we should be looking to the diminutive Bolt as the future of transportation.

2022 EV landscape

2022 was an interesting year for EVs. The leader in the space, Tesla, still commands over 60% of the market share in the US and many developed countries. But as traditional automakers ramp up their EV output, that dominance will recede. The Austin-based company hasn’t really done too much in the way of upgrading its cars this year, however. Instead it focused on production, opening new plants in Austin and Berlin and ramping up its Shanghai plant while achieving record breaking quarters, one after another.

There were a ton of new vehicles we loved, however, including E-GMP platform vehicles from the greater Hyundai including the quick charging and beautifully equipped IONIQ 5, Kia EV6 and the Genesis GV60. The IONIQ 6 is coming along as are future vehicles (Ev9, etc) on this platform. If this award was for platforms, the E-GMP would probably take it.

There’s also the hot-selling Ford Mustang Mach-E and F-150, the beautiful Cadillac Lyriq, VW’s improved ID.4 that is now made in Chattanooga with Plug and Charge and V2G coming. But there’s one thing that sticks out about all of these EV CUVs: The sticker price starts at around $50,000.

On the more mundane side, Hyundai/Kia offer the Kona/Niro for around $40,000 and the aging 40kW CHAdeMO-equipped Nissan LEAF comes in at $29,000, but to get over 200 miles of range, you have to add close to $10,000.

The chip shortage, supply chain issues and just overall supply and demand issues for EVs let almost every EV maker jack up their prices in 2022. Some as much as $20,000 or more.

Then there’s the mighty Chevy Bolt EV which actually saw a $6000 decrease in price this year to an outlier price starting at $25,600. That price is changing the game and allowing more people get a full, non-compliance EV. The longer EUV is only $1600 more and offers some of the best Autonomy options on the road. But low price is only part of the equation. (We’re not the only ones seeing this)

Recent Electrek Vehicles of the Year winners:

My history with the Bolt and background

I leased a 2017 Chevy Bolt EV from 2017 to 2020. During the pandemic, I decided not to buy out my lease partially because I wasn’t driving but also GMC raw dogged me on buyout price, offering more than a new Bolt. Turns out the joke’s on them because soon after I surrendered my beloved Bolt, the vehicles started catching on fire.

I’ve also reviewed just about every other EV out there, including everything from Minis to Mercedes and everything in-between. I’ve also owned every Tesla outside of the Roadster (and Semi, I guess) and currently own a Model Y and 3.

I often compare all of these cars to my previous and future Bolts in my head and often they come up short.

After the Bolt price drop and my mom’s Prius started faltering, I decided to buy my mom a Bolt EV. I liked that car so much, I again bought myself one. It was delivered yesterday, and it is now my daily driver. I expect to sell my 2018 Tesla Model 3 RWD long range for more than the $28,000 I paid for my Bolt EV. My family will still use the Model Y for long trips, and we’ll reassess if and when our Rivian R1S ever arrives (likely the Bolt will eventually go to the teenager).

Bolt EV vs. Bolt EUV

The EV and EUV are incredibly similar, starting with the exact same battery pack, charging system, motor, and electronics. But, the EUV is 6.3 inches longer, translating to three more inches of rear legroom and a few inches each in the rear compartment and front. The rear legroom in the EV vs. EUV goes from “passable” to “oddly more than enough.” The EUV, having been introduced last year, also has some additional options including the sunroof and SuperCruise, which works incredibly well. As a 6-footer, I have no problem sitting in the back of either vehicle unless there is a fifth person in the middle of the rear seat. Then, you are counting down the seconds until the trip ends.

The biggest difference in the two models is the profile appearance with the EUV representing the extremely popular CUV trend and the Bolt looking more like a tall “hot hatch,” or as Chevy used to call it a, “Micro-Crossover.”

Strangely, however, the shorter Bolt EV has more cargo space than the EUV. Is there some sort of wormhole in there? I’m told the shape of the rear end of the EV more than makes up for those extra length inches in the EUV. I don’t see it, but I’ll trust Chevy. My take is the EV is remarkably roomy inside for its footprint.

Bolt EUV cargo volume

  • 16.3 cubic feet behind the second row
  • 56.9 cubic feet with the second row folded down

Bolt EV cargo volume

  • 16.6 cubic feet behind the second row
  • 57.0 cubic feet with the second row folded down

The EV, because of its smaller size and weight, gets slightly more range (247 to 259 miles), and therefore adds slightly more efficiency and charge miles/minute. 60-0 braking is also slightly shorter for the Bolt EV. Maybe most importantly the EV hits 0-60 in 6.4 seconds which feels a lot faster than the .3 seconds slower EUV. Something to consider with EVs vs. ICE cars: You can absolutely gun it at every green light and not be ostracized like you would in a down/gear shifting, loud, jerky internal combustion engine vehicle.

So the EV is faster, smaller, more efficient, better at braking, and yet has more cargo space than the EUV?

We’re awarding both cars our car of the year, but if I had to drill it down to the EV vs. the EUV, I’d go with the smaller EV.

Bonus charging offered by Chevy

On top of the Bolt’s low price, Chevy also offers up to $1000 through Qmerit for Level 2 charger home installation, or $500 in EVGO credit. As I discussed in my post about getting my mom a Bolt, my Qmerit experience was awful; but after a ton of complaining, I did get a Nema 14-50 outlet.

Chevy also offers a free charging cable with the Bolt EV and EUV, though upgrading the EV to level 2 is a $295 option. With Volkswagen and Tesla removing the free charging cables from their cars, Chevy’s offer here is fantastic and gets drivers off on the right foot.

Time to think holistically – not just about EV vs. ICE

After driving a HummerEV and Ford F-150 Lightning, I started to wonder if we’re better off electrifying these behemoths of the road or just getting rid of them altogether. In a time where battery supply is the bottleneck to electrification, the HummerEV is carrying 4 EVs or 10 PHEVs worth of batteries on its 9000lb. body. It also takes three efficient cars worth of electricity to go the same mile in a huge truck. That’s not to even bring up the dangers of being way up in the air and driving these huge heavy trucks at highway speeds. Not only is bicycle and pedestrian visibility limited, but they absolutely destroy anything they crash into including school busses. Sure, some small percentage of pickup drivers actually do work in them, but we somehow got by with Ford Maverick-sized trucks 20 years ago, and we should probably strive to go back to that.

Comparatively, the Bolt is refreshingly small, meaning parking is easy and there’s a ton of extra space in your garage. Yet, with its height and low floor entry points, it is super easy to get into not just for aged and accessibility folks. The low side windows and sloping hood make it easy to see kids and bikers in front of and around the car. The Bolt got a 5-star-safety-rating from NHTSA, and though it might not fare well against a Hummer, it will keep occupants as safe as possible.

It also has tons of room and even more when you fold the seats down (see above).

Wireless CarPlay and Android Auto is a gamechanger

As a Tesla driver, I’m always pleasantly surprised when I get into a CarPlay or Android Auto-based vehicle. I just don’t see anyone beating Apple and Google in the UX space, and it has become quite standard in the car space. Responding to texts is way easier, and the voice recognition is an order of magnitude better. Apps that I want are there and updated in a timely manner.

I was taken aback recently when I reviewed the Genesis GV60. This luxury car with all of the bells and whistles still required you to plug in your phone to use CarPlay. This review might have pushed me over the edge. CarPlay is great, but wouldn’t it be cool if my phone could just be in my pocket?

And that’s the experience with the Bolt. You get in the car turn it on and go. It connects to the phone in your pocket (or you can put it on the wireless charging pad or even plug into the USBA/USBC plugs like a caveman). You’ve got your favorite apps, music and are ready to go. It Just Works™.

Downsides to the Bolt

Every vehicles has some downsides, but I’d argue that the Bolt has relatively few. Let me try to explain these away…

54kW DC fast charging limit. This one is particularly painful because it was called out six years ago. GM decided, again and again, not to upgrade it citing cost and complexity concerns. Even just getting it over 100kW would have been a big psychological boost, and the thing can re-gen at 70kW, so it is pretty obviously capable of updating.

That said, most folks don’t go over 260 miles on all but a few days of the year, and if so, there are a ton of CCS charging options now. Even better, with Plug and Charge/Autocharge+ from EVGO it is super easy – you just plug in to charge (after a quick setup). One thing to consider is that with the Bolt’s efficiency, it charges much faster on a miles-per-minute basis. For instance, it will get just as many miles as a Ford F-150 Lightning charging at over 100kW.

I’ve easily road tripped in a Bolt before and realistically, that means I have to stay an extra 15-30 minutes per charging session and heck, people have driven their Bolts from Ohio to Alaska. At peak charging rate of 54kW, you’ll get 100 miles of range in a half hour of charging. Relax!

The overriding point is that if you don’t do a lot of road tripping and have a home charger where you’ll wake up every morning with 260 miles of range, the DC charging speed limit isn’t a dealbreaker.

FWD vs. AWD Putting front wheel drive into an EV isn’t as straight forward a decision as an ICE vehicle with the weight of the motor over the front wheels. EVs have equal weight between the tires and will see diminishing returns.

With the Bolt’s instant torque and low resistance wheels, I chirp out a lot more than I mean to, especially on rainy or icy roads and on gravel. This can be mitigated somewhat by changing out for worse range, grippier tires. I was told once by a Bolt engineer that they were fixing that but they never did.

The flip side is that the front wheel drive allows for a lot more regeneration of power than a RWD would. The Bolt offers some of the best and most complete one wheel driving available, especially with the always-on regen button and steering wheel paddle to add up to 70kW of braking.

I still would have loved to see an AWD option on the Bolt even if it was just putting a light sub-100hp motor on the back wheels for snow and a little more pickup. Chevy is offering this kind of small motor option to get the Equinox to AWD.

Chevy is perhaps seeing the light here offering the upcoming Ultium Blazer SS in not only FWD and AWD options but, in a first, offering RWD version as well. It can do this because adding motors to EVs is an order of magnitude easier than ICE vehicles. Just not easy enough to add to the Bolt apparently.

Size and shape. I happen to love the look of the Bolt EV but I think I’m in the minority, certainly of Electrek writers. Most people see the EUV as the better looking variant, but I just see it as another CUV in a sea of CUVs on American roads. I, for one, appreciate the uniqueness of the Bolt EV’s form factor. It’s a HOT HATCH! I wonder if GM could have made something look more like the Mini or GTi.

The interior quality is what I would call middle of the road. Seats are comfy and an upgrade from earlier Bolts, but nothing about this car says luxury; it is designed well, but not over the top. Chevy inexplicably changed the shifter in the Bolt to push/pull buttons which I’m still getting used to.

Both Bolts are quite narrow, and the driver ends up being pretty close to the passenger – sharing that small armrest can sometimes feel like a movie theater or a flight. And that back row middle seat? Small people only.

Bolt Fires. A problem was identified with LG’s manufacturing process in Bolt Batteries in 2020 that very rarely caused fires in previous years battery packs. A sting of Bolt fires and GMs refusal to comment got a ton of negative publicity. The cause of the fires was discovered and fixed. Then GM, mostly funded by LG laboriously replaced all previous battery packs. The packs manufactured now are fixed and should function properly. GM did the right thing here.

Dealers. I’ve had to deal with two Chevy dealers in the last two months getting Bolts for myself and my mom. The experience with hers was typical of my past experience, which means, not great. They tried to trick her into a maintenance package after we’d already paid for the car and didn’t handle the Qmerit mess very well either.

Mine here in New York wasn’t bad (Mt. Kisco Chevy). Mike D. was pretty realistic once I told him my expectations and that I knew exactly what I wanted. Bravo to him. He was well prepared and paperwork took about 15 minutes. As a former Bolt owner himself, he just let me go with a handshake. The one downside was I got a hard sale from a lying OnStar salesman on the phone who then abruptly hung up after I didn’t bite. Sheesh.

Vehicle to grid/load/etc.

It is 2023, and all EVs should build in a simple pure Sine Wave inverter that would allow the car to provide AC power to a campsite, worksite, or to the home during an electrical outage. The Ford F-150 highlighted this untapped demand with 10kW of output, and the E-GMP platform cars recently added a smaller 2kW capability.

Unfortunately, the Chevy Bolt has nothing of the sort (we saw some plugs in the upcoming Chevy Equinox and Silverado), but thankfully it is really easy to access the 12V subsystem that is fed by a 1.6kW DC-DC converter from the main 400V battery. That means it is easy to plug in an inverter and take over a kilowatt of power out of the Bolt…. for days.

DIY Solution. I’ve simply alligator-clipped a 1kW continuous/2kW peak inverter onto my Bolt’s 12V lead acid battery to run a refrigerator and internet connectivity in the past. However, I recommend formalizing this setup with something like the purpose-built and fused $180 EV Extend, which actually makes it a lot easier to hook up your inverter and get power out of your Bolt. Assuming a small house/cottage idles below 1kW and doesn’t go over 2kW, the Bolt can keep your house/cottage/campsite powered for over two days. If nothing else, it will keep your fridge and some lights and internet going for upwards of a week.

In the future, all EVs will have a 240V generator port connected to the main battery by a big 10kW inverter. For now, only the Ford F-150 Lightning has this. Tesla is strangely behind here considering they have Powerwalls, solar- and home-switching expertise. Let’s get there!

As we look into 2023

I think big themes of 2023 are going to be Tesla vs. the rest of the market. The Model Y is approaching a 1M cars-per-year run rate which would make it a favorite for 2023 vehicle of the year. That’s an order of magnitude more than the Bolt will sell next year and possibly all of GM, who seem fixated on beating Tesla’s numbers.

But also GM is launching 3 new EVs: Silverado in Spring, Blazer EV in Summer, and Equinox in Fall, so that lineup will be interesting.

There’s a ton more stuff coming as well. I’ve got my eyes on the Kia EV9 3rd row SUV, wondering if they’ll deliver before Rivian’s R1S gets off the ground.

But for now, let’s give the Chevy Bolt its glory. The economy is in some sort of recession/economic downturn and at $25,600, the Chevy Bolt is allowing a much broader swath of the population to get into an EV – and easily get into a great one at that.

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777 hp electric overland concept from Italdesign bows in Beijing [video]

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777 hp electric overland concept from Italdesign bows in Beijing [video]

The all-new, all-electric Italdesign Quintessenza concept is a high-tech Italian take on the Porsche Dakar concept that’s just begging to be put into production.

Making its debut at the Beijing Auto Show, the Italdesign Quintessenza concept embodies both the dynamic prowess of a GT and the versatile adaptability of a pick-up truck. At least, that’s what its makers say. And, if your idea of a pickup truck leans more towards “Subaru Brat” than “Ford F-150 Lightning,” that’s probably right!

The rear section of the Quintessenza converts from a “hatchback” to an open “pickup” bed in true Brat fashion. The rear seats are designed to flip 180-degrees backwards, providing a rear-facing, panoramic “stargazing” mode that promises, “(the) experience and feeling of connection with nature and the outside world.”

Stargazing mode

In its more conventional GT “mode,” the Quintessenza is arguably the best-looking Italdesign concept to come out in years, with vertical lighting elements up front and aggressively-sculpted rear haunches that this writer thinks would be a natural for Audi.

Those design elements aren’t just aesthetic – they’re loaded with electronics. “Two aerodynamic fins that integrate the ADAS systems are present on the upper back of the roof, at the level of the C-pillars,” reads the official release. “They map the surrounding environment when the satellite signal is poor, and offer multifunction lights indicating the car’s driving mode and braking when the hard top is removed.”

Quintessenza vertical elements

So, what kind of vehicle is the Italdesign Quintessenza? Is it a true overland GT, in the style of the Porsche Dakar or 911 SC/RS (the rally car that became the 959)? Is it a high-end spin on the classic Subaru Brat? A futuristic Ute for traversing the Australian outback? Or is it something else entirely?

That’s above our pay grades – but you, dear readers? You guys know what’s up, so check out the official Quintessenza launch video (below), then let us know what you think of Italdesign’s latest in the comments section at the bottom of the page.

Italdesign Quintessenza

DIMENSIONS

  • Length 5561 mm
  • Height 1580 mm
  • Width (front/rear) 2200 mm
  • Wheelbase 3240 mm
  • Front overhang 1003 mm
  • Rear overhang 1318 mm
  • Number of passengers 2+2
  • Body Lightweight Aluminum structure
  • Ground height Adjustable 200-280 mm

POWERTRAIN + PERFORMANCE

  • Battery 150kWh/800V
  • Power 580kW (approx. 777 hp)
  • Range 750 Km (approx. 465 miles)
  • 0-100 Km/h < 3 seconds
  • 1 Electric Drive Unit Front axle
  • 2 InWheel motor rear axles

SOURCE | IMAGES: Italdesign.

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The new Momentum Cito E+ dares you to leave the car at home [Video]

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The new Momentum Cito E+ dares you to leave the car at home [Video]

All the cool suburbanites are already taking their kids to school, loading up at the farmers’ market, and making deliveries on clever and capable cargo e-bikes, but the new Momentum Cito E+ from Giant raises the cargo bike bar even higher — and makes leaving the car at home easier than ever.

Momentum is a new brand of “lifestyle” e-bikes from Giant Group designed to deliver premium features to customers while still hitting that $3,000-4,000 market “sweet spot.” Their latest bike, the all-new for 2024 Cito E+ utility bike, does just that, coming to market with a premium battery, Bluetooth technology, a suite of high-end safety features, and a $3,200 starting price.

Premium battery

Getting the most out of your e-bike often means getting the most out of your battery — and Momentum absolutely gets that. The Cito E+ ships with a 780 Watt-hour Panasonic battery pack with 22700 cells that have been optimized for e-bike use.

Compared to other ebike batteries with similar power ratings, the Momentum’s Panasonic battery promises to be lighter and more durable, with superior IPX7 weather protection, thermal regulation, and other safety features built-in (in fact, Panasonic was the first e-bike supplier to score a UL safety rating for its batteries).

The battery is easily removable for charging at home or in an office, but it can be charged while it’s in the bike, too. Either way, charging won’t take long — from 0 to 80% of charge (approx. 60 miles) of range is available in 3.5 hours, while a full (75 mile) charge takes less than 5 hours.

Connected cargo bike

As our test rider highlights in the video (above), the Momentum Cito E+ uses a proprietary battery management system, or BMS, to monitor the battery pack for maximum efficiency and reliability down to the individual cell level.

The BMS uses Bluetooth connectivity to transfer battery health data, state of charge, and other important information straight to the RideControl app, which enables the bike’s owner to get an in-depth look at the overall state of their e-bike and provides valuable diagnostic data to both the technicians tasked with servicing the bike and Giant themselves, to help develop even better e-bikes in the future.

2024 Giant Group dealership map; via ScrapeHero.

That connection to Giant Group is a huge potential benefit to Momentum Cito E+ buyers, by the way, as it gives them access to support from more than 1,200 brick and mortar Giant dealers across the US alone (above).

That’s a serious advantage that online-only bike brands simply can’t match.

Safety first … and maybe second, too

Momentum’s commitment to safety doesn’t stop at the battery. The Cito E+ features confidence-inspiring 4 piston hydraulic disc brakes and a heavy duty suspension for predictable handling even under heavy loads — important if you have to suddenly haul the bike down from its electronically assisted 28 mph top speed with precious kids and cargo on the back.

LED head and taillights with a lever-activated taillight ensure Cito E+ riders will be seen, too, helping you stay safer after hours.

Accessories and add-ons

Momentum Cito E+ top tube accessory and Momentum front basket shown; image by Electrek.

Momentum’s Cito E+ offers a comprehensive selection of accessories to help optimize it for each rider’s unique use case — whether that’s hauling up to 132 lbs. of cargo on the rear rack and 33 lbs. on the optional front basket (shown, above), or adding 2 Thule Yepp Maxi seats and getting the little ones to school five times a week.

You can find out more about the Momentum Cito E+ and the brand’s available accessories by clicking here.

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‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics

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‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics

Private lives – why hot tech is shying away from IPOs

ARK Invest’s chief futurist lists five groups that should give tech investors an edge.

According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time.

“We believe that this is a unique time in technological economic history,” he told CNBC’s “ETF Edge” this week.

Winton collaborates with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which allows investors to buy into the private technology space.

According to the firm’s website, the goal of the fund is to make venture capital offerings of innovative spaces in the market accessible to individual investors. As of April 10, it shows the fund’s top holdings include Epic Games, known for online video game Fortnite, and biotech companies Freenome and Relation Therapeutics.

“Our emphasis is that we are investing in innovation over the long term and going to support management teams,” said Winton.

He contends it’s a strategy that’s often not prioritized.

“That’s a real challenge a lot of public market investors don’t have that long-term view,” Winton added.

The ARK Venture Fund is down more than 7% so far this year. However, it’s up almost 39% percent over the past 52-weeks.

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