How the Chevy Bolt EV Compares to the Tesla Model 3

Chevy Bolt vs. Tesla Model 3

Tesla made a huge splash in the electric vehicle market when it released the Model S. Not only did it blow the average electric range out of the water, but it also created a car that was stylish and luxurious. Up until then, most hybrid or electric vehicles were relatively modest looking or even a little strange-looking.

If the Model S had a flaw, it was its $70,000 to $80,000 price tag. That was a whole lot of cash even for a luxury car.

Those looking for a more environmentally friendly car had to either pay up or they had to settle for something with a lower range.

Now, the Chevy Bolt EV has come along with promises to change all that. Though you won’t be able to find this car yet when you are shopping for a Chevrolet in Albany, NY, you should be able to pick up a model late next year (if you can find one, that is).

The Chevy Bolt EV has gotten a lot of press in anticipation of its release, and in response, Tesla has created a new electric vehicle that is meant to be in the same class: The Model 3.

Here’s what you need to know about how the Chevy Bolt EV compares to the Tesla Model 3:

Range

The biggest question on everyone’s mind when it comes to electric vehicles is the range. Tesla’s Model S made such an impact because it delivered up to 265 miles on a single charge compared to only about 80 miles offered by other models that were on the market.

Chevy designed the Bolt to get a staggering 200 miles between charges. While it may not have topped the Model S, it blew away other models on the market and it overdelivered for expectations in its class. The battery not only has a longer range but it also charges much more quickly. Drivers can charge the battery to 80 percent in less than 45 minutes.

Tesla has not announced many details about the upcoming Model 3, but we do know the company plans to match the Bolt’s range at 200 miles exactly. Again, it may seem that it is undercutting its own benchmark, but the car is not meant to be in the same high-end luxury market as the Model S. For a more modestly priced vehicle, that 200-mile range is phenomenal.

Price

Besides the range, the next question that most people have about electric car is their price. This is where the Chevy Bolt really turned heads when details began leaking. Not only will it be offering a huge electric range, but it will also have a low price. Estimates put the sales price around $37,000, but officials note that the actual out-of-pocket cost will be much lower since buyers will qualify for tax credits. The ultimate price is expected to settle around $30,000.

Tesla plans to match that pricing with its Model 3. Again, no specific numbers have been released, but officials say it will be priced in the same range as the Chevy Bolt.

The news is welcome relief to those who were enamored with the Model S but couldn’t justify the huge price tag. Now budget-conscious consumers have not one but two excellent choices for a more affordable electric vehicle.

Features

We’ve gotten a preview of the Chevy Bolt at the New York Auto Show earlier this spring, but we haven’t been given a chance to get a peak at the Model 3.

The Chevy Bolt is a sporty hatchback with four doors and a sunroof that runs the length of the roof. The rear window also wraps around to let in even more light. The open views combined with the bright orange color (just one color option) makes for a bright and sunny look that is cheery and inviting.

Though this isn’t a luxury car, you might fooled when you take a look inside. The futuristic dash appears to be one smooth, streamlined piece with a touch screen right in the center. There are only a few buttons on the dash, and they blend seamlessly with the background. Otherwise, the touch screen is the main focus — kind of like your own personalized command center. A separate LED screen is positioned right over the steering wheel to display information like speed, RPMs, fuel levels and more.

Since the car doesn’t have a traditional drive train, it has eliminated a lot of the mechanics below the floor board. As a result, it has a “flat floor” that opens up more space. There is a center console that appears to float in place. Passengers also have a lot more leg room, providing a comfortable ride even on long distances.

Lightweight materials are used throughout the Bolt to make it more efficient and to boost performance. The aluminum wheels also have clear inserts between the spokes to reduce drag (and to create a unique look).

Release Date

An exact release date for either vehicle is currently unavailable. Tesla is prepping its Model X SUV for release in early 2016, so it’s unlikely the Model 3 will beat the Bolt to launch. Elon Musk has stated that Tesla plans to unveil the Model 3 in March 2016.

With the Bolt set for production in late 2016 in order to secure a 2017 model year release, Chevy is in a prime position to offer the first affordable (and widely available) long-range EV.

Either way, we can’t wait to get behind the wheel of the new Chevy Bolt and to see how it handles for ourselves.

In the meantime, if you are looking for a Chevrolet in Albany, NY, DePaula Chevrolet invites you to visit our lot and take a test drive of other quality Chevy models, including the current Volt, which is another eco-friendly option. You can also get more information about the Bolt from one of our knowledgeable associates, and we’d be happy to notify you as soon as we have more details or a firm release date.