Chevy hopes to achieve huge success with the Bolt. The EV has a $30,000 starting price after the $7,500 federal tax credit and 320 km (200-mile) range from a 60 kWh battery pack. Those numbers put the Bolt squarely in the sights of people looking for a moderately priced electric car with a reasonable driving range. Much of the Tesla Model 3’s pre-order success has been attributed to those same factors.
The list of Bolt components supplied by LG defines the car’s performance and most of its user experience. LG is producing the electric drive motor, power inverter module, battery pack, battery heater, onboard charger, high-power distribution module, accessory power module, and power line communication module. The South Korean company is also making the electric climate control system compressor, the instrument cluster, and the infotainment system.
That full inventory of parts will be transported to Michigan where they will be used to make Bolts in GM’s Orion Charter Township assembly plant. With the LG parts on hand, full production starts in October. Finished Bolts will be rolling off car carriers onto dealership lots shortly after production starts.