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Electric Vehicles

Energy Department Kills $700 Million in Grants for Battery Manufacturing
AM Briefing

Battery Bust

On Interior’s permitting upset, a nuclear restart milestone, and destroying ‘superpollutants’

AM Briefing

‘Messy’ at Energy

On Detroit layoffs, critical mineral woes, and China hawks vs. cheap energy

Green
AM Briefing

All For Solar

On the cobalt conundrum, Madagascar’s mining mess, and Antarctica’s ‘Greenlandification’

Red
The Department of Energy.

The Firings Begin

On Interior’s denial, ethane exports surge, and Spain’s grid fears

Red
Solar panels.

Solar Megaproject Goes Dark

On the Chevy Bolt’s return, China’s rare earth crackdown, and Nestle’s spoiled climate push

Blue
Electric Vehicles

The Chevy Bolt Is the Cheap EV We’ve Needed All Along

It’s not perfect, but pretty soon, it’ll be available for under $30,000.

The Chevy Bolt.
<p>Heatmap Illustration/Chevrolet, Getty Images</p>

Here’s what you need to know about the rejuvenated Chevrolet Bolt: It’s back, it’s better, and it starts at under $30,000.

Although the revived 2027 Bolt doesn’t officially hit the market until January 2026, GM revealed the new version of the iconic affordable EV at a Wednesday evening event at the Universal Studios backlot in Los Angeles. The assembled Bolt owners and media members drove the new cars past Amity Island from Jaws and around the Old West and New York sets that have served as the backdrops of so many television shows and movies. It was star treatment for a car that, like its predecessor, isn’t the fanciest EV around. But given the giveaway patches that read “Chevy Bolt: Back by popular demand,” it’s clear that GM heard the cries of people who missed having the plucky electric hatchback on the market.

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Electric Vehicles

Tesla’s New EVs Are Worse, But Cheaper. That’s the Point.

With the federal electric vehicle tax credit now gone, automakers like Ford and Hyundai have to find other ways to make their electric cars affordable.

White bread, a t-shirt, and a basic Tesla.
<p>Heatmap Illustration/Getty Images, Tesla</p>

We finally know what Tesla means by an “affordable” electric vehicle. On Tuesday, the electric automaker revealed the stripped-down, less-fancy “Standard” version of its best-selling Model Y crossover and Model 3 sedan. These EVs will sell for several thousand dollars less than the existing versions, which are now rebranded as “Premium.”

These slightly cheaper Ys and 3s aren’t exactly the $25,000 baby Tesla that many fans and investors have anticipated for years. But the announcement is an indication of where the electric vehicle market in the United States may be headed now that the $7,500 federal tax credit for purchasing an EV is dead and gone. Automakers have spent the past few months rejiggering their lineups and slashing prices as much as they can to make sure sales don’t crater without the federal incentive.

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