TANGERANG, INDONESIA – NOVEMBER 12: Nissan Leaf electric car displayed during the GAIKINDO Indonesia International Auto Show (GIIAS) at Indonesia Convention Exhibition on the outskirt of Jakarta, Tangerang, Indonesia on November 12, 2021. This first auto exhibition during pandemic COVID-19 organized by the Association of Indonesian Automotive Industries GAIKINDO open for the public from 12 to 21 November and joined by more than 300 brands in the supporting industries and highlighted around 150 new vehicles. (Photo by Anton Raharjo/Anadolu Agency via Getty Images)
Also on the con side for the Nissan Leaf is that it only has 149 miles of range (EPA rated), whereas the cheapest Bolt EV has GM-estimated 259 miles. A buyer needs to step up to the Nissan Leaf S Plus to get 226 miles of range (EPA rated), but that model starts at $32,400.
The big point here is GM is doing what it can to bring an affordable, mass market EV option with decent electric range to middle-class buyers who want to go electric. This is a part of the market with a dearth of options, with only the Nissan Leaf S Plus as its only competitor, though Fisker (FSR) is promising that its Ocean EV SUV will start under $40,000 when it arrives sometime next year.
If the country is to hit the White House’s goal of having 50% of vehicle sales be all-electric by 2030, U.S. buyers will need many more cheaper EV options.
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Pras Subramanian is a senior autos reporter for Yahoo Finance. You can follow him on Twitter and on Instagram.
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