As another quarter draws to a close, all eyes are once again on Tesla sales. As bears and bulls alike try to pick the bones out of the company’s latest financials, will it be another record quarter or could waning demand for Tesla’s high-end models remain a drag factor?
As for General Motors, unless anything remarkable occurs, the automaker’s electric sales will simply be recorded alongside those of their non-Tesla competitors and the media will move on. Very few headlines, very little fanfare.
That’s because the Chevy Bolt EV has sold steadily, if unspectacularly, over its three years on the market. Sales rarely exceed the low thousands every month, but the car remains competitive in its class even as prices fluctuate, new models emerge, and incentives phase out.
Against that backdrop, how will the 2020 Chevy Bolt EV fare when it has to go head-to-head with the Tesla Model Y next year?
Tesla Model Y is a More Direct Competitor for the Chevy Bolt EV
Any comparison of the two first affordable long-range electric vehicles, the 2017 Chevy Bolt EV and Tesla Model 3, is complicated by several factors.
In addition to the Bolt EV being available for more than a year longer than the Model 3, the latter is also a different style of vehicle that is competing on many different fronts. Yes, it has a version that starts at a similar base price to the Bolt EV and the two match each other’s range at that level, but the cars head in different directions from there.