GM is making a $30,000 electric car called the Chevrolet Bolt

General Motors will take the wraps off its answer to Tesla’s forthcoming electric car at Detroit’s North American International Auto Show next week, according to several reports. Citing sources, The Wall Street Journal says GM will announce a fully electric model called the Bolt, which will have a 200 mile range and a price tag of $ 30,000 when it debuts in 2017. The Journal says the concept car will be a hatchback akin to a crossover vehicle, and continue to exist alongside the Volt — Chevy’s hybrid gasoline-electric — which itself is due for a sprucing up this year. Chevy already teased a next-generation version of the Volt back in August with nothing more than a sumptuous shot of a trunk lid.

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