If the US Treasury’s guidance is accepted, the $7,500 credit will be split in two. Whether a car qualifies for one-half or both will depend on the percentage of critical minerals or components for batteries sourced from the US and North America.
For now, though, and for qualifying buyers, that brings the price regular Bolt’s price down to $19,095 and the Bolt EUV down to $22,295. The Nissan Leaf, if customers qualify for the full $7,500 credit, comes in at $21,635.
It’s worth bearing in mind that Chevrolet has a slew of new EVs on the way, many of which will match their ICE-powered counterparts on price. For now, the Bolt lives on a little longer as America’s most affordable EV, but that may change in the not-too-distant future.