The 2027 Chevrolet Bolt Arrives at $28,995, the Cheapest EV on the U.S. Market

The 2027 Chevrolet Bolt is priced at $28,995 including destination fees, which makes it the cheapest EV on the American market, according to Engadget's review of the vehicle, published on 11 November 2026. Engadget describes the Bolt as back as a low-cost EV.

The LT trim carries a 65-kilowatt-hour lithium iron phosphate (LFP) battery pack, which Engadget reports provides an EPA-estimated 262 miles of range. LFP is a battery chemistry that stores less energy per kilogram than many nickel-based alternatives, but it costs less per kilowatt-hour and tolerates a more forgiving charge profile. Those trade-offs are a large part of how a pack of this size can sit at this price.

Propulsion comes from a single motor driving the front wheels, rated at 210 horsepower and 169 pound-feet of torque.

The Bolt uses a NACS (North American Charging Standard) port, the connector design Tesla popularized, with Supercharger support. Chevrolet states that its EVs have access to more than 250,000 public chargers across the U.S., Canada and North America, and that its charging network includes Tesla Superchargers compatible with standard NACS charge ports. Because the port is native, the Bolt does not need an adapter to reach the Supercharger network. That was a practical hurdle for earlier non-Tesla models built around the CCS connector.

Packaging is a strength of the hatchback body. Engadget reports 56.3 cubic feet of cargo space with the rear seats folded and 16.2 cubic feet with the seats up. For a compact crossover-style footprint, those figures put the Bolt in the range buyers would expect from a utility-oriented hatch.

The configuration is simple. Engadget reports that the only option is the $995 Comfort Package, which adds heated front seats and a heated steering wheel. Chevrolet's EV pages also highlight Regen on Demand and One Pedal Driving. Regenerative braking recovers energy that would otherwise be lost as heat when slowing down and feeds it back into the battery. With these features enabled, most low-speed stops can be managed with the accelerator alone.

Chevrolet states that it covers the EV battery for 8 years or 100,000 miles, and that it will cover the first routine maintenance visit for its EVs. Those terms set the baseline against which ownership costs will be judged over the life of the vehicle.

In my view, the sticker price is the easy part of the comparison. The harder question is total cost of ownership across the battery warranty term. That depends on charging habits, local electricity rates and how often a driver relies on fast charging. The vehicle's specifications do not fix any of those variables, and buyers will weigh them differently.

The broader context here is that a sub-$30,000 EV with a native NACS port, an LFP pack and front-wheel drive is a different proposition from the premium-priced electric vehicles that dominated early headlines. Whether that proposition finds volume will depend on how the Bolt performs for ordinary owners over several winters. Still, an affordable electric hatchback with access to a large fast-charging network widens the set of households that can seriously consider battery power for their next car, which is the outcome the price point is designed to reach.