NEW YORK (TheStreet) -- General Motors (GM) - Get Report wants to be the first car maker to produce an electric car that has a longer range and lower price than what is available.

Executive Vice President Alan Batey said feedback was "phenomenal" on the Bolt EV which debuted at the Detroit auto show last month. He boasted of its "stunning design" and said it hits the "sweet spot" on price and driving range.

Batey said the vehicle will sell for about $30,000 and have a driving range of 200 miles. That's less expensive and adds about 100 miles to the range of other electric vehicles. The extra miles offsets some electric vehicle buyers' range anxiety, he said.

The GM executive said he couldn't compare the Bolt to the Tesla (TSLA) - Get Report Model 3 coming down the pike, but admitted Tesla's a great competitor.

The price and range of the Bolt set it apart, Batey noted, but it's part of the wide range of General Motors' stable of vehicles, from the mini-car to heavy-duty trucks.

-- Written by Anthony Buccino in New York