Will Trump's Loosened Environmental Laws Hurt Sales of the Chevy Bolt EV?
As President Trump's administration prepares to relax environmental regulations, GM plans to ramp up sales of its electric vehicle, the Chevy Bolt EV.
General Motors (GM) - Get Report will be distributing its electric vehicle -- the Chevy Bolt EV -- in all 50 states by this summer. But GM hopes to ramp up sales of its battery-powered car just as President Trump's administration prepares to relax environmental regulations.
The Bolt EV has a range of 238 miles on a single charge. It is currently available mainly in California markets, where demand is high. The vehicle is priced at just under $30,000 after a $7,500 federal tax credit.
Despite changes in Washington, the Bolt EV could be the first electric vehicle to tempt a substantial number of buyers.
