So, the latest all-new electric vehicle that's making a helluva stink is the all-new Tesla Model 3. Clearly, interest remains strong as it has generated well into the six figures of hand raisers. Now the questions remains whether Tesla can actally produce that many vehicles.
While we know that the all-new General Motors, Chevrolet Bolt will be hitting the market sooner, one thing that remains a question is whether or not the product will be adored or abandoned.
You see, it may be adored because consumers looking for their electric vehicle fix may turn to the Bolt after realizing their Model 3 may take years to be delivered. But, it may be abandoned because in-market consumers that really know what they want may just hold out for what is perceived as a better all-around product.
The Bolt is expected to hit showrooms in late 2016 with widespread availability in early 2017. The Model 3 has been slated for a late 2017 release; however, given that Tesla is never on time we think 2018 is more realistic. Compound the factthat only so many units can be built, we think 2019 is when more than 50 percent of the Model 3 handraisers will receive their products.
So, IS this analyst insane or what?
...Which is perhaps why one analyst is predicting that the 2017 Chevrolet Bolt EV, General Motor’s first long-distance, affordable, five-seat electric car, will sell between 30,000 and 80,000 units in its first year of production. That’s the kind of volume which would move Chevrolet’s electric car efforts from being a niche-market also ran on GM’s monthly sales charts to being a meaningful, tangible proportion of GM’s overall output...
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