Also FYI “electric engines” are not a thing.
Also FYI “electric engines” are not a thing.
The Bolt looks like a great car for a dorky family man while the Model S is a totally different market. Families have different needs than luxury car owners, and it's likely that these needs are not being effectively met by EVs such as the Bolt despite the a universal consensus that from car critics that the Bolt is an exceptionally good vehicle.
The Bolt is TINY! Family car? For what? A family of dwarves?
Because the Bolt’s a boring, though electric, compact car being sold at the price significantly above a similarly boring mass-market midsize plug-in hybrid (the Prius Prime) with sufficient all-electric range for reasonable commuting, and also somewhat above that of a competing boring compact all-electric (the Nissan Leaf) while Model S is a luxury mid-size electric vehicle with far less direct competition.
The Bolt is selling into a segment where utility/price is more important, and it's got strong competitors on that dimension. That's not a sign that GM can't make good EVs, but that GM is attacking the harder segment of the market; whether that's a good or bad business decision is debatable, but if EVs are ever more than a luxury niche item, the space the Bolt is competing in is going to matter a lot more than the space the Model S is competing in.
GM should be capitalizing on Tesla's failure to bring the Model 3 out. They could absolutely sell the message of "Why wait 18 months for an affordable electric car when you can drive one TODAY?"
They could devour Model 3 reservations, but for some reason are choosing not to.
The base trim Model 3 and the Bolt are competitors.
Where are the billions of dollars in contracts for batteries? Until I see that or a gigafactory of their own the Bolt will be a compliance car in my eyes. Albeit perhaps the best compliance car on the market at the moment.
Can you see GM making competent electric cars? Yes they can do that all day long. Can they make it sexy?
That begs the question if GM can make any sexy cars. I would say that the Corvette, Camaro ZL-1 and Cadillac CTS-V might be fair examples of what GM is capable of.
So the question is can GM make a sexy mass produced electric car? They haven't tried yet.
I was actually surprised by the Volt, since a lot of my friends and coworkers bought them. Those people generally drove Mazdas, Hondas, and Toyotas.
If Chevy kept working on their eco-friendly image and continued to produce decent enough quality cars that get good consumer reports ratings, they'll probably do fine.