Deep price cut leads electric 2022 Chevy Bolt EUV’s recovery from devastating recall

Chevrolet cut the 2022 Chevrolet Bolt EUV electric vehicle's price $6,300.

Back from an embarrassing production halt due to faulty batteries, the 2022 and 2023 Chevrolet Bolt EUV and Bolt make a strong case for being the best affordable electric vehicle on the market.

Deep price cuts and appealing features including up to 252 miles on a fully charged battery make them attractive alternatives to flashier, more expensive EVs like the Cadillac Lyriq and Ford F-150 Lightning and Rivian R1T.

GM reduced the sticker prices of a Bolt small car $5,900 and cut the slightly larger SUV-style Bolt EUV by $6,300. The new prices will be reflected on the sticker on 2023 models, but the same discount comes off the price of the remaining 2022s.

And, unlike EVs that brag about monthslong waiting lists like keeping the customer waiting is a good thing, you can probably walk out of a dealership with either today. Cox Automotive estimates Chevy has a four-month supply of Bolt EUVs and nearly two months of the smaller Bolts on hand.

That makes either Bolt a good entrée to EVs for people who don’t want to pay a premium for the latest battery technology.

The Bolt was a sensation when it debuted as a 2017 model, sweeping major awards including North American Car of the Year and Free Press Car of the Year. The Bolt EUV, which is a bit bigger and styled to look like a small SUV — it doesn’t offer all-wheel drive, though — debuted in 2021. It was the first Chevy to offer General Motors’ revolutionary Super Cruise hands-free highway driving assistant. It’s still the least expensive vehicle with the system by a wide margin.

Chevrolet cut the 2022 Chevrolet Bolt EUV electric vehicle's price $6,300.

More: Cadillac’s enhanced Super Cruise is just that. Super.

More: 2023 Cadillac Lyriq EV is the answer to some questions, leaves others open

More:Chevrolet Bolt EV to disappear from lineup as new technology rolls out

How much?

The Bolt looks like just another compact small hatchback, a couple of inches shorter than a Kia Soul, but with less character.

That’s largely why Chevy developed the Bolt EUV: It needed an electric vehicle with a little visual pizzazz to boost sales. The EUV is visually distinctive — 6.3 inches longer, fractionally wider and taller, with styling tweaks that make it look more substantial and increase passenger space.

Prices for the 2023 Bolt and Bolt EUV start at $25,600 and $27,200, respectively. All prices exclude destination charge.

Chevrolet cut the 2022 Chevrolet Bolt EUV electric vehicle's price $6,300.

All Bolts come with a 65 kwh lithium-ion battery. A 200-hp electric motor drives the front wheels. Starting with the 2022 model year, all Bolts can accept DC fast charging in addition to the original model’s 240-volt capability.

The Bolt has an EPA estimated range of 252 miles on a full charge. The EUV rates 247 miles.

A full charge at 240v takes about seven hours, perfect for overnight charging at home, the way the Department of Energy estimates more than 80% of EV charging happens.