Chevrolet sets the starting MSRP of the 2017 Bolt, its subcompact EV with a range of over 200 miles on a charge, at $37,495.

2017 Chevrolet Bolt EV front 3/4 view

2017 Chevrolet Bolt pricing

The General's Bowtie division has finally released pricing details on its long-awaited subcompact electric vehicle, the Bolt. As the car maker promised at the model's introduction earlier this year at the North American International Auto Show in Detroit and given its EPA-estimated range, it will be surprisingly affordable for buyers – at least for the first ones that qualify for the maximum federal tax credit.

2017 Chevrolet Bolt EV rear 3/4 view

"Value is a hallmark for Chevrolet and the pricing of the Bolt EV proves we're serious about delivering the first affordable EV with plenty of range for our customers," said Alan Batey, president of GM North America and leader of Global Chevrolet. "We have kept our promise yet again, first on range and now on price."

2017 Chevrolet Bolt EV dashboard

Including the ever-present destination charge, the 2017 Bolt will have a base Manufacturer's Suggested Retail Price (MSRP) of $37,495. For buyers who qualify for the maximum federal tax credit of $7,500, this puts the net price of the least expensive Bolt at a comparably affordable $29,995. It's also extremely competitive for an electric vehicle with an EPA-rated 238 miles on a full charge.

2017 Chevrolet Bolt EV console detail

Chevrolet Bolt trim levels

The least expensive trim level, the LT, comes standard with such niceties as Chevy's "Regen on Demand" steering wheel paddle-controlled braking system, rear view camera and a 10.2-inch touchscreen infotainment system. In addition, according to Chevrolet "in certain circumstances" Michelin self-sealing tires will also be included with this model.

2017 Chevrolet Bolt EV rear seat detail

Top-trim Premier models will come with all that as well as leather-trimmed and heated seats, a rear camera mirror and surround camera.

Chevrolet has set up two web sites for additional information. Customers wishing additional information on electric vehicles can visit www.ChevyEVlife.com. Those looking for more information on the Bolt, itself, can find it at www.Chevrolet.com/bolt.

The 2017 Bolt EV will, according to the press release, be available at "select" Chevrolet dealers late this year.

2017 Chevrolet Bolt EV rear fascia