2027 Chevy Bolt: Cheapest New EV at Under $30K

Good news for anyone who thought electric vehicles were still too expensive: Chevrolet is bringing back the Bolt at under $30,000, making it the most affordable new EV you can buy.

The 2027 Chevrolet Bolt LT starts at just $29,990 and delivers 262 miles of range on a single charge. That's a slight improvement over the previous generation, which managed 255 miles, but the real story is what you get for that budget-friendly price.

Compare it to the competition and the value becomes clear. The 2026 Nissan Leaf S Plus starts at $31,485, while the tiny Fiat 500e costs $32,495 and only goes 149 miles per charge. The Bolt manages to undercut them both while offering more practicality as a compact SUV.

Beyond the price tag, this new Bolt comes with a game-changing upgrade that the previous generation never had. It's the first Chevrolet to use the NACS charging port, which means it can plug directly into Tesla's massive Supercharger network without needing an adapter.

Charging speed got a major boost too. The new Bolt accepts up to 150 kilowatts of power at DC fast chargers, compared to just 50 kilowatts before. That cuts charging time dramatically, going from 10 to 80 percent in just 25 minutes instead of the 40 to 75 minutes owners used to wait.

The Bright Side

This isn't just good news for budget-conscious car shoppers. Making electric vehicles more affordable and easier to charge removes two of the biggest barriers people face when considering the switch from gas to electric. When EVs become accessible to more families, it helps reduce emissions while saving drivers money on fuel and maintenance.

The Bolt achieves all this with a 65-kilowatt-hour battery pack, which is smaller than competitors but proves you don't need massive battery capacity to deliver practical range. Smart engineering can make electric transportation work for everyday drivers without breaking the bank.

Right now, if you want a new electric vehicle for under $30,000, the 2027 Bolt is your only option. Other affordable EVs like the Slate Truck and Ford's Universal EV platform vehicles are still in development. The Bolt is here now, ready to deliver electric driving to anyone with a modest budget.

For thousands of families who want to go electric but thought they couldn't afford it, that under-30K price tag just opened a door that was previously closed.