--- title: "The Chevy Bolt Just Became Cheapest EV in US With 255 Miles of Range for $29K: TDS" date: "2025-10-09" modified: "2025-10-09" authors: - name: "Joel Feder" job_title: "Director of Content and Product" link: "https://www.thedrive.com/authors/joel-feder" url: "https://www.thedrive.com/news/the-chevy-bolt-just-became-cheapest-ev-in-us-with-255-miles-of-range-for-29k-tds" categories: - "News" - "The Downshift" --- # The Chevy Bolt Just Became Cheapest EV in US With 255 Miles of Range for $29K: TDS ![2027 Chevrolet Bolt hero]() Good morning and welcome to *The Downshift*, or *TDS* for short. Light, tight, and right, *TDS* gathers all the latest automotive news from around the globe and puts it in one place. Stories are summarized in a single, sometimes long, sentence accompanied by a link for those seeking more information. The first cup of coffee is gone and I'm definitely ready for a second, so let's get into it. 🚘 What I’m driving: Still in the 2026 Ram 1500 Big Horn and have to say the standard "GT exhaust" paired with the return of the Hemi V8 is loud and bordering on obnoxious, especially with the automatic start-stop while in the school pick up line waiting for the kids. πŸ”‹ The [2027 Chevrolet Bolt debuted]() with less fan fare than deserved, as the updated EV will arrive next year and instantly become the least expensive EV in the U.S. with a starting price of $28,995 paired with 255 miles of range. 🏭 Ineos is now looking for a site to move production of the Grenadier SUV to the U.S. as quickly as possible [according to its CEO]() citing tariffs as a key issue for profitability. πŸ€‘ Turns out Elon Musk's record pay package [will possibly pay him tens of billions of dollars]() without requiring the CEO to meet most of the original package targets, which the automaker's board assured investors would not be the case. πŸ’Έ General Motors [walked back its plans to extend last-minute EV tax credits]() and it all might be due to political blowback from a Republican Senator who is a former car dealer and is still active in auto policy. 🌾 Tesla will now sell Model 3 owners in the U.S. [a steering wheel stalk for $595]() as a retrofit for the item the automaker removed from the car. πŸ›œ Rivian CEO RJ Scaringe said the automaker hasn't ruled out [the use of lidar in future models]() as part of an advanced sensor array for vehicle safety and autonomy systems. *Have feedback on the formatting of TDS? Send us a note: tips@thedrive.com* ## Author Overseeing what you see, read, touch, hear, and interact with from the vast lakes of Minnesota, Joel Feder shapes how The Drive looks and operates as the head of content and product initiatives. On a daily basis, Joel leads the newsroom and editorial staff playing point on both short-term coverage and long-term strategic plans. His mission is to help ensure The Drive shapes the future of automotive media by helping the team execute original reporting, breaking news, and exclusive opportunities. Regarded as an industry insider and recognized by colleagues, fellow journalists, and manufacturers as a point-person and leader in the industry, Joel owns and runs the largest automotive professionals group on Facebook in an effort to serve and help others. Joel serves as a juror for the World Car Awards. In addition, he is the board chair and chair of the governance and nominating committee for Move Forward MN, a local non-profit that helps at-risk youth with barrier-free mental health and housing services. While you’re reading this he’s either on his computer or iPhone chasing the latest news or drafting a story. ### Author social links [Instagram]() [LinkedIn]() [Bluesky]() [Email]()