The Korea Herald

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GM mulls rolling out Chevrolet Bolt EV in Korea

By 안성미

Published : Sept. 23, 2016 - 10:51

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[THE INVESTOR] US automaker General Motors is considering to launch Chevrolet’s electric vehicle Bolt in South Korea, the company’s chief marketing officer said.

“We will actively consider releasing Bolt in Korea, which can go 383 kilometers per charge,” Tim Mahoney, the CMO of Global Chevrolet told local news outlets on Sept. 21 during his visit to Seoul.

However, the automaker’s Korean unit said nothing has been confirmed about the plans as yet. 
GM's full-electric Chevrolet Bolt GM's full-electric Chevrolet Bolt

“Chevrolet will do its best to create an electric vehicle ecosystem in Korea,” Mahoney said. “This year, we will form an agreement with a Korean firm that operates EV charging stations to build charging infrastructure here.”

Bolt, which is slated for US release in the second half of this year, boasts longer mileage per charge, in comparison to its competitors. Hyndai Motor’s EV Ioniq runs 191 kilometers on a single charge while Tesla’s Model 3 runs up to 346 kilometers.

The marketing head said Bolt’s pricing is compatible, at around US$30,000, with the government’s subsidy, in the US.

The CMO forecast global automakers will actively jump into car-sharing services in coming years, adding GM has recently launched a service called Maven.

By Ahn Sung-mi (sahn@heraldcorp.com)