Report: Chevy Bolt to begin production in late 2016

• General Motors (NYSE:GM) plans to begin building the Chevrolet Bolt, its all-new $30K electric car, in October 2016 at an underused small-car plant north of Detroit, Reuters reports quoting two supplier sources.
• GM's production target for the Bolt is relatively modest, at about 25K-30K cars a year, they added,
• The Bolt is expected to go on sale in early 2017 and will have a driving range of more than 200 miles.
• Previously: An electric Bolt from GM (Jan. 10 2015)