Tesla Model 3, Chevy Bolt And Nissan Leaf: Not All Are Equal

Bill Lobner profile picture
Bill Lobner


  • Recent news of the jointly-developed Chevy Bolt by GM and LG has brought affordable long-range EVs back into the discussion.
  • While the release of these three electric vehicles will be good news for consumers and the environment there is reason to be concerned.
  • Each of these vehicles uses a different DC fast charging standard that may lead to network fragmentation and possibly confusion among consumers.
  • For this reason, the vehicle with the most robust DC fast charging technology will have a strong advantage when these vehicles reach the mass market.


The news of General Motors (GM) jointly developing the Chevy Bolt with LG this week has brought the discussion of affordable, long-range EVs back to the attention of the national media and general public. LG Chem (OTCPK:LGCLF) (OTC:LGCEY) and LG Electronics (OTC:LGEAF) will supply many key components, including the battery cells and pack, GM-designed electric motor, power inverter, onboard charger and electric compressor for climate control among other critical components.

LG's involvement isn't a surprise, but the degree of their involvement is. One could argue that LG has just as much say in the Bolt as Chevy. This news is great for consumers who have been waiting for the first truly affordable, long-range EV. However, not everything is peachy for the future of the EV market.

Everyone Wins

The advent of affordable, long-range EVs on the market is a win for consumers and the environment. These vehicles will all likely have a range of 200 miles and cost less than $40,000. Consumers will love these EVs due to lower operating costs and the green credentials of having an EV. Even those who choose not to purchase EVs will benefit from better air quality in areas of high EV density. Now I know that everyone loves to point out that EVs are only as clean as the electric grid that charges them, but the grid is getting cleaner. In addition, in a large part of the country, EVs are already cleaner than pure gasoline powered vehicles could ever hope to be (see page 12 for map of US).

Starting in late 2017 and early 2018, consumers will have the choice of three, affordable, long-range EVs and possibly more if you count the BMW (BAMXY) i3 and/or Volkswagen (VLKAY) e-Golf. In fact, the CEO of BMW stated Thursday that the i3

This article was written by

Bill Lobner profile picture
I have a degree in Environmental Science from the University of Wisconsin Green Bay and am completing the Environmental Science and Policy Master's program at UWGB. I have work experience in paper, wastewater and healthcare industries as an environmental / energy consultant. However, my true passion is with renewable energy, electric vehicles and sustainability.

Disclosure: I am/we are long TSLA. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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