Chevy Bolt EV coming in 2017 with 200-mile range

Chevy Bolt concept to be shown Monday at Detroit auto show

General Motors will unveil an all-electric concept car at the Detroit auto show Monday that has a 200-mile range and Tesla in its competitive crosshairs.

The Chevrolet Bolt could hit the market in 2017, people familiar with the plans confirm. The Bolt complements a lineup that already includes the Chevrolet Volt. The second-generation 2016 Volt will also be shown Monday at the North American International Auto Show.

The Bolt would be priced in the $30,000 to $35,000 range after incentives, including a $7,500 federal tax credit, sources say, confirming details first reported Friday night by the Wall Street Journal.

GM was trying to keep the news secret until the reveal Monday morning.

The Bolt electric vehicle is larger than the Volt and shares its hatchback body style. Batteries from LG Chem would give the car a range of 200 miles on a single charge. The powertrain would be derived from the one in the tiny Spark EV that is sold in California and Oregon.

GM spokesman Terry Rhadigan said the automaker has no comment on future products.