General Motors is ramping up production of Chevrolet Bolt electric cars at a factory north of Detroit and is on track to start delivering vehicles as promised by the end of the year, company officials said on Friday.
Barring a last-minute stumble, GM will be first to offer an electric car with more than 200 miles of driving range at a starting price of less than $40,000 before tax credits. Silicon Valley electric car maker Tesla has said its entry in this new market segment, the Model 3, will launch next year.