General Motors Targets Tesla's Model S

General Motors executive Dan Nicholson has claimed that Chevy Bolt EV will be sold earlier than Model 3

In just 7 days, Tesla Motors was able to secure over 325,000 reservations for its recently launched Model 3, a famous tally which surpassed expectations and even gave a surprise to CEO Elon Musk. But due to the very competitive nature of the automotive industry, an executive of General Motors Dan Nicholson could not resist his urge to target the mass-market electric vehicle of Tesla during a late engagement.

Notably, General Motors via Chevrolet, has high expectations for its own affordable electric vehicle, the Chevy Bolt electric vehicle. Launched previously in 2016, the price of the vehicle is compared to that of Model 3( $ 37,500 vs $35,000) and supports a range of 200 miles.

Now, the Bolt electric vehicle might not have some whistles and bells that will probably be a part of Model 3, but it will hit the vehicle market certainly very soon, a point used by Dan to jab the California based organization’s way.

Official of GM, Dan Nicholson, stated the Chevrolet Bolt EV will be offered for sale long time before the Model 3 of Tesla- a vehicle that been much more famous.

Practically, it is a just point. The Bolt electric vehicle provides what’s needed: it is affordable for famous purchasers and has a Tesla-level range. What’s more, the snide remark by Dan regarding the Model 3 not being offered until 2018 is not off the mark.

From the Model S and Roadster to the newly launched Model X, each Tesla automobile ever released has been introduced in the market later than what Musk has initially pledged.

For what is worth it, the automaker has claimed that it has learned from its previous mistakes, though it continues to be seen if the organization can really launch its Model 3 on its launch date in late 2017.

The large question, though, is even if matters. There is too much excitement and hype regarding the Model 3 it is difficult to imagine that any rival’s EV could really dent the armor of Musk’s organization

One many even state that the only factor that can now stop Tesla is any product delays resulted by the mishandling of production.

Lastly, it’s quite worthy to note that the company had only kind words to talk regarding Bolt EV after it was unveiled in Jan 2016. Of course, it is not difficult to welcome rivalry with open arms when one is at the topmost end of the supply chain.

As per reports by Auto blog, after the demand for Model 3 has reached huge numbers, the company now needs to get the “ supply side” in its favor at  its huge Giga factory in Nevada. The automaker might be trying to broaden its supplies required to boost up manufacturing of lithium-ion batteries for its affordable car.

Specifically, the company might be taking offers from mining organizations Bacanora Minerals Limited and Pure Energy Minerals Limited.