GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., is set to begin taking preorders for the Chevrolet Bolt electric vehicle (EV) this month, an informed source said Saturday.
"The company is currently scheduled to begin taking preorders before the end of March," the source told Yonhap News Agency, asking not to be identified.
The source said the carmaker has yet to decide when its first full electric vehicle will officially be launched here but noted the upcoming Seoul Motor Show could be a "good venue."
The annual motor show is set to be held March 31-April 9 at KINTEX in Goyang, just north of Seoul.
GM Korea earlier said the Bolt EV has a driving range of over 380 kilometers on a full recharge, the longest range for full electric cars currently available.
Calling the vehicle a "game changer," GM Korea President James Kim earlier said the car will be launched here in the first half of 2017.
The informed source here said the local price of the Bolt EV has yet to be set, but that it will likely fall in the range of 40 million won to 50 million won (US$34,700-$43,400), noting the car is sold for around $30,000 in the United States after various government incentives for electric cars worth about $7,500.
Its consumer price here, after deducting various incentives from the local government, will likely come to around 20 million to 30 million won, the source said. (Yohap)