DETROIT, Jan. 10 (UPI) -- General Motors will be showing off the concept for the Chevrolet Bolt at the Detroit auto show on Monday.
The company plans to debut the electric car as a competitor for Tesla's Model 3, both of which are scheduled to arrive in 2017, according to The Wall Street Journal. Tesla announced the Model 3 in July of 2014 as a more affordable version of what they currently offer, only costing $35,000. The new Chevrolet Bolt would cost less than that, at $30,000.