"Since unveiling the Bolt EV three months ago, the name has quickly become associated with Chevrolet," said Chevrolet spokesman Michael Albano in response to a query from Edmunds. "Therefore, we will use the name when the vehicle goes into production. The Bolt EV is a significant statement of Chevrolet's commitment to electrification and the name suits this game-changing electric vehicle designed for attainability, not exclusivity."
The Bolt EV Concept debuted in January at the 2015 Detroit Auto Show.
GM confirmed production of the car in February, but has not yet spelled out a launch timetable, although the car is expected to go on sale in 2017.
The all-new entry will have 200 miles-plus of range and a price tag of around $30,000. Technical specifications have not been released on the production car. It will be available in all 50 states.
GM said the Bolt EV will leverage "the industry-leading battery technology found in the Chevrolet Volt and Spark EV."
Key Bolt EV competitors include the BMW i3, Kia Soul EV, Nissan Leaf and 2017 Tesla Model 3. Tesla confirmed production of the Model 3 last July. Like the Bolt EV, the Model 3 is expected to have a range of at least 200 miles on a single charge.
Edmunds says: The Bolt EV edges ever closer to reality now that it's officially christened. It is shaping up as a real electric solution for people with real commutes.