General Motors Co. (GM) says that the Chevy Bolt will be going into production at the Orion Assembly facility near Detroit. GM didn’t specify exactly when the Bolt will be built, but the automaker's North America President Alan Batey says in a statement, "We are moving quickly because of its potential to completely shake up the status quo for electric vehicles.”

GM plans to sell the electric vehicle, which claims a 200-mile range, for around $30,000. The vehicle allows for driving mode selection and accommodates direct-current charging.

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