If you’re in the market for an electric car, especially with the current gas prices, you may want to check out the 2023 Chevy Bolt. The Bolt has received a nice price cut, which now means it starts in the mid-$20k range.

2023 Bolt EUV

CarsDirect is reporting that pricing for the 2023 Chevy Bolt now starts at $26,595, which is a $5,900 price cut from the 2022 model. The Bolt EUV also gets a big price cut with a starting price at $28,195, which is $6,900 cheaper than before.

The Bolt is not eligible for the federal tax credit, but it now holds the title as the most affordable EV, undercutting the price for the 2022 Nissan Leaf, which starts at $28,425.