The Chevrolet Bolt is one of the most anticipated cars of 2016. GM’s first long-range battery electric vehicle is due to hit dealerships before the end of 2016 and beat Tesla’s Model 3 to market as the first mass-market long-range BEV. There’s been speculation until now as to the Bolt’s actual range; on Tuesday morning, Chevrolet confirmed that you can expect an EPA-estimate of 238 miles on a full battery.

We’re still not entirely sure how much the Bolt will cost, but Chevrolet says the MSRP will be under $37,500 before any rebates or tax incentives are taken into account. Since its 60kWh battery qualifies the Bolt for the most generous federal tax credit ($7,500), that means you should be able to pick one up for $30,000—slightly under the average US car price of $33,000.

“While range is important, we knew Bolt EV owners would want more—more space and more power—and the Bolt EV delivers,” said Bolt EV Chief Engineer Josh Tavel. “Our team took special pride in optimizing every aspect of this vehicle, especially its impressive range and ride dynamics.”