(Reuters) -General Motors ( GM ) said on Thursday it was bringing its affordable Bolt electric vehicle back, as the Detroit automaker looks to widen its offerings in the space.

The Bolt's launch comes at a time when tariff-induced higher prices and fewer EV-related federal subsidies are pressuring consumers.

GM said the Bolt would launch at a starting price of just under $30,000, with a cheaper variant scheduled to be rolled out later in the year.

The EV would be offered with Tesla's North American Charging Standard and is expected to have a range of 255 miles, the company said.