The honor was announced at the North American International Auto Show which is getting underway in Detroit, Michigan.
The Bolt beat out the Genesis G90 and Volvo S90 sedans for the car award.
The Chevy Bolt, which went on sale last year and sells for about $30,000, gets about 200 miles per battery charge.
Despite the good mileage numbers, however, the Bolt has failed to make a significant dent in the marketplace.
The awards program was launched at the Auto in 1993, and it is modeled after the European Car of the Year. About 60 automotive journalists. Eligible vehicles must be new or substantially revamped.
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