It makes sense that the Bolt has a longer range than the base Model 3. GM doesn't give people the option of different sized batteries, which means that for GM, they need to get as high a number as possible, to try to adress as much of the market as possible. On the other hand, the base Model 3 is designed to have the smallest possible range that people still find acceptable. And then for those people who don't think that's sufficient, you always have the upgraded battery with over 300 miles of range.
Just to note, if the Model 3 has 5% lower consumption, and has 55 kWh in the base version and 85 kWh with the largest battery, the base Model 3 will have 230 miles range, and the Model 3 with the largest battery will have 355 miles range.