There is a big, fundamental difference. The Model 3 has to be designed to travel on the existing Supercharger network. The station spacing is 120 to 140 miles apart. The EPA rating does not matter as much as the real world performance of doing actual Supercharger jumps.
The Bolt, if equipped with a Supercharger compatible inlet, would have a tough time doing the 140 mile jump with 80% battery at highway speeds. Remember, the EPA rating is done at an average speed of 48 mpg and less. If you look at the MPGe ratings of 3 popular EVs:
Model S 60: 94 city, 97 highway, 95 combined
Nissan Leaf: 124 city, 101 highway, 112 combined
BMW i3: 129 city, 106 highway, 118 combined
You would think that the i3 is the most efficient BEV available today, right? But note the trajectory of the ratings... the i3 was 129 MPGe city, then 106 highway, which averages 48 mpg. However, at 70 mph, it is less efficient than a Model S. Note how the Model S' city rating is less than its highway rating. The Idaho National Labs testing results demonstrate this:
Library - Alphabetical | Advanced Vehicle Testing Activity
At 70 mph, the 2013 Leaf gets 359 Wh/mi.
At 70 mph, the i3 uses 313 Wh/mi.
At 70 mph, the Model S 85 kWh gets 301 Wh/mi.
Note that the tested Model S is the least efficient Model S made... the 85 kWh version. The 60 kWh version is more efficient (lower rolling resistance with less weight), as is the dual drive units. The Model 3 is expected to have far less CdA... in the low 5 sq ft, versus 6.2 on the Model S, versus 8.05 on the Bolt. The Bolt will likely be slightly worse than the Leaf at 70 mph with such poor CdA of 8.05 versus 7.8 sq ft.
This is why 200 miles of EPA range in a Bolt is not 200 miles of EPA range in a Model 3... they are not equivalent. It would not be surprising if the Bolt is 25% less efficient at 70 mph.
At 140 miles, a base level Model 3 is likely designed to be on the edge of acceptable... 2 hours of driving @ 70 mph, 45 minutes of charging, starting at 80% SoC and leaving some extra range as a buffer. A Bolt would likely be bare knuckles to make 140 miles at 70 mph. It would likely need 51 kWh in ideal conditions, meaning 90% of 57 kWh (60 kWh - 3 kWh buffer). Throw in some rain, colder weather, elevation changes, or some headwind and it would have a hard time, even at 100% charge depending on the conditions. For a Bolt, a comfortable long distance cadence would mean somewhere closer to 100 miles apart in spacing in order to account for rain, cold, headwind, and/or battery degradation. Again, do we build a CCS L3 charging network around a Bolt?
It would be nice if we had a properly designed profile for building a charging network... the UDDS standard for 200 miles of range to pick up the CARB ZEV credits was not quite properly designed to incentivize the right kind of BEVs. GM picked a design that would likely pick up the 200 miles range ZEV credits, but fail in the real world of long distance BEVs.
As for why Tesla didn't design the Model Y right now, chances are they need yet another iteration of the battery chemistry to tolerate the aerodynamic losses. Another iteration or two may make the Model 3 platform something that could tolerate building a hatchback version, or a compact-SUV/crossover. But not with the current chemistry. Note the Model X shipped with a step up in specific energy over the original Model S in order to get almost the same range (85 kWh versus 90 kWh packs). The Bolt's pack level specific energy is not even quite the original 2012 85 kWh Tesla pack.