Final quarter, the Chevrolet Bolt was America’s third-best-selling electrical car (EV). However Basic Motors introduced final 12 months that the mannequin received’t make it to 2024.

Unsurprisingly, it received’t be gone from the marketplace for lengthy. Throughout the firm’s quarterly earnings name this week, GM CEO Mary Barra advised reporters Chevy is engaged on one other era of its most profitable EV thus far.

“Our clients love right now’s Bolt. It has been delivering document gross sales and among the highest buyer satisfaction and loyalty scores within the business,” stated Barra. “It’s additionally an essential supply of conquest gross sales for the corporate and for Chevrolet.”

“Conquests are clients going straight from a competing model, whether or not they commerce in, promote an older car, or preserve it,” in accordance with Sam Abuelsamid of Guidehouse Insights.

As we speak’s Bolt(s)

As we speak’s Chevy Bolt on dealership tons is a subcompact hatchback supplied in two sizes. The Bolt EV begins at $26,500. The considerably bigger Bolt EUV – basically a stretched Bolt with a lot of the added area given to rear passengers – begins at $27,800.

Each qualify for a $7,500 federal EV tax rebate in 2023. That makes them the least costly method to go electrical in the intervening time.

So why would GM finish the third-best-selling and least costly EV? As a result of the Bolt brothers use battery expertise discovered on no different present GM EV. The corporate is retiring the expertise.

Seemingly To Share Elements With Different GM EVs

Barra had nearly no particulars to supply on the following Bolt.

She may solely say that GM will “execute it extra shortly in comparison with an all-new program” and can use “Ultium and Ultifi applied sciences.”

However these particulars inform us a lot of what to anticipate.

As we speak’s EVs are constructed on skateboard platforms – nearly-flat combos of batteries, electrical motors, steering, and suspension parts that may be scaled up or right down to make autos for various wants. GM calls its skateboard Ultium.

Ultium underlies most present and deliberate GM EVs, from the roughly-$30,000 Equinox EV to the $300,000-plus Cadillac Celestiq ultra-luxury automobile.

Chevrolet will, we assume, scale the platform right down to subcompact measurement for the following Bolt.

Ultifi is a software program platform that controls GM automobiles’ person interfaces, leisure, and data applied sciences. GM controversially introduced plans to part out the favored Apple CarPlay and Android Auto telephone projection programs in future software program variations.