Home Car Chevy to Finish Bolt EV, EUV Manufacturing This 12 months

Chevy to Finish Bolt EV, EUV Manufacturing This 12 months

Chevy to Finish Bolt EV, EUV Manufacturing This 12 months


White 2023 Chevrolet Bolt EUV Premier near a tree and green hedge.The Chevy Bolt was America’s third best-selling electrical automobile final quarter. However it’s on its final legs. A Chevrolet spokesperson says, “Bolt EV and EUV manufacturing will finish late this yr.”

The Bolt EV is a small all-electric hatchback with as much as 259 miles of vary and a beginning worth of simply $26,500. The Bolt EUV is a barely bigger model of the identical automobile, stretched so as to add legroom for rear-seat passengers. It begins at $27,800.

The Bolt brothers had been amongst few automobiles to survive a current culling of federal electrical car (EV) tax credit, chopping the value of the Bolts by $7,500 for a lot of consumers.

Taken collectively, the 2 outsold each electrical car (EV) not constructed by Tesla within the first quarter of 2023. However that wasn’t sufficient to avoid wasting them. They’re going away largely as a result of they sit on older battery know-how, and Normal Motors has moved on to a more moderen type of EV battery.

Most GM electrical automobiles now use the automaker’s Ultium platform. Ultium is what automotive engineers name a “skateboard platform.” It places all battery, motor, suspension, and steering parts beneath a flat load ground. It may be expanded or contracted to construct many car varieties.

GM plans to construct many EVs on the Ultium platform, starting from the roughly $30,000 Chevrolet Equinox EV to the $300,000-plus Cadillac Celestiq super-luxury automobile.

The Bolts trip on older battery know-how. It proved problematic at instances — Chevrolet was pressured to recall each Bolt on the street to switch their batteries in 2021 after a collection of fires.

The Chevrolet spokesperson says the Bolt “was an enormous technical achievement and the primary reasonably priced EV, which set in movement GM’s all-electric future.” However the firm “will launch a number of new EVs later this yr based mostly on the Ultium platform in key segments” and put the Bolts out to pasture.

The Bolt’s disappearance, although, underlines a severe gap in automakers’ market plans. Its finish will go away the Nissan Leaf as the one EV obtainable beneath the $30,000 line. Final month, the typical electrical automobile value $58,940 — near the value of the typical luxurious automobile.



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