The Chevy Bolt EV has had ups and downs not too long ago, however it’s nonetheless GM’s best-selling electrical mannequin. That made the automaker’s resolution to chop the automotive after 2023 a shocker, however CEO Mary Barra shortly modified course, asserting that the Bolt would return utilizing GM’s Ultium tech. We’re now studying about one other twist within the story, as the corporate’s current feedback counsel that solely the bigger Bolt EUV will return, leaving the extra common Bolt EV out of the Ultium plans.
As Electrek famous, Barra has already hinted that the EUV can be the car of alternative when the Bolt returns. “Our prior portfolio plans included a number of newly designed autos within the entry-level segments and a capital dedication of $5 billion over the following a number of years. Nevertheless, by leveraging one of the best attributes of right this moment’s Bolt EUV, in addition to our Ultium platform, our software program, and NACS, we’ll ship an excellent higher driving, charging, and possession expertise with a car we all know clients love.” It sounds lots like GM’s planning one Bolt mannequin, and it’ll seemingly be the bigger EUV.
Some had hoped that the feedback left the door open for the Bolt’s return, however additional reporting confirmed the EUV’s takeover of the Bolt lineup. Whereas disappointing, the transfer isn’t stunning when taken in context with the remainder of the trade. Automakers are shedding cash on EVs as they spend cash creating new fashions and bolstering provide chains, so decreasing the Bolt mannequin line to at least one car is smart from a cost-savings standpoint.
It is also seemingly that GM believes the bigger EUV will develop into a extra common mannequin as extra customers shift to SUV-like autos, though the Bolt EV at the moment outsells its bigger counterpart. That stated, the lack of probably the most reasonably priced EVs is motive to complain, although nothing says GM received’t convey the smaller Bolt again as soon as its EV home is so as.