Free Video Downloader

GM to discontinue Chevy Bolt EV, Bolt EUV at end of 2023

GM will discontinue the Chevrolet Bolt EV hatchback and Bolt EUV small crossover at the end of the year, GM CEO Mary Barra told investors on Tuesday. That marks the end of one of the most affordable electric cars and a pacesetter for the nascent electric car market when it launched in 2017, and won Green Car Reports’ Best Car To Buy 2017 for its high range and affordable price, at the time.  

Back then, the Bolt EV cost $37,495. Last year, in June, Chevy slashed the price on the Bolt EV and larger Bolt EUV to $26,595 and $28,195, respectively, making them the most affordable electric cars with a range of 259 miles (247 for the EUV).

Arriving at a time when seemingly every other automaker was increasing prices on gas and electric vehicles, the price cut aimed to both spotlight the Bolt EV’s affordability at a time when the average new car price exceeded $46,000 and to draw back customers in the wake of a widespread battery fire recall of the Bolt EV and EUV. GM paused production of the Bolt EV and Bolt EUV for six months while it identified the reasons for the fires, and ultimately had to replace battery modules on the certain models and expand the recall to every Bolt EV made, which totaled about 141,000 vehicles in North America. 

Green Car Reports Newsletter

Sign up to get the latest green car and environmental news, delivered to your inbox daily!

I agree to receive emails from Green Car Reports. I understand that I can unsubscribe at any time. Privacy Policy.

Source link