Chevy’s Decision on the Bolt
General Motors has decided to keep the Chevrolet Bolt nameplate alive, despite previous plans to discontinue the model. GM CEO Mary Barra announced during an earnings call that the company will be keeping the nameplate alive due to the Bolt’s record sales in the first quarter and its high customer satisfaction and loyalty scores. The decision comes after the Bolt experienced a massive recall in 2021 due to battery fire risks and hit record sales in the first quarter. The updated Bolt EV and EUV will be built with technology from GM’s new Ultium battery platform, allowing for a lower center of gravity in vehicles for a more sporty, responsive vehicle.
However, there were previous announcements that GM would discontinue the Chevrolet Bolt EV and Bolt EUV electric cars at the end of 2023, with the Orion Assembly plant shifting production to electric trucks such as the Silverado EV that use GM’s more sophisticated Ultium propulsion system. The decision to discontinue the Bolt models was attributed to the shift in customer preference towards SUVs and pickup trucks, as well as the Bolt models not catching on with consumers due to design, size, and slow charging speeds.
Despite the discontinuation announcement, the Bolt EV and EUV experienced record deliveries and were among the most affordable electric cars with a relatively long range, making them the most affordable electric cars with a relatively long range of 259 miles (247 for the EUV). The Bolt EV and EUV were also among the bestselling electric vehicles and made a strong case for value, earning the top spot among EVs in Cars.com’s Affordability Report.
In conclusion, while there were previous announcements of discontinuation, GM has decided to keep the Chevrolet Bolt nameplate alive, with plans to update the Bolt EV and EUV with technology from GM’s new Ultium battery platform. This decision comes after the Bolt experienced record sales and high customer satisfaction and loyalty scores.
Contents
- What is replacing the Chevy Bolt?
- What is the problem with the Chevy Bolt production?
- How much is a 2024 Chevy Bolt?
- What is the lifespan of a Chevy Bolt?
- Is Chevy Bolt still a good buy?
- Will there be a 2024 Chevrolet Bolt?
- Why is Chevy Bolt being discontinued?
- Will there be a 2025 Bolt?
- What is the life expectancy of a Chevy Bolt?
- Does Chevy Bolt have any problems?
What is replacing the Chevy Bolt?
Transitioning our focus to the upcoming 2024 Chevy Equinox EV, this innovative compact crossover SUV, destined to replace the discontinued Bolt, elevates its prowess by offering alternatives between Front-Wheel Drive (FWD) and All-Wheel Drive (AWD).
What is the problem with the Chevy Bolt production?
However, the Bolt has had its troubles. Chevy had to issue two recalls for the Bolts in recent years over concerns that battery issues could cause the cars to catch fire. Bolt owners were advised to park their vehicles outdoors once the battery was charged.
How much is a 2024 Chevy Bolt?
$27,495
Starting MSRP from * $27,495. Shop through our expansive inventory of the 2024 Chevrolet Bolt EV at Dublin Chevrolet, your local Northern California Chevy dealer. Browse through the inventory and make sure you check out our Chevy Bolt lease deals and other Bolt EV specials to save big.
What is the lifespan of a Chevy Bolt?
The battery in the Chevy Bolt EV or Bolt EUV is guaranteed to get at least 8 years or 100,000 miles out of a new battery.
Is Chevy Bolt still a good buy?
Value 10.0/10. The 2023 Chevrolet Bolt EUV has a great value rating for the Electric SUV class. We determine value based on the vehicle’s estimated total cost of ownership, along with the vehicle’s MSRP for its base and top trims.
Will there be a 2024 Chevrolet Bolt?
Last quarter, the Chevrolet Bolt was America’s third-best-selling electric vehicle (EV). But General Motors announced last year that the model won’t make it to 2024. Unsurprisingly, it won’t be gone from the market for long.
Why is Chevy Bolt being discontinued?
Some of the more likely reasons why the Bolt was discontinued may include its high price tag, sluggish sales, and Tesla’s recent shift to electric vehicles. Why is GM not producing more electric vehicles like the Chevy Bolt or an electric version of the Silverado pickup truck?
Will there be a 2025 Bolt?
After nearly being discontinued, the Bolt will return by popular demand! The redesigned 2025 Bolt will feature GM’s excellent new EV platform, which includes the Ultium battery. Unfortunately, the Bolt will be taking a year off before it returns to the market fully redesigned.
What is the life expectancy of a Chevy Bolt?
The battery in the Chevy Bolt EV or Bolt EUV is guaranteed to get at least 8 years or 100,000 miles out of a new battery.
Does Chevy Bolt have any problems?
Even after this ‘fix,’ the fire problem persisted. In July of 2021, GM told owners to park their Bolts outside away from buildings and not to leave vehicles plugged in to charge overnight. In late 2021, General Motors announced two recalls of all Chevy Bolts EV and EUVs covering model years 2017 to 2023.