What will replace Chevy Bolt EV?

The Replacement for the Chevy Bolt EV
The Chevy Bolt EV will be replaced by another low-cost electric vehicle called the Chevy Equinox EV. The Equinox EV is expected to start at around $30,000 and will offer up to 300 miles of range. It will be built on GM’s Ultium platform, which aims to make building EVs cheaper and more efficient. The Equinox EV is scheduled to arrive in the fall of 2023.
Reasons for the Replacement
There are a few reasons why the Chevy Bolt EV is being replaced. Firstly, the Bolt EV is considered to be dated, as it still uses a modified platform from 2016. GM is transitioning to the Ultium platform, which offers better battery technology, shared components, and simplified production. Secondly, GM needed the Orion Assembly plant, where the Bolt EV is currently produced, for other EVs like the Chevy Silverado EV and GMC Sierra EV pickups. These factors led to the decision to replace the Bolt EV with the Equinox EV.
The Ultium Platform and GM’s EV Strategy
GM’s shift from the Bolt EV to the Equinox EV is part of its commitment to the Ultium platform, which is expected to be more cost-effective and potentially more profitable. The Ultium platform will be used for several new EVs, including the Silverado EV, Blazer EV, and Equinox EV. GM aims to make Ultium-based EVs account for nearly a quarter of its 2025 gross revenues.
Conclusion
In conclusion, the Chevy Bolt EV will be replaced by the Chevy Equinox EV, a low-cost electric vehicle with a range of up to 300 miles. The Equinox EV will be built on GM’s Ultium platform and is expected to arrive in the fall of 2023. GM’s decision to replace the Bolt EV with the Equinox EV is driven by the need for a more modern platform and the utilization of the Orion Assembly plant for other EV models.

Which is bigger Bolt EV or EUV?

The 2022 Chevy Bolt EV is 163.2 inches long, 69.5 inches wide (without its mirrors), and 63.4 inches tall. The 2022 Chevy Bolt EUV, by comparison, is 169.5 inches in length, 69.7 inches wide (without the mirrors), and 63.6 inches in height.

Is the Chevy Bolt eligible for the $7500 tax credit?

New Bolt EV and EUV purchases qualify for a federal tax credit of up to $7,500 for eligible buyers, which can be applied toward vehicle price at time of sale by qualified and participating dealers.

Is Chevy coming out with a new Bolt?

Finally, GM’s CEO Mary Barra announced when we can expect the next-gen Chevy Bolt EV to hit the market. The affordable EV will reemerge on GM’s Ultium platform in 2025.

What will replace Bolt EV?

It was during an investor call in April that Barra announced plans to end production of the current Chevy Bolt and Chevy Bolt EUV at the end of the year so the plant in Orion Township, Mich., could be retooled to make the 2024 Chevrolet Silverado EV and GMC Sierra EV full-size pickup trucks—vehicles which are expected …

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 Chevy make a 2024 bolt EV?

It’s noteworthy that the Chevy Bolt will not see a 2024 model as it has been discontinued, making way for the Equinox EV to take its place, symbolizing the dawn of a new era in automotive excellence.

Does GM lose money on Bolt?

GM priced the Chevy Bolt at $26,595, which is approximately $2,000 below manufacturing costs, indicating that the model was cutting into GM’s net income during 2022.

Is the Silverado EV being canceled?

As covered by The Detroit News, GM will push back Silverado EV production at its Orion Assembly plant to late 2025, instead of late 2024. The decision has been made with an eye “to better manage capital investment while aligning with evolving EV demand,” said GM spokesperson Kevin Kelly.

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.

Will there be a 2025 Bolt EUV?

The 2025 Chevrolet Bolt EUV, a trailblazer in the realm of electric vehicles, is set to revolutionize the market with its debut. Expected to arrive in dealership showrooms in the latter half of the year, this innovative EV is generating excitement among automotive enthusiasts and eco-conscious drivers alike.