Why was the Chevy Volt discontinued?

Why was the Chevy Volt discontinued?
The Chevy Volt was discontinued for several reasons. One of the primary factors was General Motors’ restructuring plan, which aimed to focus on growing its truck and SUV business and prioritize investments in the next generation of battery-electric vehicle architectures. As part of this plan, the Volt was not included, which disappointed many electric vehicle (EV) enthusiasts.
Another reason for discontinuing the Volt was the changing market demand. GM’s customer data showed that Volt owners were not using their gasoline engines as much as before, indicating a shift towards more electric driving. Additionally, the Volt was complex and expensive to build, which made it challenging for GM to achieve profitability. The supply chain for the Volt was also complicated, adding to the production costs.
Furthermore, the Volt faced competition from other EV models, including GM’s own Chevy Bolt, which is a battery-powered electric vehicle (BEV) rather than a plug-in hybrid electric vehicle (PHEV) like the Volt. The Bolt offered maintenance improvements and gas benefits, making it a more attractive option for some consumers.
Despite its discontinuation, GM has committed to supporting and carrying parts for the Volt for the next 10 years, ensuring that repairs should not be a problem for current Volt owners.
In summary, the discontinuation of the Chevy Volt was driven by GM’s restructuring plan, changing market demand, production costs, competition from other EV models, and the focus on future battery-electric vehicle architectures.

What car replaced the Chevy Volt?

A new era in affordable, all-electric vehicles is here and the Chevy Bolt EV electric car is leading the charge. It features outstanding efficiency, cutting-edge technology and amped-up style.

What is the lifespan of a Chevy Volt?

200,000 to 300,000 miles
“With proper use and maintenance, a Chevrolet Volt can last 200,000 to 300,000 miles before you experience any major issues with the hybrid powertrain and other expensive components. If you drive an average of 15,000 miles per year, the car may serve you for about 13 to 20 years.”

What is replacing Chevy Bolt?

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.

How many miles per gallon does a Chevy Volt get?

42 mpg‑US
The gains in efficiency allow the second generation Volt to improve its combined fuel economy in gasoline-only (charge-sustaining) mode to 42 mpg‑US (5.6 L/100 km; 50 mpg‑imp), up from 37 mpg‑US (6.4 L/100 km; 44 mpg‑imp) for the previous model.

How reliable was the Chevy Volt?

The Volt only lasted eight years on the market, garnering plenty of data during its time on the road. Let’s talk about the overall reliability of the model before you land on a specific year. According to repairpal.com, the Volt scores ⅘, placing it in 2nd out of 4 alternative vehicle options.

Why did Chevy stop producing the Volt?

It was lauded for its features, including the best all-electric driving range in its segment, where it could hit 53 miles before the gasoline engine turned on. However, GM discontinued the Volt in 2019 for several reasons, primarily because it was a small car, and sedan sales were falling globally.

Why did Chevy stop making the bolt?

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?

What is better than the Chevy Volt?

As for the Chevrolet Bolt, it provides an even greater all-electric wallop, sending a considerable 200 horsepower and 266 lb-ft of torque through the front wheels. That’s 50 more horses than the Volt, and as a result, you should expect it to be at least 1.5 seconds quicker in a 0-to-60-miles-per-hour sprint.

What went wrong with the Chevy Volt?

A leading U.S. auto safety regulator on Friday announced an investigation into 73,000 Chevrolet Volt plug-in hybrid cars over reports that they may abruptly lose power, fail to restart and encounter other issues.