Chevrolet’s Plans for the 2024 Bolt EV
The 2024 Chevrolet Bolt EV is expected to see minor changes for the 2024 model year. It represents the eighth model year of the first-generation Bolt EV and is expected to undergo minor changes. However, it’s possible that 2024 may be the final model year for the electrified hatchback as GM’s expanding EV portfolio may have an Ultium battery-powered replacement coming soon. GM CEO Mary Barra confirmed that there will be a second-generation Chevrolet Bolt EV, which will utilize GM’s newer Ultium battery technology. The next-generation Bolt is expected to return to the market on an accelerated timeline, contradicting earlier reports that the Bolt was dead after 2023. It’s important to note that the 2024 model year may be the calm before the storm, with the new model arriving in 2025.
The 2024 Bolt EV is expected to be the last for the first-generation, with the new model arriving in 2025. This is due to the existing Ultium platform and technology already in place, which will allow the new Bolt to come at an accelerated rate and be cheaper for the manufacturer. It’s worth mentioning that the Bolt EV is an important source of conquest sales for Chevrolet and has been delivering record sales and high customer satisfaction and loyalty scores.
Chevrolet must focus on battery safety for the 2024/2025 Bolt to succeed, as one of the final nails in the Chevy Bolt’s coffin was the faulty battery issue that plagued the model during its last year on the road. However, Chevrolet has announced the comeback of its iconic Bolt lineup, with plans for a dashing comeback next year.
In summary, while the 2024 Chevrolet Bolt EV is expected to see minor changes for its eighth model year, the next-generation Bolt EV is confirmed to be in the works and is expected to utilize GM’s newer Ultium battery technology, with plans for an accelerated timeline for its return to the market.
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Contents
- Is the Chevy Bolt eligible for the $7500 tax credit?
- Will the Chevy Bolt be available in 2024?
- Is the 2024 Bolt EUV discontinued?
- What is the 2024 Chevy Bolt rebate?
- How much is a 2024 Chevy Bolt?
- What is the range of the 2024 Bolt EV?
- Does 2024 bolt qualify for tax credit?
- What is GM replacing the Bolt with?
- Will there be a 2025 Bolt EUV?
- Is the Chevy Bolt EV being discontinued?
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.
Will the Chevy Bolt be available in 2024?
Next-gen Chevy Bolt EV coming in 2025
Although Barra said last week she was “disappointed with our Ultium-based EV production in 2023,” the company has made “substantial improvements.” GM expects things to turn around in 2024. The company was “constrained by automation,” but that should be relieved by mid-next year.
Is the 2024 Bolt EUV discontinued?
As GM Authority covered back in November 2023, production of the Chevy Bolt EV and Chevy Bolt EUV was slated to conclude in December 2023, marking the end of the first generation of the two affordable electric vehicles.
What is the 2024 Chevy Bolt rebate?
Applicants can receive a non-refundable tax credit of up to $7,500. From January 1, 2024, the federal EV tax credit is now available as an upfront discount applied at point of sale for qualified buyers.
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 range of the 2024 Bolt EV?
259 mile
Comparison Between The 2024 Chevy Bolt EUV & Bolt EV
On a full charge, the Bolt EUV has approximately 247 miles of range compared to the 259 mile range for the Bolt EV.
Does 2024 bolt qualify for tax credit?
Cars and Trucks That Qualify For The EV Tax Credit In 2024
Make | Model | Credit Amt |
---|---|---|
Chevrolet | Bolt EUV | $7,500 |
Bolt EV | $7,500 | |
Chrysler | Pacifica PHEV | $7,500 |
Ford | Escape Plug-in Hybrid | $3,750 |
What is GM replacing the Bolt with?
2024 Chevy Equinox EV
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).
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.
Is the Chevy Bolt EV being discontinued?
During General Motors’ earnings call in late April 2023, CEO Mary Barra confirmed that the Chevrolet Bolt and Bolt EUV would be discontinued by the end of 2023. However, both models have recently reached the production and sales records GM was aiming for since Bolt’s launch in 2016.