Chevy Bolt EV: Return Date Confirmed

Affordable EV on Gap Year Hiatus

At an Automotive Press Association shindig witnessed by Automotive News, General Motors CEO Mary Barra declared that the upcoming Chevrolet Bolt EV would be released in 2025. It is important to note that the present Bolt EV (together with the Bolt EUV) will no longer be accessible after 2023, implying that they are not going to be available during the 2024 year. GM had previously affirmed this year that a substitute for the Bolt was in the offing; however, this 2025 date offers us the most tangible timeline of when we could expect it.

“The customer response to the Bolt has been really positive this year, and that was a factor in our decision to bring the Bolt back in 2025,” Barra stated. No other specifics concerning the upcoming Bolt were revealed.

When the next-generation Bolt emerges onto the scene in 2025, it will be based upon GM’s Ultium architecture as opposed to the original platform first revealed in 2016. This will also be the initial North American Ultium vehicle to feature LFP (lithium-iron-phosphate) batteries rather than conventional lithium-ion items, assisting in reducing expenses and hastening the time-frame of production.

GM’s CEO Mary Barra announced a move that should help the automaker’s new electric vehicle, the Bolt, avoid any production delays that have been an issue for other GM EVs. At the event, Barra admitted that GM had not been successful in constructing battery modules, but compared the transition to electric vehicles to “the first turn of the first lap of a multi-lap race.” She added that the company is confident in its ability to deliver on the Bolt’s promise.

“We will still move forward,” she said. “It’s not as if anyone expected this kind of transformation to be a smooth, uninterrupted ride. There will be highs and lows, but that’s the nature of our business.”

“Optimizing our EV portfolio doesn’t mean retreating,” Mary Barra, CEO of General Motors, clarified. “We’re still committed to growing and introducing more models in the future.” The executive went on to explain that they are looking for ways to make the most out of their current resources, while still striving to offer customers the best experience.

Releasing the updated Bolt ASAP should be a primary focus of GM. In its ultimate year, sales of the Bolt EV have skyrocketed as patrons endeavor to acquire the most affordable EV in the US prior to its discontinuation. Coming in at only $26,500 before reductions, the Bolt EV is noticeably more affordable than the upcoming Equinox EV, which has gone up in cost even before arriving to the market. Initially anticipated to commence at $30,000, the electric crossover now has a starting cost of $34,995; a difference of a huge $8,495 from the Bolt.

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