GM pulls the plug on Chevy Bolt EV.
TL;DR Summary
General Motors will end production of the Chevrolet Bolt, the least expensive electric vehicle (EV) in the US, by the end of 2021 to make room for larger and more profitable EV trucks. The Bolt's demise comes as the EV market is transitioning from one or two models per automaker to a full slate of vehicles at many price points. GM's decision to discontinue the Bolt has drawn mixed reactions, with some saying it's premature while others see it as fitting as the automaker prepares for an onslaught of new models.
Topics:business#automotive#chevrolet-bolt#electric-vehicles#ev-market#general-motors#ultium-battery-technology
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
6 min
vs 7 min read
Condensed
93%
1,332 → 91 words
Want the full story? Read the original article
Read on POLITICO