GM to Discontinue Production of Chevy Bolt EV and EUV in 2021.

General Motors plans to stop production of the Chevy Bolt EV and EUV by the end of 2023 due to the models' battery cells being based on an older design. GM will modify a Detroit-area plant to produce the electric Chevy Silverado and GMC Sierra starting in 2024. The company plans to switch entirely to EVs by 2035 and use the same battery tech across all models to ramp up production. The move may be risky as the Bolt is the most affordable option for a new EV from a major automaker. GM delivered over 20,000 EVs last quarter, far behind Tesla's 422,000 vehicles in Q1.