Chevrolet Bolt will stop being produced this year – 04/25/2023 – Market
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General Motors said on Tuesday it will end production of its Chevrolet Bolt electric vehicle later this year as it shifts its zero-emissions production to trucks and SUVs built on a new battery platform.
“We’ve made so much progress that it’s now time to plan for the end of production of the Chevrolet Bolt electric vehicle,” which will happen later in the year, GM Chief Executive Mary Barra told investors.
The largest US automaker sold 38,120 Bolt electric cars in 2022, up from 24,828 in 2011 — and 19,700 in the first three months of the year. The Bolt, GM’s first mass-market electric vehicle, still accounts for more than 90 percent of all GM segment sales in the United States.
The Bolt was preceded by the Chevrolet Volt — a plug-in hybrid that GM ended production of in 2019.
GM expects to build 400,000 electric vehicles in North America from 2022 through mid-2024 and increase capacity to 1 million units annually by 2025.
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