General Motors CEO Mary Barra has officially confirmed the resurrection of the Chevrolet Bolt EV in a conference call.
Initially declared dead in preparation for retooling the factory to manufacture electric pickups, the Bolt is not only alive but gearing up for a more electrifying comeback! Barra unveiled that the forthcoming second-generation Bolt will harness the advanced Ultium battery technology by General Motors.
The Bolt’s Rejuvenation
Contrary to the previous speculation of the Bolt’s demise after 2023, Barra’s announcement ensures the persistence of the Chevrolet Bolt nameplate, at least for the time being.
With the Orion Assembly plant transitioning to electric trucks, the Bolt is poised to receive a second lease of life. Chevrolet vows to infuse the electric hatchback with cutting-edge technology and an impressive electric range, all within an affordable package for consumers.
The Bolt Trajectory
The current Bolt, introduced in 2017, operates on the BEV2 platform, a collaborative effort with LG. However, the forthcoming Bolt will ride on the advanced Ultium platform, a joint venture of GM and LG Energy Solution.
Despite being one of the most budget-friendly EVs, the Bolt witnessed a surge in sales, reaching its pinnacle in 2022 with 38,120 units finding new homes. The year 2023 continues the upward trajectory, with 33k+ Bolts delivered in the first half of the year. There’s demand for the vehicle, that’s for sure!
The Road Ahead
Already featured in vehicles like the Cadillac Lyriq and GMC Hummer EV, the Ultium platform promises a swift return of the Bolt to the market, and even though no date has been mentioned yet, the resurrection is anticipated for the 2025 model year.
While the announcement focused on the Bolt, it remains to be seen if its slightly larger sibling, the Bolt EUV, will also make a comeback. Given the market’s increasing preference for crossovers, the Bolt EUV might well accompany its hatchback counterpart. As GM pivots toward electrification, the Bolt’s revival stands as a testament to the brand’s commitment to a sustainable and innovative automotive future.