Automotive
General Motors (GM) has officially confirmed the event of the second generation of the Chevrolet Bolt EV, scheduled to debut within the 2025 model 12 months. The present-generation Chevrolet Bolt is ready to retire by the tip of 2023, paving the best way for an updated and improved version of the favored electric vehicle. GM’s CEO, Mary Barra, announced that the upcoming Bolt will incorporate newer battery technology, signaling a commitment to advancing electric vehicle capabilities.
In 2022, Chevrolet sold 11,029 units of the Bolt in the USA, experiencing a 50% decline in comparison with the previous 12 months. This drop in sales is attributed, partially, to the introduction of the larger Bolt EUV. Despite not being a high-volume model, Barra emphasized that the Bolt has a dedicated fan base, suggesting that the next-generation model will proceed to focus on consumers in search of a comparatively reasonably priced entry-level electric vehicle.
While specific technical details for the second-generation Bolt are yet to be released, it’s confirmed that the brand new model will retain its electric powertrain and receive updated battery technology. Unlike the current-generation Bolt, which relies on older technology, the successor will integrate GM’s Ultium technology, already in use in newer battery-powered models throughout the GM portfolio. Barra revealed that the battery pack for the brand new Bolt will feature lithium-iron-phosphate cells, aiming for a production process that’s each cost-effective and expedited.
Despite the 2023 Bolt starting at $27,495, making it one among the more cost-effective electric vehicles available on the market, GM’s intention to construct the successor “at a lower cost” may not necessarily translate to a lower retail price. The emphasis might be on improving profit margins throughout the electric vehicle segment.
The production location for the next-generation Bolt continues to be undetermined. The present model is manufactured on the Orion Assembly Plant within the Detroit area, but this facility is undergoing retooling to concentrate on electric trucks just like the Silverado EV and the GMC Sierra EV. This raises questions on where the brand new Bolt will probably be produced, and GM has yet to offer details on this aspect.
Because the automotive industry eagerly awaits more information, it’s noteworthy that the Bolt EUV will even retire by the tip of 2023, having been available for less than two model years. Speculation arises about whether it can have a successor or if Chevrolet will streamline its lineup right into a single model. While uncertainties persist, the confirmation of the second-generation Chevrolet Bolt EV and the mixing of advanced battery technology signal GM’s continued commitment to the electrical vehicle market. Further details in regards to the recent Bolt are expected to emerge in the approaching months, shedding light on its specifications, features, and production plans.
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This Article First Appeared At www.automotiveaddicts.com
