Current:Home > reviewsEchoSense:The Chevy Bolt, GM's popular electric vehicle, is on its way out -WealthRoots Academy
EchoSense:The Chevy Bolt, GM's popular electric vehicle, is on its way out
Charles H. Sloan View
Date:2025-04-07 01:47:34
Just like that,EchoSense the Chevy Bolt is gone in a flash.
General Motors CEO Mary Barra announced in an earnings call Tuesday that the automotive giant would end production of its small, popular Chevrolet Bolt electric models at the end of the year.
Barra said it was in order to shift operations at its assembly plant in Orion Township, Mich., toward the production of two electric trucks: the GMC Sierra EV and the Chevy Silverado EV.
"We'll need this capacity because our trucks more than measure up to our customers' expectations, and we'll demonstrate that work and EV range are not mutually exclusive terms for Chevrolet and GMC trucks," Barra told investors.
Launched with the 2017 model year and billed by GM as America's most affordable EV, the Bolt became one of the most popular electric vehicles on the market.
But in recent years the model has been dogged by battery issues that could cause Bolts to catch fire, prompting two recalls by GM and warnings to drivers that they should park their vehicles outside after the battery is charged.
Though GM relies heavily on sales from gas- and diesel-powered trucks and SUVs, the company announced two years ago that it was setting a goal of producing only electric vehicles by the year 2035.
"When the Chevrolet Bolt EV launched, it was a huge technical achievement and the first affordable EV, which set in motion GM's all-electric future," GM spokesperson Cody Williams told NPR via email.
Now the company is shifting gears, turning some of those popular trucks into EVs and launching other electric models later this year, including the Chevy Blazer EV and the Chevy Equinox EV, Williams added.
When GM's Orion assembly plant reopens in 2024 and reaches full production capacity, Barra said in the call with investors, jobs will nearly triple there and the company will be able to build 600,000 electric trucks each year.
veryGood! (43)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Purdue student, 22, is dying. Inside a hospital room, he got Final Four for the ages
- Evers vetoes a Republican bill that would have allowed teens to work without parental consent
- Cartels, mafias and gangs in Europe are using fruit companies, hotels and other legal businesses as fronts, Europol says
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- How to watch the solar eclipse on TV: What to know about live coverage and broadcast info
- Lauren Graham Reveals Matthew Perry's Final Birthday Gift to Her
- What time is the 2024 solar eclipse? Here's when you should look up in your area
- Stamford Road collision sends motorcyclist flying; driver arrested
- Chioke, beloved giraffe, remembered in Sioux Falls. Zoo animals mourned across US when they die
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- A child is dead and 2 adults are hospitalized in a car crash with a semitruck in Idaho, police say
- National Beer Day 2024: Buffalo Wild Wings, Taco Bell Cantina among spots with deals
- What time the 2024 solar eclipse starts, reaches peak totality and ends today
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- LSU's Angel Reese congratulates South Carolina, Dawn Staley for winning national title
- 50 positive life quotes to inspire, and lift your spirit each day
- Lithium Companies Fight Over Water in the Arid Great Basin
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
JPMorgan’s Dimon warns inflation, political polarization and wars are creating risks not seen since WWII
As a Mississippi town reels from a devastating tornado, a displaced family finds its way home
Over 120 dogs rescued, 8 arrested in suspected dogfighting network in New Jersey
At site of suspected mass killings, Syrians recall horrors, hope for answers
Happy solar eclipse day! See photos as communities across US gather for rare event
WWE is officially in a new era, and it has its ‘quarterback’: Cody Rhodes
William Bryon wins NASCAR race Martinsville to lead 1-2-3 sweep by Hendrick Motorsports