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General Motors drops Chevrolet Bolt for premium EVs

The Bolt has been abandoned, and the evolving EV market may be the key. By Lee Monks

General Motors (GM) has ceased production of its trailblazing Chevrolet Bolt. This is despite strong numbers, relative affordability—the basic-model Bolt is GM’s cheapest electric vehicle (EV) option at US$26,500—and popularity: the Chevy Bolt EV and Bolt EUV are its best performers in the electric market, and the former was its very first mass-market EV. Furthermore, as recently as October 2022, GM announced a rise in Bolt production to meet demand. So, why ditch the model now?

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