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Monday, October 3, 2022

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The Bolt EV And Bolt EUV Are Not Included In Chevrolet’s Long Term Future Plans

The automotive landscape is shifting towards all-electric vehicles faster than ever. Among the many EVs available today, the Chevrolet Bolt EV and its larger Bolt EUV sibling remain as two of the most affordable in the market. Despite that, a new report says that Chevrolet doesn’t really see a place for the Bolt in its long-term future portfolio plans.

That report cites the shift from the Bolt’s electric architecture to General Motors’ new Ultium platform as one of the biggest reasons that the Bolt will be discontinued down the line. If true, it would follow directly in the footsteps of the Chevrolet Volt which bowed out in 2019 in part to make room for the Bolt.

“Will Bolt be in our portfolio ‘x’ numbers of years from now? No, it won’t,” Steve Majoros, Chevy’s vice president of marketing, told the Detroit Free Press. “It’s a great product right now. It will be with us for some time. But as we scale and ramp volume here, portfolios change.”

Read More: Chevrolet Will Reimburse Bolt Customers Who Purchased EV Before 2023 Price Cut

That statement should assure buyers that the Bolt won’t be going anywhere particularly soon and Majoros verified that further saying “It’s going to be with us for the foreseeable future and as we ramp portfolio, then we’ll see about the long game for that, so… more to come.” That’s good news since it’s one of the least expensive ways to get into a brand new EV right now.

Just about a month ago we reported on some deep discounts that Chevrolet is offering on the Bolt EV and the Bolt EUV. The former is subject to a $5,900 incentive while the latter has an even larger $6,300 discount. In our test of the 2022 Bolt EUV, it proved to be an impressive little car for the cash.

This report suggesting that its days are numbered isn’t the first we’ve heard about it. All the way back in January a General Motors spokesperson hinted that it would be discontinued in the future as other products like the Silverado EV and the Sierra EV come online.

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