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GM to kill off Bolt production in 2023
Posted: Tue Apr 25, 2023 5:04 pm
by dan_b
Re: GM to kill off Bolt production in 2023
Posted: Tue Apr 25, 2023 5:08 pm
by AE-NMidlands
A pity. Couldn't they have just upgraded the batteries and electronics and kept pushing them out?
Re: GM to kill off Bolt production in 2023
Posted: Tue Apr 25, 2023 6:25 pm
by Oliver90owner
One needs to read to the bottom lines - the ‘equinox’, a new model, to be released later this year, will (presumably) be an improvement on the bol- and at around the same price for the ‘entry versions’.
Time to move on from their ‘higher-risk-of-fire’ model. A bit like nissan and their passive battery cooling in the leaf…
Re: GM to kill off Bolt production in 2023
Posted: Wed Apr 26, 2023 8:58 am
by Stinsy
I agree with others. Time for GM to admit their errors with the design of the Bolt and move on to a totally new design with a blank sheet of paper and a whole load of lessons learned. Wish other manufacturers would do the same.
Re: GM to kill off Bolt production in 2023
Posted: Wed Apr 26, 2023 9:38 am
by Mart
Have to say, I thought they would drop the Bolt or re-name it after the LG batt fires/fiasco. So maybe this was just face saving, keep going for a while then move on.
GM have made so many announcements about their huge BEV aims and targets, that I've lost count, but I think they were supposed to have 20 (or more) BEV models available by the end of 2022. Also to have caught, or catching Tesla by now. But I think Mary Barra was including all of the sales of the Wuling Mini-EV in those figures. That's the tiny Chinese BEV that costs ~$6k, makes about $30 profit and isn't actually a GM vehicle, but they have a minority JV (joint venture) stake in it.
Re: GM to kill off Bolt production in 2023
Posted: Wed Apr 26, 2023 1:45 pm
by NikoV6
So it begins! Legacy finding EVs to make profitable is hard!
Moron Stanley saying legacy should back off EV investment to maintain ICE profits!
ICE sales collapsing in most markets, £40k+ new vehicle purchase would need particular corner case to be ICE today. £25k+ by 2026 I suspect.
I also think it comes down to monthly spend. Lot of new cars are PCP or lease. Tesla already talking about in house finance. You get the model 2 down to £3k down and £250 a month they won't be able to print them fast enough!
Interesting few years ahead....