GM to kill off Bolt production in 2023

[dan_b]

Oh dear. GM is going to do it again.

https://www.cnbc.com/2023/04/25/gm-bolt ... r=sharebar

[AE-NMidlands]

Oh dear. GM is going to do it again.

https://www.cnbc.com/2023/04/25/gm-bolt ... r=sharebar

A pity. Couldn't they have just upgraded the batteries and electronics and kept pushing them out?

[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…

[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.

[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.

[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....