2022 Chevrolet Bolt EV

2023 Chevrolet Bolt EV and Bolt EUV get $6,000 cheaper

We've gotten used to EV makers hiking prices left and right recently, in what seems like a never ending game of one-upmanship. Chevrolet, however, has other ideas, and so it shockingly revealed a price cut today.

This applies to both the 2023 Bolt EV and the 2023 Bolt EUV, which are approximately $6,000 cheaper than the 2022 models. The 2023 Bolt EV in the 1LT trim starts at $26,595, down from $32,495. In the 2LT trim, you can buy one for $29,795, down from $35,695.

The 2023 Bolt EUV is starting at $28,195 with the LT trim, which used to cost $34,495. The 2023 Bolt EUV in the Premium trim goes for $32,695, down from $38,995.

All of the prices quoted above include the $995 delivery fee. Orders for these 2023 models will start in July.

Commenting on the price cuts, a GM spokesperson said "this change reflects our ongoing desire to make sure Bolt EV/EUV are competitive in the marketplace", adding that "affordability has always been a priority for these vehicles".

 
2023 Chevrolet Bolt EV and Bolt EUV get $6,000 cheaper

We've gotten used to EV makers hiking prices left and right recently, in what seems like a never ending game of one-upmanship. Chevrolet, however, has other ideas, and so it shockingly revealed a price cut today.

This applies to both the 2023 Bolt EV and the 2023 Bolt EUV, which are approximately $6,000 cheaper than the 2022 models. The 2023 Bolt EV in the 1LT trim starts at $26,595, down from $32,495. In the 2LT trim, you can buy one for $29,795, down from $35,695.

The 2023 Bolt EUV is starting at $28,195 with the LT trim, which used to cost $34,495. The 2023 Bolt EUV in the Premium trim goes for $32,695, down from $38,995.

All of the prices quoted above include the $995 delivery fee. Orders for these 2023 models will start in July.

Commenting on the price cuts, a GM spokesperson said "this change reflects our ongoing desire to make sure Bolt EV/EUV are competitive in the marketplace", adding that "affordability has always been a priority for these vehicles".

we dont get the Bolt here right
 
Chevy Offers Bolt Owners $6,000 to Waive Right to Sue Over Battery Fires

Chevy is refunding up to $6,000 to Bolt owners who bought before the company slashed prices on the electric car. But the money comes with a huge catch.

After more than a year of bad news around battery fires, this summer Chevy slashed the price of the electric Bolt and Bolt EUV by as much as $6,000, making the Bolt the most affordable electric car on sale in America. In an effort to appease customers who bought their Bolts before the discount, Chevy offered a cash rebate to existing Bolt owners. But as a tipster points out to Jalopnik, in order to receive the rebate, Bolt owners have to waive all rights to sue GM over the vehicle — including their right to sue if their Bolt battery catches fire.

First, let’s get caught up on the whole battery fire saga. In late 2020, GM recalled 68,000 Bolts due to a risk of the batteries catching fire while parked. The fix involved a software update rolled out in April 2021. Not one week later, an affected Bolt caught fire in Virginia, destroying the garage it was parked in. More Bolt fires followed, even after a second recall, leading the NHTSA to issue a recommendation that Bolt owners park outside and avoid leaving their cars plugged in overnight. A third recall issued in late July 2021 finally offered to replace defective battery packs, in lieu of the previous software update.

 
Chevrolet Bolt EV and EUV break sales records in the US

It is this time of the year when all the automotive companies are reporting their first sales results. Tesla had a great start already but Chevrolet has its own reasons to celebrate. While the company increased its overall sales by over 15% compared to the same period last year, it is the humble Chevy Bolt that is making waves.

In terms of numbers, the sales may not sound impressive at a first glance. Chevy Bolt EV and Bolt EUV sold a combined 19,700 units in the first three months of this year. Compare that to last year’s sales of just 358 units and we have a jump of over 5,500% - a huge result clearly showing the Bolt is very popular among EV buyers.

While the jump may sound impressive, it’s easily achievable when you start production - any increase would be significant, but jumping from 0 to 1 means a 100% increase. Far more important is the number of sales. Chevrolet initially had a production target of 44,000 units per year, and last year it sold 38,120 Bolt EV and EUV.


 
Dead: Chevy Bolt EV and Bolt EUV

The Bolt EV and Bolt EUV don't have much of a future with the upcoming Blazer EV and Equinox EV.

Less than a year ago, there was some evidence that the Bolt EV and Bolt EUV wouldn’t be around for too much longer, with GM making its EVs on a new platform and the Bolt’s sales never quite being so hot and also that whole fire disaster which really put a stain on things. On Tuesday, GM made it official: Production for the Bolt EV and Bolt EUV will end later this year.

A current Bolt EUV owner initially tipped us off to this news this morning, before a spokesperson for Chevy sent along the following statement:

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. As the company continues to grow it’s EV portfolio with the Ultium platform, and as construction continues at the Orion Township, MI, assembly plant in preparation for battery electric truck production beginning in 2024, Chevrolet confirmed Bolt EV and EUV production will end late this year. Chevrolet will launch several new EVs later this year based on the Ultium platform in key segments, including the Silverado EV, Blazer EV and Equinox EV.

 
GM will end production of the Chevrolet Bolt EV and Bolt EUV this year

GM's Chevrolet Bolt EV and Bolt EUV just broke sales records in the US, but they won't be doing that for much longer, as it turns out. GM CEO Mary Barra announced during an investor call that the two entry-level EVs will be discontinued.

Production of the Bolt EV and Bolt EUV will be stopped by the end of this year. That's a bold move considering these two make up the vast majority of GM's EV sales to date.

The reason is that their batteries use older designs and chemistries compared to the newer cars which are based on GM's new Ultium architecture.

A suburban Detroit plant in Orion, Michigan that has made Bolts since 2016 will be retooled to prepare for production of the Chevrolet Silverado EV and the GMC Sierra trucks scheduled for next year. Once it reopens and reaches full production, employment will nearly triple, and the plant will churn out as many as 600,000 electric trucks each year. GM's target is to reach a production capacity of 1 million EVs annually in the US, and another 1 million annually in China.

 
Chevy Bolt poised for a comeback with updated battery tech

Like a Phoenix from the ashes, the plucky Chevy Bolt is poised for a comeback in style. GM’s CEO Mary Barra was interviewed for NPR’s podcast recently, and Chevy Bolt was talked about in detail. There is no getting away from the fact that Bolt is the cheapest EV on the US market - it starts at €24,700 before any incentives are applied, and if only GM could make enough of it and fast enough, it could have been the most popular EV as well.

The issue though, is always the same - money. While the Bolt may be inexpensive to buy, GM wasn’t making any money on it because of its expensive second-generation batteries. Those batteries were the reason for a major recall in 2021 and subsequent production halt for nearly a year - 142,000 vehicles were affected.

Both versions of the Bolt - the standard and the slightly larger EUV - featured the same 65 kWh battery pack. It was good enough for an EPA rating of 398 km for the larger model and 417 km for the standard Bolt. Not a bad result for a sub-€28,000 electric car. But the technology used in both models dates back to 2016 - and 7 years in EV technology is a lot of time.

 
Top
Sign up to the MyBroadband newsletter
X