Chevrolet Just Announced a New Bolt

Back in April, Chevrolet announced that it would end production its entry-level Bolt EV and EUV at the end of 2023. This is despite the fact that the Bolt had its best sales year ever in 2022, and is set to outpace that figure this year. GM has apparently decided to change course, with CEO Mary Barra announcing on its quarterly earnings call that a second-generation Bolt is on its way.

"Our customers love today's Bolt," Barra said." It has been delivering record sales and some of the highest customer satisfaction and loyalty scores in the industry... it's also an important source of conquest sales for the company and for Chevrolet."

Barra didn't provide a specific timeframe for production, but it sounds like the next Bolt will be an update of the current model, rather than a truly new model using GM's Ultium EV platform.