Jul
12
GM Announces End of Chevy Bolt Production
General Motors has revealed that it will cease production of the Chevy Bolt by the end of 2023, marking the end of an era for this popular electric vehicle. Launched in 2016, the Bolt has gained recognition for its reliability and affordability, making it a top choice for many EV enthusiasts. Although production will soon end, there’s still a window to place an order, but is it worth it?
Why Is Chevy Ending the Bolt?
Despite its success, including impressive sales figures and significant contributions to GM’s position in the EV market, CEO Mary Barra has announced the discontinuation of the Bolt. GM plans to shift focus towards new electric models and increase production capacity at their Orion assembly plant. With plans to boost production of electric trucks, the decision reflects a strategic move to cater to emerging market demands.
Is Ordering a Bolt Still a Good Idea?
For those set on owning a Chevy Bolt, now is the time to act. GM intends to produce 70,000 units this year, with the final order cycle beginning August 17. However, potential buyers should be prepared for potential delays, as some customers are still waiting for their orders to be fulfilled.
Alternative Options for Prospective Buyers
If immediate availability is a priority, it may be wise to consider other EVs with higher supply levels. While the Bolt offers great value, buyers who need a vehicle right away might benefit from exploring alternative options. As the electric vehicle market evolves, numerous other choices are available to meet diverse needs and timelines.