GM Is Killing Off the Chevy Bolt and Bolt EUV

General Motors will stop producing its two top-selling EVs, the Chevy Bolt and Bolt EUV, by the end of 2023. TechCrunch reports: [General Motors Chair and CEO Mary Barra] told investors during the company's earnings call that its Orion Michigan factory, which currently assembles the Bolt, will be retooled for electric truck production. The decision comes as GM launches a new slate of EVs such as the GMC Hummer and Cadillac Lyriq that are outfitted with the company's Ultium architecture that includes a new battery cell design. However, it also puts an end to GM's highest volume EVs and takes one of the few affordable electric vehicle models off the market. It also means the end of the Chevy Bolt AV, the autonomous vehicle version that GM's self-driving unit Cruise uses for its robotaxis. GM unveiled the Chevy Bolt in early 2015 and brought it to market in 2016, "at the time presenting one of the few EV options to buyers and directly competing with Tesla," adds TechCrunch. "Bolt never had the same cachet as Tesla. And while consumers did buy the vehicle, its sales lagged behind the Tesla Model 3."

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