this post was submitted on 16 Sep 2023
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Cars - For Car Enthusiasts
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...and GM discontinued the Bolt as well, despite solid sales & demand, because they were also losing money on each unit sold.
They also said the Bolt is coming back in like 2 years as an Ultium vehicle which should make it even better still.
GM probably lost $XX,000 on each EV1.
They are probably losing $X,000 on early current Bolt EV.
Their move to Ultium will probably either break ev3n or actually turn a profit in the Ultium Bolt.
Oh, that's cool. I'll keep an eye out then! I used to have a Volt and a Bolt and I really liked them.