GM CEO Mary Barra officially confirmed there will be a new generation of the Chevrolet Bolt, as part of the automaker’s growing EV range. The new model is expected to ride on the Ultium architecture and promises to continue offering “great affordability, range, and technology”.
GM didn’t go into specifics about the underpinning of the upcoming EV. However, the press release mentions that “various Ultium and Ultifi technological advancements” will help the company bring the model “back to the market on an accelerated timeline”. Note that the third-gen platform offers a 40% reduction in battery costs, something that could prove beneficial from an affordability perspective. We also expect the new model to offer a greater driving range and incorporate the latest design and technology advancements from GM’s product portfolio.
While the specific timing of the launch and more details about the next-gen Bolt will be announced at a later date, chances are that it will be around just in time for the 2025 MY.
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Speaking about the model, Mary Barra said: “Our customers love today’s Bolt. 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. We will keep the momentum going by delivering a new Bolt…and we will execute it more quickly compared to an all-new program with significantly lower engineering expense and capital investment by updating the vehicle with Ultium and Ultifi technologies and by applying our ‘winning with simplicity’ discipline.”
The Chevrolet Bolt was originally introduced in 2016 and got facelifted in 2021 with the addition of the longer and more spacious Bolt EUV variant. Last April, GM announced that production of the Bolt EV and EUV at the Orion Assembly plant in Michigan will end in late 2023, making room for Ultium-based electric trucks. Shortly after the announcement, Mary Barra hinted at a next-gen Bolt, although she refrained from giving more information about future products at the time.
