Last Tuesday (25) General Motors (grandmaster) stated that the electric Chevrolet Bolt will cease production in 2023. The intention is to change the production of zero-emission vehicles to SUVs This trucks which will use an unprecedented battery platform. Mary BarraGM’s chief executive told investors, “We’ve made so much progress that now it’s time to plan for the discontinuation of the Chevrolet Bolt electric vehicle.”

Last year, the automaker sold 38,120 units from Bolt. IN 2021were sold 24,828 units. It is General Motors’ first mass-produced electric vehicle, accounting for approximately 90% of the automaker’s U.S. sales in this niche.

(Loans: Chevrolet Bolt EV / Disclosure)

GM plans to increase production of electric vehicles by 2025

Regardless of the company’s decision Boltengaged in production 400 thousand electric vehicles for the North American market between 2022 and 2024. By 2025, the goal is to increase production capacity to 1 million units per year.

In the same time, in Japananother traditional name for the industry, Honda applies new strategies to fight China when it comes to electric vehicles. Traditional automakers are reinventing themselves at this stage, aiming for zero-emission vehicles as strong new competitors have emerged in recent years, such as Teslabillionaire company Elon Muska reference to his modern cars.

For now, it remains to wait to observe the development of this situation. what is your opinion about this topic? Share your point of view on this issue and follow our social networks to receive a variety of news!

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Source: UOL, Chevrolet

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