GM has sold more than 175,000 Bolts in the U.S. since it was introduced in 2016. The nameplate began as a hatchback and expanded to include the larger EUV crossover in 2021. The company said nearly 70 percent of buyers who are trading in a vehicle for the Bolt are using a non-GM product.
The new Bolt will join the Chevy brand’s growing EV lineup, which will include the Silverado EV, Blazer EV and Equinox EV, all of which launch this year.
“This is a very capital-efficient, quick way to build on the strong consumer response we have to the Bolt and get an affordable vehicle out into the marketplace,” Barra said. “Frankly, I’m super excited about it.”
