GM, one of the world’s leading automakers, has revealed plans to stop producing the popular Chevrolet Bolt electric vehicles by the end of this year. The company is shifting gears and focusing on the future of electric trucks, which is sure to capture the attention of environmentally-conscious drivers everywhere.
Orion Assembly Plant Transformation: A New Era of Electric Truck Production
The Orion Assembly plant in Michigan is getting a major makeover, as GM is gearing up to produce their new electric trucks, the GMC Sierra EV and Chevrolet Silverado EV. As a result, it’s time for the Chevrolet Bolt EV and EUV to take a bow and make way for these exciting new vehicles. When the revamped Orion EV Assembly plant opens its doors in 2024, it’s going to be a game changer – employment at the facility will nearly triple, and the plant will be able to churn out a staggering 600,000 electric trucks each year!
The Ultium Electric Platform: A Key Factor in the Bolt’s Phase-Out
GM is investing a cool $4 billion into the Orion Assembly plant to develop their cutting-edge electric trucks, based on their brand-new Ultium electric platform. The writing was on the wall for the Bolt, as it didn’t utilize the Ultium platform, and with Orion being named an EV truck plant, the Bolt’s days were numbered.
The Chevrolet Bolt’s Journey: Triumphs and Challenges
The Chevrolet Bolt first hit the market in late 2016, followed by its larger sibling, the EUV, in 2021. Unfortunately, GM had to recall all Bolts last year due to battery fire risks stemming from manufacturing defects. But the company bounced back, lowering the Bolt’s prices and setting their sights on record sales. In fact, in the first quarter of this year, GM sold an impressive 20,000 electric vehicles, largely thanks to the Bolt’s sales skyrocketing 54 times to reach record levels. Before production comes to a halt, GM is aiming to produce more than 70,000 Bolts this year.
Chevrolet’s Electric Lineup Expands: Equinox and Blazer Join the Party
But fear not, Chevy fans! In addition to the Silverado, Chevrolet is also kickstarting production of the electric Equinox and Blazer this year. The future of electric vehicles is bright, and GM is driving full speed ahead to make it even brighter. So, buckle up and get ready for a thrilling ride into the world of electric trucks!