The automotive landscape is shifting towards all-electric vehicles faster than ever. Among the many EVs available today, the Chevrolet Bolt EV and its larger Bolt EUV sibling remain as two of the most affordable in the market. Despite that, a new report says that Chevrolet doesn’t really see a place for the Bolt in its long-term future portfolio plans.
That report cites the shift from the Bolt’s electric architecture to General Motors’ new Ultium platform as one of the biggest reasons that the Bolt will be discontinued down the line. If true, it would follow directly in the footsteps of the Chevrolet Volt which bowed out in 2019 in part to make room for the Bolt.
“Will Bolt be in our portfolio ‘x’ numbers of years from now? No, it won’t,” Steve Majoros, Chevy’s vice president of marketing, told the Detroit Free Press. “It’s a great product right now. It will be with us for some time. But as we scale and ramp volume here, portfolios change.”
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