GM CEO Mary Barra said during the company’s Q2 earnings call that the new Bolt will be brought to market on “an accelerated timeline” but didn’t provide specific details regarding a launch date for the affordable EV after GM announced in April that it would stop manufacturing the original model that was plagued by fires and an expensive battery recall.
“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,” said Barra. “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.”
At present, Ultium batteries are only used in a handful of GM vehicles — including the Cadillac Lyriq SUV, the $90,000 GMC Hummer, and delivery vans under the automaker’s BrightDrop subsidiary brand.
Source: Chevrolet
