The subsequent-generation Chevy Bolt is on the verge of launch, with GM confirming that manufacturing is ready to start out by the yr’s finish. Moreover, the corporate has introduced plans for an additional reasonably priced electrical car coming quickly, although particulars stay scarce.
After committing round $4 billion to boost manufacturing capabilities within the U.S. over the subsequent two years, GM shared {that a} new “next-gen reasonably priced EV” is within the works. This car will probably be manufactured on the Fairfax Meeting plant in Kansas, the place the upcoming Chevy Bolt EV may also be produced. The power is anticipated to start assembling 2027 Bolt EV fashions by year-end and plans so as to add the gas-powered Equinox by mid-2027.
Fairfax will function the hub for GM’s new reasonably priced EV fashions, beginning with the next-gen Bolt. Whereas particular particulars about this low-cost electrical car are nonetheless unknown, it’s more likely to be a part of a brand new sequence of Bolt fashions.
Final yr, GM’s president, Mark Reuss, indicated that the 2027 Bolt EV will probably be a part of a “household of Bolts,” which incorporates much more economically accessible choices.
Although the preliminary pricing for the brand new mannequin is anticipated to be barely above the outgoing Bolt’s MSRP of $28,785, GM ensures that it’s going to include vital enhancements. CEO Mary Barra highlighted that the next-gen Bolt will present “an excellent higher driving, charging, and possession expertise.”
This mannequin may also be the primary Ultium-based car in North America to make the most of LFP batteries, which can assist decrease costs. Earlier this yr, a camouflaged car resembling the brand new Bolt was noticed amongst different GM electrical fashions.
Because the launch approaches, extra data concerning GM’s next-gen reasonably priced EV will probably be revealed.
Electrek’s Perspective
GM’s current $4 billion funding goals to spice up U.S. manufacturing for each gasoline and electrical automobiles, serving to the corporate navigate the impacts of current automotive tariffs. The brand new tariffs have disrupted the auto business, prompting adaptive adjustments in manufacturing plans throughout producers.
Along with the upcoming reasonably priced EV, GM has an current profitable mannequin available on the market. The Equinox EV has helped Chevy surpass Ford, establishing itself because the second-best-selling EV model within the U.S. this yr, with Chevy promoting over 37,000 EVs by means of Might in comparison with Ford’s 34,000.
GM promotes the Equinox EV as “America’s most reasonably priced 315+ mile vary EV,” with beginning costs under $35,000. It’s a testomony to the rising demand for accessible, long-range electrical automobiles. With a wide range of next-gen reasonably priced EVs on the way in which, GM goals to slim the hole with Tesla within the U.S. EV panorama.
GM will quickly supply an electrical car for each phase, starting from entry-level choices just like the Chevy Bolt and Equinox EVs to midsize (Chevy Blazer EV), pickups (Chevy Silverado EV, GMC Sierra EV, GMC Hummer EV), and luxurious automobiles (Cadillac Lyrqi, Optiq, Vistiq, and Escalade IQ).
With 13 all-electric automobiles now obtainable, GM has offered over 62,000 EVs within the U.S. by means of Might. The corporate lately introduced that it surpassed Tesla to change into the highest EV vendor in Canada for the primary quarter.
Extra insights will probably be revealed quickly, as GM plans to announce Q2 gross sales on July 1. Notably, Might marked the corporate’s second-best month for EV gross sales to this point, resulting in an intriguing Q2 report on the horizon.
