WEBVTT

1
00:00:00.150 --> 00:00:02.220
- [Dan] The writing is on
the wall for the Chevy Bolt

2
00:00:02.220 --> 00:00:03.540
and Bolt EUV.

3
00:00:03.540 --> 00:00:06.000
General Motors is focused
on its new Ultium platform

4
00:00:06.000 --> 00:00:08.160
for all of its electric
vehicles going forward.

5
00:00:08.160 --> 00:00:09.330
Meaning the Bolt,

6
00:00:09.330 --> 00:00:11.340
it's living on outdated
battery technology.

7
00:00:11.340 --> 00:00:13.770
Plus Bolt sales have always
been a little underwhelming.

8
00:00:13.770 --> 00:00:16.020
Americans just don't seem
to have much interest

9
00:00:16.020 --> 00:00:18.060
in compact electric hatchbacks.

10
00:00:18.060 --> 00:00:20.430
The Bolt also faced some
pretty major problems

11
00:00:20.430 --> 00:00:22.920
with those thermal runaway issues.

12
00:00:22.920 --> 00:00:25.140
In other words, battery fires.

13
00:00:25.140 --> 00:00:27.510
Nearly 20 Bolts caught fire, leading GM

14
00:00:27.510 --> 00:00:29.820
to recall every Bolt it ever made.

15
00:00:29.820 --> 00:00:31.980
GM shifted much of the
blame for those fires

16
00:00:31.980 --> 00:00:33.930
onto its battery supplier, LG.

17
00:00:33.930 --> 00:00:35.430
Now it seems like the Bolt is headed

18
00:00:35.430 --> 00:00:36.540
for the end of the road.

19
00:00:36.540 --> 00:00:39.090
Chevy's Vice President of
Marketing hinted that the Bolt

20
00:00:39.090 --> 00:00:40.860
won't be around forever in an interview

21
00:00:40.860 --> 00:00:42.397
with the Detroit Free Press.

22
00:00:42.397 --> 00:00:43.548
"It's a great product right now.

23
00:00:43.548 --> 00:00:45.577
"It will be with us for some time,

24
00:00:45.577 --> 00:00:47.557
"but as we scale and ramp volume here,

25
00:00:47.557 --> 00:00:48.870
"portfolios change."

26
00:00:48.870 --> 00:00:51.090
With electric versions
of the Blazer, Silverado,

27
00:00:51.090 --> 00:00:52.560
and Equinox coming soon,

28
00:00:52.560 --> 00:00:54.690
Chevy will have plenty
of battery powered models

29
00:00:54.690 --> 00:00:56.850
to fill the gap left by
the Bolt's departure.

30
00:00:56.850 --> 00:00:58.110
But until that happens,

31
00:00:58.110 --> 00:01:01.080
GM is slashing prices
on the Bolt and Bolt EUV

32
00:01:01.080 --> 00:01:02.970
making it the cheapest
new electric vehicle

33
00:01:02.970 --> 00:01:04.110
you can buy in America.

34
00:01:04.110 --> 00:01:06.907
For more EV news, check out jalopnik.com.