As is often the case, fate took an unexpected twist, so the Chevy Bolt would continue its career long after it was supposed to exit the stage. In an earlier article, I speculated that Chevy Bolt was the beneficiary of free batteries from LGES following the battery recall. There's no other explanation for Chevrolet's frenetic move to increase Bolt's production while at the same time complaining that under $40,000 EVs are unprofitable. Selling at about $27,000, the Bolt could never be profitable unless such a deal was made between GM and LGES.
That's why, instead of ending production in early November as planned, the Chevrolet Bolt will continue its career for at least another month. This also means that the order books will remain open beyond the August 17 deadline announced earlier. The carmaker is reluctant to end its production since the Bolt EV and Bolt EUV are currently the best-sold electric vehicles in the GM lineup. Especially as production of Ultium-based EVs is still struggling to pick up pace.
It's unclear how long it will take until GM pulls the plug on the Bolt, but prospective buyers now have at least another month to order their very affordable EV. New information from GM Authority reveals that Chevrolet will stop taking more orders for the Bolt EUV Redline Edition after September 14. This doesn't mean you can't order the Bolt EUV anymore, just that you won't be able to order it with the Redline Edition package after that date. The last car with the package will be built during the week starting on November 20.
The latest decision to extend the Chevy Bolt's career makes it one of the longest production runs for a model year. The 2023 Chevrolet Bolt EV and 2023 Chevrolet Bolt EUV production started in July 2022. This means ending production in December will result in a 17-month production run. The electric models that defied expectations will later be converted to use Ultium batteries and motors, as announced by GM CEO Mary Barra. This doesn't mean a completely new model but rather a redesign with newer technology. Still, given how GM struggles with Ultium production, it's not necessarily a good thing.