GM Ending Production of Bolt EV, EUV Models

[NINETY EIGHT REGENCY]

https://www.thedetroitbureau.com/2023/04/gm-ending-production-of-bolt-ev-euv-models/

[smk4565]

This makes no sense, EV's are on the rise so they kill their #1 selling EV.  If anything just do a next generation Bolt with the Ultium battery, Chevy needs a an EV priced under the Equinox EV.

[surreal1272]

Some folks should actually read the article before showing their fake outrage.

[oldshurst442]

23 minutes ago, smk4565 said:

This makes no sense, EV's are on the rise so they kill their #1 selling EV.  If anything just do a next generation Bolt with the Ultium battery, Chevy needs a an EV priced under the Equinox EV.

 

 

Quote

Once production of the Bolt EV and EUV models ends, the automaker will make major updates to its EV plant in Orion Township, Michigan for those new products, Barra added noting that, “When Orion EV assembly reopens in 2024 and reaches full production, employment will nearly triple and we’ll have a company-wide capacity to build 600,000 electric trucks annually.”

 

[smk4565]

3 minutes ago, oldshurst442 said:

 

 

 

They keep saying they are going to ramp production up, yet they sold 2 Hummer EV's in Q1 and 968 Lyriqs.  Ultium is on a 4,000 unit per year rate right now, getting to 600,000 is a big leap.  And you need something below the Equinox, which when they say more EV's are coming, they reference full size trucks, and the Blazer, and it seems they are looking at higher price point products at a time when GM's China business is down 25% this year, and their full size pickups are losing market share in the US. 

They might as well hand the deed for Renaissance Center to Tesla now.

[oldshurst442]

The Bolt and Bolt EUV have run their course.

GM has got better tech to replace the older tech that powers the Bolt and Bolt EUV

But...GM hasnt got (or at least announced) an EV that is priced where the Bolt and Bolt EUV is at.  The Equinox EV is 10 000 dollars more than the Bolt.  20 000 versus 30 000.  But the Bolt is also a sub compact.  Americans dont like sub compacts.  So...

Gm has decided to nix an older tech subcompact that Americans dont want...but is more than enough for their urban needs for a more practical and desireable yet slightly more pricier vehicle that Americans WILL buy more of but dont necessarily need as even a compact sized Equinox EV is too much car for the average American.  So...

Bottom line is:

The Bolt and Bolt EUV have run their course.   Just like how the Model T from Ford and the Kafer aka Type 1 aka Beetle from  Volkswagen have ran their course once upon a time ago...   

 

1 minute ago, smk4565 said:

They keep saying they are going to ramp production up, yet they sold 2 Hummer EV's in Q1 and 968 Lyriqs.  Ultium is on a 4,000 unit per year rate right now, getting to 600,000 is a big leap.  And you need something below the Equinox, which when they say more EV's are coming, they reference full size trucks, and the Blazer, and it seems they are looking at higher price point products at a time when GM's China business is down 25% this year, and their full size pickups are losing market share in the US. 

They might as well hand the deed for Renaissance Center to Tesla now.

 

[smk4565]

5 minutes ago, oldshurst442 said:

 

Bottom line is:

The Bolt and Bolt EUV have run their course.   Just like how the Model T from Ford and the Kafer aka Type 1 aka Beetle from  Volkswagen have ran their course once upon a time ago...   

 

The Suburban is like 80 years old, the Corvette is 70 years old and they are still here.  It's called you can update a car with a new powertrain and updated interior and body to keep it relevant.  But GM does love to throw away brand names like they are tissues, as they can go from Cavalier, to Cobalt to Cruze in under 10 years, throw away Impala and Camaro only to bring them back and throw them out again.  

Perhaps Chevrolet has run their course.  I think overall GM has a pretty good EV strategy, assuming they can execute on it, but they better be careful, the Tesla charge is on, and Elon is willing to sacrifice margin for market share domination.  And the market size isn't growing, so some players are going to die as Tesla takes over.

[surreal1272]

Again,

 

"General Motors is ending production of its Chevrolet Bolt models by the end of this year, the Michigan automaker said Tuesday, adding that the local plant currently tasked with making the Bolt will be converted for the manufacturing of electric pickup trucks."

 

 

3 minutes ago, smk4565 said:

But GM does love to throw away brand names like they are tissues, as they can go from Cavalier, to Cobalt to Cruze in under 10 years, throw away Impala and Camaro only to bring them back and throw them out again.  

A fan of the soon to be name changed EQ lineup says what?

 

Again, with your phantom issues.

[oldshurst442]

9 minutes ago, smk4565 said:

The Suburban is like 80 years old, the Corvette is 70 years old and they are still here.

[oldshurst442]

 

 

 

Each and every Corvette, 911, Suburban...each generation RAN ITS COURSE...

 

The Bolt and Bolt EUV will leave its place for the next gen EV Suburban...

 

Im going to watch last week's episode of Survivor with my daughter and wife.   Its a more enlightening experience than speaking with you @smk4565 when you deliberately act obtuse.  

Good Night dude! 

 

[smk4565]

16 minutes ago, surreal1272 said:

Again,

 

"General Motors is ending production of its Chevrolet Bolt models by the end of this year, the Michigan automaker said Tuesday, adding that the local plant currently tasked with making the Bolt will be converted for the manufacturing of electric pickup trucks."

 

 

A fan of the soon to be name changed EQ lineup says what?

 

Again, with your phantom issues.

Pickups aren't $30,000, and the EQ name is actually going away, because it is stupid.

[bobo]

I'm on my second Chevy Bolt EV, and it's a great car but far from current in its technology.  GM could continue to sell it for the next couple of years, but I could see their reasoning of converting the factory to make larger, more profitable vehicles.  I like the subcompact size of the Bolt EV, and that's why I chose it over the slightly larger Bolt EUV.   I was even fine with the size of my old Spark EV, though the range of that vehicle was lacking.  People like bigger vehicles, and GM will make much more money on the upcoming Equinox EV, Blazer EV, and Silverado EV.  The Equinox EV is particularly attractive in its entry price, though I suspect the volume models will be in the $40k range.

[surreal1272]

11 hours ago, smk4565 said:

Pickups aren't $30,000, and the EQ name is actually going away, because it is stupid.

You are approaching black hole levels of density here. It's not about the $30K price tag itself. It's to increase production on their other EVs on the NEWER PLATFORM (Ultium) that carry much larger profit margins and trucks are what folks want, so it makes 100% sense that they would convert the Bolt facilities over to the more profitable EVs. You want to make this some kind of phantom issue, yet again, because trolling anything NOT Mercedes is your go to around here. NO facts. NO context. Just more of the SMK trolling. Well, guess what? No one is buying this BS of yours so find an original argument for once, instead of just pulling the same debunked nonsense of your posterior. 

 

And you called the EQ name "stupid" but yet we won't find endless phantom issue related posts tied to it like you are doing here. Wonder the F why?

Edited April 26 by surreal1272

[ccap41]

14 hours ago, oldshurst442 said:

But...GM hasnt got (or at least announced) an EV that is priced where the Bolt and Bolt EUV is at.  The Equinox EV is 10 000 dollars more than the Bolt.  20 000 versus 30 000.  But the Bolt is also a sub compact.  Americans dont like sub compacts. 

The Bolt is listed at 26,500, EUV at 27,800 and "supposedly" the Equinox is going to start at 30,000. 

I understand why they'd drop them, but it "feels" like they should or could keep the cheaper of the two and possibly drop the price to maybe 25,000 so there's still a little price AND size gap between the Bolt and Equinox EV. It's also very simple to just say "drop the price" on something. Obviously that isn't how that actually works. 

[smk4565]

3 hours ago, surreal1272 said:

You are approaching black hole levels of density here. It's not about the $30K price tag itself. It's to increase production on their other EVs on the NEWER PLATFORM (Ultium) that carry much larger profit margins and trucks are what folks want, so it makes 100% sense that they would convert the Bolt facilities over to the more profitable EVs. You want to make this some kind of phantom issue, yet again, because trolling anything NOT Mercedes is your go to around here. NO facts. NO context. Just more of the SMK trolling. Well, guess what? No one is buying this BS of yours so find an original argument for once, instead of just pulling the same debunked nonsense of your posterior. 

 

And you called the EQ name "stupid" but yet we won't find endless phantom issue related posts tied to it like you are doing here. Wonder the F why?

I get what GM is doing by focusing on expensive high margin products.  My question is who is going to buy these expensive trucks?  GM already has a 120 day supply of full size trucks at dealers and the plan is to make even more expensive trucks?

When the ICE F150 dies you are looking at $60k for a base truck and $80k for a mid-level.  The masses can’t afford that.  And I doubt the Lightning ever drops back to $40k.

As legacy automakers push the prices up so high that middle class people can’t afford a new car that lowers overall volume and thus also lowers used car availability too since less new cars are sold.

Tesla will solve this problem, so I am not really worried about it.  I just think it is stupid for legacy auto to basically hand over 25% market share come 2030.  Because GM and Ford might be able to survive on 3 million units a year if they focus on big SUVs and trucks, but most car makers can’t survive at 60% or half of their current volume, once the Chinese brand and Tesla take over.

[ccap41]

4 minutes ago, smk4565 said:

When the ICE F150 dies you are looking at $60k for a base truck and $80k for a mid-level.  The masses can’t afford that.  And I doubt the Lightning ever drops back to $40k.

You're assuming economies of sale and technological advances won't make them more reasonably priced. I think that's a poor assumption, IMO. 

[surreal1272]

1 hour ago, smk4565 said:

GM already has a 120 day supply of full size trucks at dealers and the plan is to make even more expensive trucks?

They don’t have EV trucks like that and clearly your 120 number means Jack since they sell over a half million pick ups a year. Again, phantom issues made up by you. For example, everyone knows that the last few months are alway the slow time of the year so inventories increase everywhere, every year. That’s why the number of days on lot are higher. It’s not that hard to figure unless, again, you want to make a phantom issue out of it. 

1 hour ago, smk4565 said:

When the ICE F150 dies you are looking at $60k for a base truck and $80k for a mid-level.  The masses can’t afford that.  And I doubt the Lightning ever drops back to $40k

This is about GM, not Ford. 

Edited April 26 by surreal1272

[oldshurst442]

8 hours ago, ccap41 said:

The Bolt is listed at 26,500, EUV at 27,800 and "supposedly" the Equinox is going to start at 30,000. 

I understand why they'd drop them, but it "feels" like they should or could keep the cheaper of the two and possibly drop the price to maybe 25,000 so there's still a little price AND size gap between the Bolt and Equinox EV. It's also very simple to just say "drop the price" on something. Obviously that isn't how that actually works. 

I get that.

I had the same sentiment about maybe keeping the EUV and slashing the price tag of it.  Like you said.  Because the Ultium platformed Equinox EV might not be a profit maker below 30 000.  And the way car prices have been going, a 25 000 dollar EV might be just the ticket to help with the EV transition away from ICE.  

But then again, we dont know what GM has in store with the Ultium platform below the Equinox EV.  There might very well be a model that GM is keeping a secret just yet...  

I think that GM thinks the Ultium platform is just soooo much more and advanced than the old tech Bolt that they figure when the Ultium finally gets here, the Bolt will rot on the lots because people wont buy it. They will gravitate to the Equinox EV instead.    Kinda like how they decided NOT to offer the C7 alongside the C8 Corvette. They feared the transition to mide engine will alienate the core Vette buyers but when the C8 finally was final, they decided to nix that idea as the C8 made the C7 really look dated and ancient.  Same principle here is what I think is happening. 

[NINETY EIGHT REGENCY]

 

[smk4565]

7 hours ago, ccap41 said:

You're assuming economies of sale and technological advances won't make them more reasonably priced. I think that's a poor assumption, IMO. 

None of them have yet to lower EV prices or show that they can make money on EV's or scale up.  They might get there, but how long is it going to take?   And will they have any market share left when they do get there if they just keep rolling out high dollar EV's and nothing middle class buyers can afford.

[smk4565]

51 minutes ago, oldshurst442 said:

I get that.

I had the same sentiment about maybe keeping the EUV and slashing the price tag of it.  Like you said.  Because the Ultium platformed Equinox EV might not be a profit maker below 30 000.  And the way car prices have been going, a 25 000 dollar EV might be just the ticket to help with the EV transition away from ICE.  

But then again, we dont know what GM has in store with the Ultium platform below the Equinox EV.  There might very well be a model that GM is keeping a secret just yet...  

I think that GM thinks the Ultium platform is just soooo much more and advanced than the old tech Bolt that they figure when the Ultium finally gets here, the Bolt will rot on the lots because people wont buy it. They will gravitate to the Equinox EV instead.    Kinda like how they decided NOT to offer the C7 alongside the C8 Corvette. They feared the transition to mide engine will alienate the core Vette buyers but when the C8 finally was final, they decided to nix that idea as the C8 made the C7 really look dated and ancient.  Same principle here is what I think is happening. 

But if there isn't something below the Equinox EV, GM is basically saying there will be no cars under $30k and I doubt they can even deliver on the $30k Equinox.  And the Chevy Blazer is the cost of a Cadillac XT5.  Once Chevrolets cost what Cadillacs cost now, I don't see a lot of Chevrolet customers being able to afford the Cadillac prices, which will just send them to Tesla.  And same goes for Ford, Nissan, Toyota, etc.  Because Tesla is going for volume and is going to have a sub $30,000 car. 

[NINETY EIGHT REGENCY]

 

[surreal1272]

12 hours ago, NINETY EIGHT REGENCY said:

 

Domestic brand naysayers should actually watch this video and read the actual related articles before showing their "outrage" at a brand they were never going to buy in the first place. 

[ccap41]

14 hours ago, oldshurst442 said:

But then again, we dont know what GM has in store with the Ultium platform below the Equinox EV.  There might very well be a model that GM is keeping a secret just yet...  

This is what my gut tells me, there will eventually be a cheaper Bolt replacement. 

14 hours ago, smk4565 said:

None of them have yet to lower EV prices or show that they can make money on EV's or scale up.  They might get there, but how long is it going to take?   And will they have any market share left when they do get there if they just keep rolling out high dollar EV's and nothing middle class buyers can afford.

Uhhh maybe when all of their factories are up and running for EVs..? 

Also, have you not paid any attention to the Bolt? When it came out it was priced at 37,500. Today a Bolt is 26,500. 

[surreal1272]

54 minutes ago, ccap41 said:

This is what my gut tells me, there will eventually be a cheaper Bolt replacement. 

Uhhh maybe when all of their factories are up and running for EVs..? 

Also, have you not paid any attention to the Bolt? When it came out it was priced at 37,500. Today a Bolt is 26,500. 

Nissan also lowered the Leaf price over time. if I am not mistaken. There is precedence but it does matter because as it has already been discussed, ICE prices are leaving middle class territory so why the bickering over price now? Because $30K is the mythical number SMK can hold over companies since his favorite company no longer has a sub $30K car. It's made up nonsense. Every car, ICE or EV, has seen some kind of price increase over the course of forever. If GM feels fine with only the Equinox hitting the $30K mark, so be it. They are already selling the gas model at $26K base and it doesn't come with the same standard equipment as even the base EV model. They are selling 3 banger wannabe CUVs at $22K (with the 2024 model Trailblazer jumping to over $23K) to begin with so $30K for a better equipped EV model is not that far of a swing. It's not that far of a swing if it's even a few grand more than that.

Edited April 27 by surreal1272