Finally, GM’s CEO Mary Barra announced when we can expect the next-gen Chevy Bolt EV to hit the market. The affordable EV will reemerge on GM’s Ultium platform in 2025.
EV shoppers were disappointed to learn GM was planning to discontinue the current Chevy Bolt at the end of the year.
Barra revealed the news in April: “We have progressed so far, that it’s now time to plan to end the Chevrolet Bolt EV and EUV production.” The news emerged as GM planned to shift to Ultium-based models, including the new electric Chevy Silverado, Blazer, and Equinox EVs.
After a positive response, Barra confirmed GM would launch a next-gen Bolt EV on its Ultium platform.
GM’s leader explained on the company’s Q3 earnings call that the new Bolt will offer “an even better driving, charging, and ownership experience.” One of the biggest will be the introduction of LFP batteries.
The next-gen Chevy Bolt EV will be the first Ultium model in the US to feature LFP batteries, which will help drive down costs.
2023 Chevrolet Bolt EUV Redline Edition (Source: GM)
Last month, sources told Reuters that the new Bolt will be built at its Fairfax, Kansas plant following a new UAW agreement.
According to the report, GM is considering building the Bolt in Fairfax ahead of a new series of premium EVs from Cadillac and Chevy. The new series could also include a performance Corvette EV.
2023 Chevy Bolt EUV (Source: Chevrolet)
GM had yet to confirm other details, including when we could expect to see it launch until now.
Next-gen Chevy Bolt EV coming in 2025
Barra confirmed the next-gen Chevy Bolt is launching in 2025 at the Automotive Press Association in Detroit.
“That’s been something that has been really great this year, and that informed the decision that we’ll have that back again in ’25,” Barra explained Monday (via Automotive News).
Although Barra said last week she was “disappointed with our Ultium-based EV production in 2023,” the company has made “substantial improvements.”
2022 Chevy Bolt EV (Source: GM)
GM expects things to turn around in 2024. The company was “constrained by automation,” but that should be relieved by mid-next year.
Ultium production finally started to pick up in the third quarter. GM delivered 4,222 Ultium-based EVs, representing over 200% growth from Q2 (1,395).
Chevy Blazer EV RS (Source: Chevrolet)
With new models like the Blazer EV rolling out, GM expects sales to improve. Meanwhile, the Chevy Bolt is still carrying the load with 15,835 models sold.
Barra believes affordable EVs like the Equinox and next-gen Bolt will help drive adoption.
Electrek’s Take
Despite the good news on the Bolt successor, GM is pushing back several major EV initiatives. The company announced it’s delaying production of the Equinox, Silverado RST, and GM Sierra Denali EVs by “a few months.”
The delay could set GM back. New affordable EVs are hitting the US market, like Volvo’s EX30 (see our review) and the new Fiat 500e, a segment dominated by the Bolt and Nissan LEAF.
With another two years until launching, GM will miss a critical window of opportunity as EV adoption hits new highs.
The company already delayed the Equinox EV launch. The electric version of Chevy’s best-selling SUV could help bridge the gap as an affordable option, but the promised $30K (now $35K) base model isn’t expected until the end of next year.
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Aviation startup ZeroAvia says it’s been granted a “raft” of 45 new patents key to the development of practical large hydrogen aviation engines – and the company says it has 200 more H-related patents in the pipeline!
The news comes just weeks after ZeroAvia and Scottish regional airline Loganair announced a new, hydrogen-electric “turboprop” replacement motor capable of up to 5MW of shaft horsepower (~6,700 hp). United States Patent and Trademark Office (USPTO) no. 12,341,225 covers an integrated hydrogen-electric engine design land is key to the development of a modular multi-MW hydrogen-electric engine for the ATR 42 and 72 model aircraft — which Loganair owns more than twenty of.
ATR isn’t the only potential customer ZerAvia is eyeballing, either. Despite hydrogen losing ground on utility-scale projects and more companies realizing that it’s “impossible” for hydrogen to compete as a transportation fuel, the fuel still seems to have some practical application in the aviation space. Both Airbus and Boeing have advanced plans and IP for hydrogen-ready airframes in recent weeks, as well, making the IP for large hydrogen-powered aviation engines that much more valuable.
“Recent patents filed and granted around hydrogen aviation give a window into an accelerating field of innovation,” explains Val Miftakhov, Founder and CEO, ZeroAvia. “As we see the large airframe manufacturers beginning to compete on technologies for hydrogen aircraft, there is a big opportunity for companies pioneering hydrogen propulsion systems. These are the inventions that will deliver truly clean, more affordable and highly efficient commercial air travel.”
Importantly, these novel engines promise cost reductions for airlines. The substantially lower maintenance needs of hydrogen-electric engines will mean a decrease in maintenance and downtime for an airline’s fleet, with hydrogen fuel also projected to be significantly more cost effective than kerosene over time.
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You might want to hold onto your handlebars for this one – literally. The fashion-forward British electric scooter maker Bo just unveiled what could be the most extreme electric scooter the world has ever seen. Named The Turbo, this standing e-scooter isn’t just playing around with speed – it’s aiming to smash right through it and find out what’s waiting on the other side.
And it all begs the question, “How much is too much?”
When we talk about fast electric scooters, we’re usually in the neighborhood of 50 mph (80 km/h). But the Bo Turbo doubles those numbers.
With 100 mph+ (160+ km/h) top speeds and claimed acceleration that’s faster than a Tesla, this scooter seems to use a design philosophy pulled straight from the playbook of Formula One. Thus, it should come as no surprise that the team behind The Turbo includes engineers with experience from Williams F1 and the Bloodhound Land Speed Record rocket car.
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Bo Turbo looks at home in the Bo-nnevile salt flats
The world’s fastest e-scooter?
Built on the same base chassis as the company’s sleek road-going Bo Model-M, The Turbo takes everything up a notch – actually, several notches. It features a 24,000 W dual-motor powertrain, 1,800 Wh battery, advanced traction control, and a power-to-weight ratio that reportedly beats a Bugatti Veyron.
At full power, the system is capable of propelling riders down a straightaway at three-digit speeds while standing upright. It’s absurd. It’s glorious. It’s gratuitous. It’s a dream. Or it’s a nightmare.
Bo says the machine is already delivering 85+ mph (137+ km/h) in early track testing at Goodwood Motor Circuit and is currently in development to push beyond the 100 mph barrier under Guinness World Record supervision.
And just in case you’re wondering if this is some experimental prototype cooked up in a lab – it’s not. The company is planning a limited run of built-to-order Turbo scooters, starting at a whopping $29,500. The first one is scheduled for delivery to a collector in Madrid during the 2026 Formula One race weekend.
The Bo Turbo shares the same chassis as the more mild-mannered Bo M scooter
From F1 brake ducts to street scooter DNA
Despite the headline-grabbing speed numbers, there’s a ton of serious engineering going on here. The Turbo uses ram-air intakes based on F1 brake cooling designs to keep the motors and controllers from overheating. The chassis – made from aerospace-grade aluminum and CNC-machined billet parts – is based on Bo’s proven Monocurve platform, the same structure that underpins the Bo Model-M. In fact, that might be the most impressive part of all, that the same chassis used underneath their everyday-ride-it-to-work Bo Model-M scooter is also holding together this 100 mph beast.
Bo’s team insists that despite the monster specs, The Turbo remains “surprisingly rideable.” Professional BMX rider Tre Whyte has piloted over 20 high-speed test runs, with the team now preparing to push the envelope even further.
A wild PR stunt – or something more?
It’s tempting to see The Turbo as just a headline machine (and hey, it works), but Bo says this project is about more than just chasing speed records. According to Bo CEO Oscar Morgan, “The Turbo is part of our mission to elevate these futuristic electric vehicles into the top tier of automotive performance.”
And honestly, they’ve got a point. E-scooters have exploded in popularity as low-speed urban vehicles, but the category rarely gets taken seriously in the performance world, despite the advent of racing leagues. Bo wants to change that – and they’re using motorsport technology to do it.
Electrek’s Take
Is this a practical daily rider? Absolutely not. But that’s not the point.
Bo is doing what so few e-scooter companies are willing to do – pushing boundaries, proving performance, and trying to make scooters feel exciting, not just functional. Whether The Turbo hits 100 mph or not, it’s already helped raise the bar for what electric micromobility can be. And if that means they develop safer and stable ways to build scooters along the way, then all the better.
The fact that they actually plan to sell these is a bit worrying, though the $30k pricetag means the local teens on your street aren’t going to be terrorizing the sidewalks with them. Well, not unless you’ve got an oil sheikh and his teenagers living on your street.
But hey, if you’ve got thirty grand and a need for painful death levels of speed – maybe this is your next toy.
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Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American nation of Guyana, Exxon CEO Darren Woods told CNBC’s Becky Quick on Friday.
The ruling by the International Chamber of Commerce in favor of Chevron clears the way for the oil major to complete its $53 billion acquisition of Hess Corporation.
Chevron shares jumped about 3% in premarket trading.
“We disagree with the ICC panel’s interpretation but respect the arbitration and dispute resolution process,” Exxon said in a statement Friday.
The dispute had created significant uncertainty over whether Chevron’s acquisition of Hess would close, weighing on the oil major’s stock performance. The transaction would have failed if Exxon had prevailed.
Exxon and China National Offshore Oil Corporation had filed an arbitration case with the ICC, claiming a right of first refusal over Hess’s assets in the Stabroek Block, an oil development off the coast of Guyana.
Hess has a 30% stake in an oil patch, while Exxon leads the project with a 45% stake and CNOOC maintains 25% stake.
“We welcome Chevron to the venture and look forward to continued industry-leading performance and value creation in Guyana for all parties involved,” Exxon said.