The Bolt EV is not coming back in Ultium format, according to recent statements made by GM. Instead, GM will resurrect the larger Bolt EUV and place it right alongside the Equinox EV in the latest example of the long line of inexplicable moves by GM in the EV space.
The Chevy Bolt EV is GM’s most popular and best-selling EV, which is currently enjoying its best year of sales ever. The EUV is a newer, larger variant of the Bolt EV, which has been selling better in recent years, but the Bolt EV is still the overall better seller across the history of the nameplate.
The Bolt EV as a hatchback is a unique vehicle in a market full of CUVs and SUVs.
But the Bolt is based on GM’s old battery platform, and GM’s Ultium platform is the new hotness.
So, the Bolt EV is going out of production at the end of this year, to be replaced by an Ultium-based Bolt which we now know is coming in 2025.
But it turns out that we won’t actually be getting a Boltium EV – we’ll only get the larger, more expensive EUV version.
GM CEO Mary Barra gave the first hint last month that the Ultium Bolt would take “the best attributes of the Bolt EUV”
“Our prior portfolio plans included several newly designed vehicles in the entry level segments and a capital commitment of $5 billion over the next several years. However, by leveraging the best attributes of today’s Bolt EUV, as well as Ultium platform, our software, and NACS, we will deliver an even better driving, charging, and ownership experience with a vehicle we know customers love. In the process, we are saving billions in capital and engineering expenses, delivering a significantly cost improved battery pack using purchased LFP cells. We are getting to market at least two years faster. And unit cost will be substantially lower.”
GM CEO Mary Barra
There was some hope that this statement was ambiguous enough and that Barra meant to cover both the EV and EUV with it, but alas, it seems not to be the case.
We think this is a big mistake, especially given all the recent excitement around the Volvo EX30, a vehicle quite close to the Bolt EV’s footprint and layout. Given the interest we’re seeing in that small, well-priced hatchback/SUV, which despite being called an SUV is still among the smaller EVs currently being introduced, one would think that GM might see that a “Hot Hatch meets MicroSUV” format is popular. Surely that’s why they were bringing back the Bolt in the first place?
Besides, Chevy already has the Equinox EV coming out soon, which fits into the “small(ish)” SUV segment and while longer and slightly wider than the EUV, has the same amount of cargo space. A Bolt EV-sized hot hatch could compare favorably against the Volvo EX30, and offer more differentiation against the larger Equinox, but now, Chevy will just have three electric SUVs and nothing for customers who want something smaller, or who want a sedan, or who want… anything but an SUV.
So it seems like the SUV virus has infected everyone – including the best deal in all of EVs.
Something for everyone? How about… any car?
This week, we drove the Blazer EV, which you’ll hear our impressions of on Wednesday. During that event, Chevy told us that it has “something for everyone,” accompanied by this slide:
Well, I like driving small cars. What, in that graphic, is for me? Am I not part of “everyone?” Feel free to tell us in the comments below if you, too, are not part of everyone.
But this is a reflection of SUVs being the largest segment in the US vehicle market right now. Vehicles in the US have been getting bigger and bigger, leading to higher pedestrian deaths and much worse emissions.
SUVs are everywhere – is it consumer demand, or something else?
There are a number of reasons for this, though most observers go no further than to pretend that it is solely due to consumer demand. But that’s not the whole story – Americans are being pushed towards SUVs in many ways.
Right out of the gate, just look at the graphic above. America’s largest manufacturer simply doesn’t offer anything but SUVs. If that’s the case, it’s tough for anyone who doesn’t want an SUV to find a car to buy, doesn’t it?
The only vehicle on that list which might not qualify as an SUV is the Bolt EV hatchback. It’s still tall, but at least it’s pretty compact at 163″ in length (by comparison, the upcoming Equinox EV is 190″ long – and yet has an identical 57 cubic feet of cargo space as the Bolt, both with seats down).
So, maybe GM does have a vehicle for those of us who don’t want SUVs? Well, maybe… unless you ask GM, whose advertisements fail to mention that the car even exists.
This recent Bolt EUV ad refers to the Bolt EUV as the “most affordable EV in America,” which is factually untrue. In fact, the Bolt EV is the most affordable EV in America, not the EUV, as the EV is $1,300 cheaper than the EUV.
And of course GM, and its dealers, would rather sell you a more expensive car than a more reasonable and responsible one. SUVs tend to be more expensive, and automakers have attached value to the term, and thus will happily push customers into far more car than they need or want in order to get a few more dollars out of them.
Beyond that, regulations also push manufacturers into producing more SUVs. Fuel economy regulations have long included a “footprint rule” that allows larger vehicles to get away with lower fuel efficiency, ironically encouraging manufacturers to build larger, less efficient vehicles to help meet fleet economy regulations.
Even new, EV-specific regulations have this problem. The Inflation Reduction Act includes tax credits for EVs – but these are capped at $55,000 MSRP for cars and $80,000 for SUVs and trucks, which means manufacturers can make more revenue by channeling people into EV SUVs.
But in a possible saving grace for regulations, the most recent EPA regulations do include an extremely exciting line: “EPA is proposing … to narrow the numerical stringency difference between the car and truck curves.” This suggests that the EPA understands it messed up and is trying to correct the error that has led to the pedestrian-killing SUV takeover of the market, but it will take years until we see the effects of this positive move.
SUVs may be the more dominant segment due to the various reasons listed above, but even despite all of these entities pushing consumers towards land yachts, cars still carry on. GM shared a slide showing that 30% of EVs are still cars, not SUVs:
And yet, with this move, GM is ignoring 30% of its customers by eliminating the one car-like EV it sells. “Something for everyone,” right?
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bp pulse is continuing to roll out public DC fast charging across the US, and the company has opened its first-ever site in Arizona, along with new fast-charging locations in Texas, Florida, and Ohio.
In Arizona, bp pulse’s first site is now online at the Petro Travel Center in Eloy, just off Interstate 10 at Exit 200 (pictured). The location features 16 charging bays delivering up to 400 kilowatts, with both CCS and NACS connectors available. While charging, drivers can take advantage of the travel center’s onsite diner, convenience store, ATM, barber shop, and restrooms.
In South Florida, bp pulse’s new fast-charging site is at 2400 Miami Road in Fort Lauderdale, about three miles from Fort Lauderdale–Hollywood International Airport. The site features 16 charging bays, offering a mix of 150 kW and 400 kW speeds, with both CCS and NACS connectors. Its proximity to the airport makes it a handy stop for ride-hail drivers, EV rental returns, and airport pickups and drop-offs, with hotels, restaurants, and convenience stores nearby.
Texas is also getting more high-power charging, with a new bp pulse site at the Petro Travel Center in El Paso, located off Interstate 10 at Exit 37. This location offers 12 charging bays capable of delivering up to 400 kW, again with both CCS and NACS connectors. Drivers can take advantage of the diner, convenience store, barber shop, and restrooms while they charge.
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In Ohio, bp pulse has opened a smaller but still high-powered site at a TravelCenters of America location in Hebron, just off Interstate 70 at Exit 126. The site includes six 400 kW charging bays with CCS and NACS connectors, along with access to a convenience store, fast-food options, and restrooms.
These openings are part of bp pulse’s broader plan to build out EV charging across bp’s retail footprint, including bp, Amoco, ampm, Thorntons, and TravelCenters of America locations. Many of those sites are designed to combine fast charging with food, restrooms, and other travel amenities. bp has also said it plans to begin adding EV chargers at Waffle House locations starting in 2026.
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The Cadillac Lyriq and Chevy Blazer EV were among the vehicles that saw the biggest lease price drops in December.
Cadillac and Chevy EV lease prices drop in December
With the $7,500 federal EV tax credit now gone, automakers are filling the gap with their own incentives. Some are passing on the savings as bonus cash, conquest cash, lease discounts, and more.
Two General Motors electric SUVs, the Chevy Blazer EV and the Cadillac Lyriq, had some of the largest lease price drops of any vehicle in December.
The 2026 Cadillac Lyriq AWD Luxury model is now listed at $439 per month for 24 months. With $4,979 due at signing, the effective rate is $646, or $28 less per month than in November.
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That’s after the Lyriq already saw prices drop by $115 a month from October. However, the December deal includes a $2,000 competitive bonus for owners and lessees of a 2011 model year or newer non-GM vehicle.
The 2026 Cadillac Lyriq Luxury (Source: Cadillac)
The 2026 Chevy Blazer EV FWD LT is now available to lease for as low as $319 a month for 24 months. With $6,039 due at signing, the effective rate is $571 per month, about $60 less than in November. The deal includes a $750 competitive bonus and $1,000 customer cash allowance.
Chevy and Cadillac are offering discounts across their entire EV lineup. All 2025 Chevy electric vehicles, including the Blazer EV, Equinox EV, and Silverado EV, are available with 0% APR financing for 60 months.
Intestingly, the 2026 Chevy Equinox EV is also available with 0% APR financing, while the 2026 Blazer EV is listed with 1.9% APR for 36 months.
Cadillac is offering a $2,000 conquest or loyalty bonus for the 2026 Cadillac Vistiq and select 2025/2026 Optiq and Lyriq models, plus 2.9% APR for 60 months.
The 2026 Cadillac Optiq is available to lease for as low as $319 per month for 24 months, while the 2026 Vistiq is available to lease for $619 per month for 24 months.
Want to try one out? We’ve got you covered. Check out the links below to see what Cadillac and Chevy EVs are nearby.
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Electric vehicle prices edged lower and incentives jumped in November, but the month still saw a sales slowdown as the US EV market continues to hunt for a new normal.
Initial estimates from Kelley Blue Book show that EV sales came in at just over 70,000 units in November, more than 40% lower than a year ago and about 5% below October’s level.
The average transaction price (ATP) for a new EV in November was $58,638. That’s up 3.7% year-over-year but down 0.8% from October. Incentives told a different story: Discounts averaged 13.3% of ATP, which is lower than in November 2024 but jumped 20.1% compared to October.
Tesla continued to feel the pressure. The automaker’s ATP was $54,310 in November – down 1.7% from the same period a year ago but up 1.5% month-over-month. Sales declined for the second straight month and were down 22.7% year-over-year, mainly because of a drop in Model 3 demand.
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Model 3 sales slid 42.1% compared to November 2024 and fell 11.9% from October. Meanwhile, the Model Y, still the best‑selling EV in the US, saw prices increase 0.9% year-over-year and month-over-month. Model Y sales were slightly lower than last November, down 0.5%, but rose 2.5% compared to October.
The Tesla Cybertruck showed signs of cooling. Once the best‑selling vehicle priced above $100,000, Cybertruck sales fell to 1,194 units in November, the lowest monthly total of 2025 so far. Its average price was $94,254, higher both year-over-year and compared to October.
Taken together, the numbers paint a picture of an EV market in transition: prices are easing, incentives are rising, but buyers are still holding back as the industry tries to settle into its next phase.
Cox Automotive executive analyst Erin Keating said, “It’s important to remember that the KBB ATP is a measure of what is bought, not what is available. Nearly half of new-vehicle buyers are over the age of 55 and in their peak earning years. These buyers are more likely shopping for a high-end SUV, not something cheap and cheerful. In November, the over-$75,000 price point saw more volume than under-$30,000.”
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Your personalized heat pump quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here. – *ad
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