GM says next-gen Bolt will be EUV-only as the SUV virus infects the industry
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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Japanese equipment giant Kubota brought 22 new or updated machines to the 2025 bauma expo earlier this year, but tucked away in the corners was a new retrofit kit that can help existing customers decarbonize more quickly, and more affordably.
No matter how badly a fleet may want to electrify, harsh economic realities and the greater up-front costs typically associated with battery electric remain high hurdles to overcome, but new retrofit options from major manufacturers are popping up to help lower those obstacles.
The latest equipment maker to put its name on the retrofit list is Kubota, who says its kit can be installed by a trained dealer in a single day.
That’s right! By this time tomorrow, your diesel-powered Kubota KX019 or U27-4 excavator (shown) could be fitted with an 18 or 20 kWh li-ion battery pack and electric drive motors and ready to get to work in a low-noise or low-vibration work environment where emissions are a strict no-no. Think indoor precision demolition or historic archeological excavation.
Then, if necessary, it can go right back to diesel power.
From diesel to electric and back again
If that sounds familiar, that’s because we’ve talked about a similarly flexible power solution from ZQUIP. The battery packs and diesel engines are much larger in that application, but the basic sales pitch remains the same: electric when it benefits your operation, diesel it doesn’t.
Kubota says its modular retrofit kits is a response to the increasing global demand for sustainable alternatives by focusing on making machinery that’s flexible and repairable enough to be “reusable,” and offer construction fleet managers a longer operational lifespan, superior ROI (return on investment), and lower TCO (total cost of ownership) than the competition.
Kubota’s solution also notably reduces maintenance costs and operational overheads. With no engine and associated components, servicing time and expenses are considerably reduced, saving customers both time and money. Additionally, with electricity costing far less than fossil fuels, it offers a highly economical advantage.
International Rental News reports that other changes to the excavators include a more modern cab controls with a digital instrument cluster, a 60 mm wider undercarriage for more stability, and an independent travel circuit allows operators to use the boom, dipper, bucket, and auxiliary functions without an impact on tracking performance.
Kubota’s new kit, first shown at last year’s Hillhead exhibition in the UK, will officially be on sale this summer – any day now, in fact – though pricing has yet to be announced.
Electrek’s Take
If you’re wondering how it is that we’re still talking about bauma 2025 a full quarter after the show wrapped up, then I haven’t done a good enough job of explaining how positively massive the show was. Check out this Quick Charge episode (above) then let us know what you think of Kubota’s modular power kits in the comments.
SOURCE | IMAGES: Kubota, via International Rental News.
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Elon Musk isn’t happy about Trump passing the Big Beautiful Bill and killing off the $7,500 EV tax credit – but there’s a lot more bad news for Tesla baked into the BBB. We’ve got all that and more on today’s budget-busting episode of Quick Charge!
We also present ongoing coverage of the 2025 Electrek Formula Sun Grand Prix and dive into some two wheeled reports on the new electric Honda Ruckus e:Zoomer, the latest BMW electric two-wheeler, and more!
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Environment
FERC: Solar + wind made up 96% of new US power generating capacity in first third of 2025
Solar and wind accounted for almost 96% of new US electrical generating capacity added in the first third of 2025. In April, solar provided 87% of new capacity, making it the 20th consecutive month solar has taken the lead, according to data belatedly posted on July 1 by the Federal Energy Regulatory Commission (FERC) and reviewed by the SUN DAY Campaign.
Solar’s new generating capacity in April 2025 and YTD
In its latest monthly “Energy Infrastructure Update” report (with data through April 30, 2025), FERC says 50 “units” of solar totaling 2,284 megawatts (MW) were placed into service in April, accounting for 86.7% of all new generating capacity added during the month.
In addition, the 9,451 MW of solar added during the first four months of 2025 was 77.7% of the new generation placed into service.
Solar has now been the largest source of new generating capacity added each month for 20 consecutive months, from September 2023 to April 2025.
Solar + wind were >95% of new capacity in 1st third of 2025
Between January and April 2025, new wind provided 2,183 MW of capacity additions, accounting for 18.0% of new additions in the first third.
In the same period, the combination of solar and wind was 95.7% of new capacity while natural gas (511 MW) provided just 4.2%; the remaining 0.1% came from oil (11 MW).
Solar + wind are >22% of US utility-scale generating capacity
The installed capacities of solar (11.0%) and wind (11.8%) are now each more than a tenth of the US total. Together, they make up almost one-fourth (22.8%) of the US’s total available installed utility-scale generating capacity.
Moreover, at least 25-30% of US solar capacity is in small-scale (e.g., rooftop) systems that are not reflected in FERC’s data. Including that additional solar capacity would bring the share provided by solar + wind to more than a quarter of the US total.
With the inclusion of hydropower (7.7%), biomass (1.1%), and geothermal (0.3%), renewables currently claim a 31.8% share of total US utility-scale generating capacity. If small-scale solar capacity is included, renewables are now about one-third of total US generating capacity.
Solar is on track to become No. 2 source of US generating capacity
FERC reports that net “high probability” additions of solar between May 2025 and April 2028 total 90,158 MW – an amount almost four times the forecast net “high probability” additions for wind (22,793 MW), the second-fastest growing resource. Notably, both three-year projections are higher than those provided just a month earlier.
FERC also foresees net growth for hydropower (596 MW) and geothermal (92 MW) but a decrease of 123 MW in biomass capacity.
Taken together, the net new “high probability” capacity additions by all renewable energy sources over the next three years – i.e., the bulk of the Trump administration’s remaining time in office – would total 113,516 MW.
FERC doesn’t include any nuclear capacity in its three-year forecast, while coal and oil are projected to contract by 24,373 MW and 1,915 MW, respectively. Natural gas capacity would expand by 5,730 MW.
Thus, adjusting for the different capacity factors of gas (59.7%), wind (34.3%), and utility-scale solar (23.4%), electricity generated by the projected new solar capacity to be added in the coming three years should be at least six times greater than that produced by the new natural gas capacity, while the electrical output by new wind capacity would be more than double that by gas.
If FERC’s current “high probability” additions materialize, by May 1, 2028, solar will account for one-sixth (16.6%) of US installed utility-scale generating capacity. Wind would provide an additional one-eighth (12.6%) of the total. That would make each greater than coal (12.2%) and substantially more than nuclear power or hydropower (7.3% and 7.2%, respectively).
In fact, assuming current growth rates continue, the installed capacity of utility-scale solar is likely to surpass that of either coal or wind within two years, placing solar in second place for installed generating capacity, behind only natural gas.
Renewables + small-scale solar may overtake natural gas within 3 years
The mix of all utility-scale (ie, >1 MW) renewables is now adding about two percentage points each year to its share of generating capacity. At that pace, by May 1, 2028, renewables would account for 37.7% of total available installed utility-scale generating capacity – rapidly approaching that of natural gas (40.1%). Solar and wind would constitute more than three-quarters of installed renewable energy capacity. If those trend lines continue, utility-scale renewable energy capacity should surpass that of natural gas in 2029 or sooner.
However, as noted, FERC’s data do not account for the capacity of small-scale solar systems. If that’s factored in, within three years, total US solar capacity could exceed 300 GW. In turn, the mix of all renewables would then be about 40% of total installed capacity while the share of natural gas would drop to about 38%.
Moreover, FERC reports that there may actually be as much as 224,426 MW of net new solar additions in the current three-year pipeline in addition to 69,530 MW of new wind, 9,072 MW of new hydropower, 202 MW of new geothermal, and 39 MW of new biomass. By contrast, net new natural gas capacity potentially in the three-year pipeline totals just 26,818 MW. Consequently, renewables’ share could be even greater by mid-spring 2028.
“The Trump Administration’s ‘Big, Beautiful Bill’ … poses a clear threat to solar and wind in the years to come,” noted the SUN DAY Campaign’s executive director, Ken Bossong. “Nonetheless, FERC’s latest data and forecasts suggest cleaner and lower-cost renewable energy sources may still dominate and surpass nuclear power, coal, and natural gas.”
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