GM is retiring another gas-powered car at its Kansas plant to clear room for the next-gen Chevy Bolt EV. The facility will soon house a new “family of Bolt models” as GM brings back the popular, low-cost EV.
GM is retiring the gas-powered Cadillac XT4
GM announced it will retire the gas-powered Cadillac XT4 SUV in January as it prepares to reintroduce the Bolt.
The XT4 is Cadillac’s cheapest SUV, starting at $41,990. However, sales are down 12% through the first nine months of 2024 after slipping 28% in Q4 2023.
GM already announced plans in May to retire the Chevy Malibu to make room at its Kansas plant for next-gen EVs, including the Bolt. The Malibu will be phased out this month after over 10 million models have been sold since 1964.
Although GM said XT4 production would begin again on the same line as the Bolt EV, a new Reuters report suggests that no longer appears to be the case.
The report claims GM will now only build Bolt models on the assembly line. Production of the previous Bolt ended at the end of 2023.
Chevy Bolt EV (Source: GM)
Since then, we’ve learned there will actually be several Bolt EV models. GM’s president, Mark Reuss, confirmed that the new model would be a part of “a family of Bolts,” including an even lower-priced model.
Reuss said prices will initially start slightly higher than the $28,785 MSRP on the previous model, but it will be an upgrade with faster charging.
Chevy Bolt EUV (Source: Chevrolet)
GM CEO Mary Barra claims the new Bolt will offer “an even better driving, charging, and ownership experience” with new tech. It will also be the first EV in the US to feature LFP batteries.
The company is expected to begin building next-gen Chevy Bolt EV models in late 2025 as a 2026 model year.
GM is investing $390 million in its Fairfax, Kansas plant to prepare it for re-introducing the next-gen Chevy Bolt EV.
Electrek’s Take
GM reached a milestone last month, selling its 300,000th EV in the US since 2016. The Chevy Bolt EV accounted for the great majority of those sales.
Chevy Bolt EV sales totaled 62,045 in 2023, 38,120 in 2022, 24,828 in 2021, 20,745, 16,418 in 2019, 18,019 in 2018, and 23,300 in 2017. In addition, another 8,582 have been sold in 2024. So, of the 300,000, over 212,000 of them were Bolt EVs.
The company is coming off a record 32,095 electric vehicles sold in the third quarter as its other Ultium-based EVs, including the new Chevy Blazer, Equinox, and Silverado EVs, are rolling out to dealers nationwide.
GM continues introducing lower-priced models, like the 2025 Equinox EV LT. Starting at $35,000, the company claims it’s the “most affordable EV in the US with +315 miles range.”
With the next-gen Chevy Bolt expected to be even more affordable, the new model could be GM’s biggest yet.
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Oil prices held on to most gains from the previous session in early trading on Thursday as investors awaited U.S.-China trade talks later in the day.
Anton Petrus | Moment | Getty Images
U.S. crude oil on Tuesday hit the lowest level since May, putting prices on pace for the worst performance in seven years as traders factor in a looming surplus and the possiblity of a peace agreement in Ukraine.
West Texas Intermediate hit $55.69 per barrel while Brent touched $59.42, the lowest level for the benchmarks since May 5.
The U.S. benchmark has lost about 22% this year for its worst performance since 2018. The global benchmark has shed nearly 20% for its worst year since 2020.
U.S. crude was last trading 2.13% lower at $55.61 per barrel while Brent was down 1.93% at $59.39. U.S. gasoline prices, meanwhile, have fallen below $3 per gallon to the lowest level in four years, according to the motorist association AAA.
The oil market is under pressure this year as OPEC+ members have rapidly ramped up production after years of output cuts. Investors are also pricing in the possibility of lower geopolitical risk as President Donald Trump pressures Ukraine to accept a peace agreement with Russia.
The threat of supply disruptions has loomed over the oil market since Russia launched its full-scale invasion of Ukraine in 2022. Kyiv has launched repeated drone strikes on Russian oil infrastructure this year. The U.S. and its European allies, meanwhile, have targeted Russia’s crude industry with sanctions.
As electric bikes and e-scooters continue to surge in popularity, and as the growing ridership skews towards younger operators with growing questions about safety and road rules, motorcycle training courses might be an unexpected ally. In Las Vegas, motorcycle safety instructors are expanding their classrooms to include e-bike and e-scooter riders, responding to a growing number of traffic incidents involving younger riders and micromobility vehicles.
The new program, led by instructors at the College of Southern Nevada (CSN) and supported by a grant from the Nevada Department of Public Safety, is designed to give e-bike and e-scooter riders formal safety training similar to what motorcycle riders have long had access to. The move comes as local officials report more than 200 traffic collisions involving juveniles during school hours this year alone, many occurring near school zones.
Unlike traditional motorcycle training, these new courses are tailored specifically to the realities of electric micromobility, reports local CBS affiliate KLAS. That includes understanding e-bike classifications, where different types of electric bikes are legally allowed to operate, lithium-ion battery safety, and practical crash-avoidance strategies for riding in mixed traffic. The goal isn’t to discourage riding, but rather to help riders better understand risk management before something goes wrong.
And to sweeten the deal even further, the class is actually free. Riders won’t need to pay tuition, purchase special equipment, or already own an e-bike to participate. The only real barrier is showing up. For many families, that removes one of the biggest hurdles to formal safety education, especially at a time when e-bikes are increasingly being used by teenagers for commuting to school, after-school jobs, and social activities.
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The structure of the course also reflects how younger riders actually learn. Participants begin with an online, self-paced portion that covers the basics, followed by an in-person session focused on real-world riding scenarios. That hybrid approach mirrors what’s already common in motorcycle safety programs, but adapted for vehicles that are quieter, lighter, and often ridden without licensing requirements.
More of these e-bike training programs aimed at younger riders are popping up around the US. This kind of training could play an important role as e-bikes continue to blur the lines between bicycles, scooters, and mopeds. Many new riders jump on an e-bike with little understanding of stopping distances, speed differentials, or how drivers perceive them in traffic. Others may not realize that different e-bike classes come with different rules about bike lanes, paths, and road use. Formal instruction helps fill those gaps in a way that YouTube videos and warning labels often don’t.
There’s also a broader implication here for cities across the US. As e-bike adoption grows faster than infrastructure and regulation can keep up, education becomes one of the most effective tools available. Teaching riders how to safely interact with cars, pedestrians, and traditional cyclists may reduce crashes without resorting to heavy-handed restrictions or outright bans that often follow high-profile incidents.
For new riders especially, programs like this can make the difference between e-bikes feeling intimidating or empowering. Instead of learning through trial and error – or worse, through an accident – riders get guidance from instructors who already understand traffic dynamics and safety principles of two-wheeled vehicles.
The CSN e-bike and e-scooter safety courses are scheduled to begin in January, and if successful, they could perhaps serve as a model for similar programs elsewhere. As electric bikes continue to move from novelty to normal transportation, efforts like this suggest that the future of micromobility safety may look less like enforcement and more like education.
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Ford is jumping into the battery energy storage business, betting that booming demand from data centers and the electric grid can absorb the EV battery capacity it says it’s not using.
To achieve this, Ford plans to repurpose its existing EV battery manufacturing capacity in Glendale, Kentucky, into a dedicated hub for manufacturing battery energy storage systems.
Ford pivots from EVs to battery storage for data centers
Ford says it will invest about $2 billion over the next two years to scale the new business. The Kentucky site will be converted to build advanced battery energy storage systems larger than 5 megawatt-hours, including LFP prismatic cells, BESS modules, and 20-foot DC container systems — the kind of hardware increasingly used by data centers, utilities, and large-scale industrial companies.
The company plans to bring initial production online within 18 months, leaning on its manufacturing experience and licensed battery technology. By late 2027, Ford expects the business to deploy at least 20 gigawatt-hours of energy storage annually.
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The move follows a joint venture disposition agreement reached last week between Ford, SK On, SK Battery America, and BlueOval SK. Under the agreement, a Ford subsidiary will independently own and operate the Kentucky battery plants, while SK On will fully own and operate the Tennessee battery plant.
Ford is also planning a separate energy storage play in Michigan. At BlueOval Battery Park Michigan in Marshall, the company will produce smaller amp-hour LFP prismatic cells for residential energy storage systems. That plant is on track to begin manufacturing in 2026, and it will also supply batteries for Ford’s upcoming midsize electric truck — the first model built on the company’s new Universal EV Platform.
Electrek’s Take
Overall, the shift reflects Ford’s broader push toward what it calls “higher-return opportunities.” Alongside taking a step backward to add more gas-powered trucks and vans to its US manufacturing footprint, Ford says it will no longer produce some larger EVs, such as the Lightning F-150, where softer demand and higher costs are resulting from the lack of support for EVs by the Trump administration. (Batteries produced at the Glendale plant were for the all-electric Ford F-150 Lightning. The best-selling electric truck in the US in Q3, before the federal tax credit expired, was the Ford F-150 Lightning, with 10,005 EVs sold, a 39.7% year-over-year increase.)
With tax credits eliminated and regulatory uncertainty, Ford is pivoting to adjacent markets, including grid-scale and residential energy storage, to keep its battery plants running and justify billions in sunk investment.
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