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The next-gen Chevy Bolt is finally almost here. GM confirmed that production is on track to begin by the end of the year, but the company is saying to keep a lookout for another affordable EV coming soon. Here’s what we know about the mysterious new model so far.

GM plans to build another affordable EV in the US

After revealing plans to invest around $4 billion over the next two years to ramp up production in the US, GM announced a new “next-gen affordable EV” was in development.

The new electric car will be built at its Fairfax Assembly plant in Kansas, alongside the next-gen Chevy Bolt EV. GM said the facility is on track to begin building 2027 Chevy Bolt EV models by the end of the year. It’s also planning to add the gas-powered Equinox to the mix in mid-2027.

Fairfax will be home to GM’s upcoming lineup of affordable EVs, starting with the next-gen Chevy Bolt. GM didn’t reveal any other details of the low-cost electric car, but it could be a part of a series of new Bolt models.

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Last year, GM’s president, Mark Reuss, revealed the 2027 Chevy Bolt EV will be part of a “family of Bolts,” including an even lower-priced version.

GM-affordable-EV
2022 Chevy Bolt EUV (Source: GM)

Although the initial model is expected to start slightly higher than the outgoing $28,785 MSRP of the outgoing Bolt, GM promises it will feature significant improvements.

GM’s CEO, Mary Barra, boasted the next-gen Bolt will offer “an even better driving, charging, and ownership experience.”

GM-affordable-EV
GM plans to build a “next-gen affordable EV) in Kansas (Source: GM)

It will also be the first Ultium-based model in North America to feature LFP batteries, enabling GM to offer it at lower prices.

Earlier this year, a covered vehicle was spotted in a lot filled with GM electric models, which appeared to be the new Bolt (check out the video here).

We should learn more about GM’s next-gen affordable EV as we get closer to launch. Check back for the latest.

Electrek’s Take

GM’s new $4 billion investment is designed to increase US production of both gas and electric vehicles as it looks to overcome Trump’s auto tariffs.

The new tariffs are already wreaking havoc on the US auto industry, with nearly every automaker adjusting production plans in some way.

Although GM is planning to launch another affordable EV following the Bolt, it already has one on the market that’s proving to be a hit.

The Equinox EV helped push Chevy past Ford to become the second-best-selling EV brand in the US earlier this year. GM said on Tuesday that Chevy sold over 37,000 EVs in the US through May, compared to 34,000 for Ford.

GM calls the electric Equinox “America’s most affordable 315+ mile range EV” with starting prices under $35,000.

Who would have thought that a long-range, lower-priced EV would sell? With a series of next-gen affordable EVs in the works, GM looks to close the gap with Tesla in the US EV market.

GM will soon offer an electric vehicle for everyone with entry-level (Chevy Bolt, Equinox EVs), midsize (Chevy Blazer EV), pickups (Chevy Silverado EV, GMC Sierra EV, GMC Hummer EV), and luxury (Cadillac Lyrqi, Optiq, Vistiq, and Escalade IQ)

With 13 all-electric vehicles now on the market, GM has sold over 62,000 EVS in the US through May. Last month, the company announced it had surpassed Tesla to become the “#1 EV seller” in Canada in the first quarter.

We will learn more soon, with GM set to report Q2 sales on July 1. The company said this week that May was its second-best month to date for EV sales, so Q2 numbers should be interesting.

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Vertical Aerospace completes first ever public airport-to-airport eVTOL flight

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Vertical Aerospace completes first ever public airport-to-airport eVTOL flight

Air taxi startup Vertical Aerospace achieved a world’s first this week, completing the first flight between two airports through public airspace for an eVTOL at the Royal International Air Tattoo in Gloucestershire, England.

The Royal International Air Tattoo (RIAT) is the world’s largest military airshow, held every July and serving as a public showcase for the latest advancements in aviation technology. It’s fitting, then, that RIAT served as setting for the Vertical VX4 prototype’s first piloted public flight.

The eVTOL aircraft flew 17 miles from the company’s Flight Test Centre at Cotswold Airport to RAF Fairford, a Royal Air Force station used by the US Air Force. The Vertical VX4 reached speeds of 115 mph, and an altitude of 1800 ft, and also marked the first landing at a public location for an aircraft of this type.

The Vertical Aerospace entry was the only battery-electric aircraft present at RIAT 2025, and the flight served as a demonstration of the company’s broader strategy to unlock new hybrid-electric applications for defense, logistics, and special/close support missions where the eVTOL’s (relatively) quiet operations could give it a tactical advantage.

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“RIAT is a global stage for the most advanced, mission-ready aerospace technology, and we’re proud to showcase how electric aviation will support the future of defense,” says Stuart Simpson, CEO of Vertical Aerospace. “Our hybrid-electric roadmap unlocks new capabilities for military operations, and Vertical’s RIAT presence reinforces our commitment to playing a meaningful role in the future of military and special mission aviation.”

Vertical’s VX4 debuted last year, with a 20% increase in the power-to-weight ratio that enables a top cruising speed of 150 mph and transports four passengers plus a pilot up to 100 miles on a single charge.

The inaugural VX4 flight was witnessed by several thousand UK aircraft enthusiasts, and showed how an eVTOL aircraft could integrate with real-world airport operations, building momentum toward more regular, certified deployment.

Electrek’s Take


Archer, BETA, EHang, Joby, XPeng – the list of eVTOL manufacturers seems to be as long as the list of new electric car brands that didn’t exist back when I first started working with EVs back in ::gulp:: the 1990s. The future of regional point-to-point air travel certainly seems to be vertical, and electric.

SOURCE | IMAGES: Vertical Aerospace.


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Honda takes a page from Tesla playbook, launches new insurance business

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Honda takes a page from Tesla playbook, launches new insurance business

Say what you will about Elon Musk, but Tesla has changed the way that millions of people buy cars and, by extension, car insurance. Now, Honda is taking a page from Tesla’s successful playbook and launching its own in-house insurance business. Enter: Honda Insurance Solutions.

Honda Insurance Solutions is being launched as a fully licensed insurance agency serving the insurance needs of Acura and Honda customers, but it’s not stopping at competitive pricing and coverage options for Honda cars and motorcycles. Honda Insurance Solutions promises to go several steps beyond Tesla’s offering with coverage for trailers, RVs, homes, and even pets.

“Honda Insurance Solutions offers customers access to coverage through a brand they know and trust,” says Petar Vucurevic, President, American Honda Insurance Solutions, LLC and Senior Vice President, American Honda Finance Corporation. “Insurance is a key touchpoint in the vehicle ownership journey, and we aim to deliver a superior experience tailored to the unique needs of each customer, while promoting safer driving and increased peace of mind on the road.”

The company says the launch of its new insurance business is just part of Honda’s broader digital vehicle sales platform strategy, with future plans to integrate insurance offerings into new products.

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Electrek’s Take


Electric CUVE scooter; via Honda.

It’s important to note some of the key differences between Honda’s insurance offering and Tesla’s. Honda isn’t offering discounts, they’re not bundling insurance premiums into the vehicle financing, and they’re not building their insurance offerings into their dealerships’ checkout/F&I offices. Not yet, anyway.

What Honda is doing right now is deepening relationships with its existing customers and finding ways to make money on products it hasn’t sold them – whether that’s the Harley parked in the garage next to their Prologue or the garage itself.

It’s a smart play. And, once Honda figures out a way to cut franchise dealers out entirely and go to a direct sales model, it’ll look even smarter.

SOURCE | IMAGES: Honda.


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Lion Electric school bus warranties voided, leaving districts stuck

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Lion Electric school bus warranties voided, leaving districts stuck

Nobody ever says “this is business” before doing something nice, and the recently reborn Lion Electric company is keeping that streak alive by doing the unthinkable to cut costs: they’re going to void the warranties on hundreds of electric school buses.

In a letter issued to exiting Lion Electric customers last week, Deloitte Restructuring announced that the warranties on all Lion vehicles purchased outside of the company’s home Province of Quebec are null and void – leaving dozens of school districts in the lurch with stranded assets that won’t get fixed, and can’t be sold to generate funds for replacements.

“We are working with alternate vendors at the expense of the school district to help keep our electric buses functional and on the road,” explains Dr. Richard Decman, Superintendent of Herscher CUSD No. 2 district in Herscher, Illinois. “Currently, six of our 25 (Lion) electric buses need some type of repair.”

Student Transportation News reports that Lion buses represent fully half of Herscher’s overall fleet of 50 buses, and that the district has received nearly $10 million for the purchase of 25 electric buses and the related charging stations from various state and utility incentive programs.

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Herscher isn’t the only district having problems with Lion buses. “All four Lion buses that we own are currently parked and not being used,” Coleen Souza, interim transportation director of Winthrop Public Schools, told Clean Trucking. “Two of them are in need of repairs which would cost us money which we are not willing to invest in because the buses do not run for more than a month before needing more repairs.”

More of the same in Maine, where Yarmouth School Department bought two Lion Electric buses in 2023 with the state covering the costs. According to Superintendent Andrew Dolloff, the buses almost never worked. “We’ve had some sporadic service over the past two years, but as soon as the tech leaves, the buses produce error codes again,” explained Dolloff. ” and “Then the technician quits or is released, and we wait a few months for the next response.”

Dolloff added that Yarmouth’s electric buses did not operate during the 2024-25 school year.

Lion’s new owners are seemingly uninterested in their customers’ plight – which might be easily dismissed if those new owners, Groupe MACH, weren’t also the old owners of Lion Electric.

That’s right, kids. Quebec-based real estate company Groupe MACH, which stepped in to “save” Lion Electric earlier this summer, along with Ontario-based Mirella & Lino Saputo Foundation, bought $90 million of equity in Lion Electric back in 2023. And, while the MACH people may not have been the ones who ultimately made the call about voiding the warranties (that decision was made by the Deloitte bankruptcy team), it is absolutely Group MACH who have, to date, not announced plans to continue to honor those warranties, either.

Make of that what you will.

Deloitte Lion letter


SOURCES: School Transportation News, Clean Trucking, Deloitte.


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Your personalized solar 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.

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