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2022 Chevrolet Bolt EUV

GM released its 2022 year-end sales update and is touting the humble Chevy Bolt’s best sales year ever, calling the Bolt and Bolt EUV the “#1 mainstream EV series” in Q3 and Q4.

GM only has one significant electric model line so far, the Chevy Bolt. It also just started selling the Cadillac Lyriq and the GMC Hummer EV, but both of those are more expensive and much more limited production.

GM has several other electric models coming within the next year or two as its Ultium battery platform gets ready for prime time. These include the Equinox, Blazer, and Silverado EVs. But for the time being, the Bolt makes up the vast majority of GM’s current EV sales.

Bolt sales were up sharply year over year, with more sales growth than all but one of Chevy’s models (the Malibu) and two other GM models (XT4, Terrain). Bolt sold 22,073 vehicles in 2021 and 38,120 in 2022, a 72% increase for this model line. Most of GMs other models showed either sales declines or more modest growth, with the company overall adding 2.5% to sales year over year.

So, Bolt sales are increasing significantly, like many other electric models are, while gas car sales are showing much smaller growth.

But that’s not the whole story.

GM and the Bolt have had a tough past couple years, with a protracted recall that partially or totally impacted four quarters, and production only resuming in April 2022. So sales for both last year and this year were affected by that recall.

This resulted in a dismal 2021 and early 2022 for GM’s EV sales, which resulted in GM falling behind Ford and selling comically low numbers of EVs in Q4 (26 total) and Q1 (457 total). Which also meant comically high percentage increases from their meager 2021 numbers, with Q4 Bolt sales up 94,600% YoY and YTD Hummer EV sales up 85,300% YoY.

After finally getting back to selling the car, GM slashed the MSRP by ~$6,000 in June, making the Bolt the cheapest EV available in America. Sales were also boosted this year, as compared to last year, with the introduction of the larger Bolt EUV model with more storage space for a not-much-higher price.

This is why GM’s release says the Bolt was the “#1 mainstream EV series in Q3 and Q4,” which is after the recall finished and GM was finally able to sell these cars in earnest again. While GM doesn’t define “mainstream” in their release, we suspect this means “not counting Tesla.”

GM’s Bolt sales were probably negatively affected near the end of the year, though, as we got closer to the deadline in the Inflation Reduction Act, which would re-qualify GM for the federal EV tax credit – especially after the US Treasury delayed its guidance on battery sourcing requirements, which means the Bolt will have access to the $7,500 tax credit at least until March, making it a screaming deal until then.

GM also said that the Bolt EV had the highest mix of buyers under 36 compared to its EV competitors, an important demographic for automakers seeking to build brand loyalty. It sees EVs as a growth opportunity and plans to increase Bolt production to more than 70,000 units this year to meet strong global demand in addition to spinning up its Ultium platform and releasing new EVs in the coming quarters.

Electrek’s Take

There are a lot of factors here, but in short, it looks like the Bolt is still selling impressively well for a model that first shipped in 2017, is based on older technology, and has a planned end of life in the next couple years as GM shifts to its new Ultium platform.

And, now that the Bolt is such a great deal, it earned our award as Electrek’s Vehicle of the Year despite this age. It’s just the best bang for your buck you can get, not just out of any EV, but out of any vehicle on the road. Particularly given the EV tax credit situation.

So, we’re not surprised to see it doing well in sales, and we hope GM can build enough of them to satisfy the high demand they must be seeing for this car. We’re hearing from a lot of readers who are having trouble finding a Bolt at all from their local dealers, much less at MSRP, even as auto industry supply constraints start to loosen up a little.

If you’re looking for a Bolt, you can use our links to contact your local dealers about the 2023 Chevy Bolt EV or 2023 Chevy Bolt EUV. Make sure to take delivery before “sometime in March” if you want to take advantage of the current tax credit situation, but consult a tax professional first to ensure you qualify.

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Tesla and Rivian are settling their battery tech theft lawsuit

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Tesla and Rivian are settling their battery tech theft lawsuit

Tesla and Rivian have been embroiled in a lawsuit in which the former accused the latter of having stolen battery technology by poaching Tesla employees.

It sounds like the two automakers are finally about to settle the lawsuit, which has been going on for 4 years.

In 2020, Tesla filed a lawsuit against Rivian over allegedly stealing trade secrets by hiring former Tesla employees and encouraging them to bring documents. Rivian has denied the allegations.

When Tesla filed the lawsuit, it wasn’t clear what trade secrets Tesla was claiming Rivian had stolen. However, we noted that the employees listed in the lawsuits were two recruiters, an EHS manager, and a manager of Tesla’s charging networks.

The automaker claimed that these employees brought “documents consisting of highly sensitive trade secret, confidential, and proprietary engineering information” when they went to work for Rivian.

A year later, Tesla expanded the lawsuitclaiming more specifically that Rivian was “stealing the core technology for its next-generation batteries.”

At first, the companies tried to settle out of court, but it didn’t work out, so the lawsuit was moved to court last year.

Over a year later, we now learn that Tesla had notified the court that it expects to file to get the lawsuit dismissed after reaching a conditional agreement with Rivian. The company didn’t disclose the details of the settlement (via Bloomberg):

Tesla didn’t disclose specifics about the agreement in a court filing, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

Neither Tesla nor Rivian have commented on the reported settlement.

While Tesla has claimed that it somewhat open-sourced its patents, we have previously noted that it’s not exactly the case. Tesla claims to let other companies use its patented technology as long as they themselves don’t sue them over patent rights.

And in this specific case, Tesla alleges that Rivian has specifically hired employees to steal technologies. Again, Rivian has denied the allegation.

Electrek’s Take

The terms are unknown, but in similar cases, it often involves things like some level of access to make sure that no proprietary technology is being used or has been used.

The lawsuit is not exactly clear, but based on the timeline and the allegations of “next-gen batteries”, Tesla could have been talking about its 4680 battery cells, although those are cells. It could also be the structural battery pack.

Rivian is expected to use a taller 4695 battery from LG Energy Solutions for its next-generation vehicles.

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Kempower, Proviridis partner on novel electric semi truck charging solution

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Kempower, Proviridis partner on novel electric semi truck charging solution

French infrastructure specialists Proviridis have partnered with EVSE manufacturer Kempower to deliver a novel, underground charging solution for electric semi trucks designed to easily integrate into existing truck depots.

By installing its high-powered charging cabinets underground and integrating the charging cables into a solid metal pipe, Kempower and Proviridis have been able to make room for high-powered charging points in an existing truck depot that didn’t have enough space to install either conventional EVSE or overhead “drop lines.”

For the pilot, the metal pipe is painted in a striking yellow color to make it easier to see while maneuvering the lot, and keeping the dispensers themselves more protected than conventional concrete bollards. The 600 kW power cabinet is positioned a few yards away – a typical space-saving Kempower solution – and connected to the charge points by underground cable.

Proviridis believes their solution provides enough of a competitive advantage that fleet buyers looking to electrify will be eager to give it a try.

“The product is durable across a wide spectrum of temperatures and conditions, requires minimal ventilation, and can cater for a wide range of customer needs,” explains Olivier Verdu, Technical Director at Proviridis. “These are features which perfectly place the Kempower solution for this type of charging configuration in a logistics environment.”

Electrek’s Take

While traditional charging equipment can cause up to 20% of an existing truck depot’s parking capacity to be lost, the Kempower products have already gained recognition for the efficient size footprint of its overground Satellites. If this underground version proves to be even better, you can expect to see a lot more Kempower installations near you.

SOURCE | IMAGES: Kempower.

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For a limited time, save $500 on a Centris folding eBike from Buzz Bicycles

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For a limited time, save 0 on a Centris folding eBike from Buzz Bicycles

In honor of Black Friday and Cyber Monday, eBike specialist Buzz Bicycles is offering an exclusive discount for Electrek readers on its Centris Class 2 Folding Bike.

Table of contents

Buzz Bicycles is back with an exclusive new deal

Buzz Bicycles has been a mainstay on Electrek for a few years now, as we have covered several of its electric bikes, which suit riders of all skill levels and help them “Buzz through life.” Buzz is an omnichannel eBike brand that prioritizes direct-to-consumerism and has found success in its mission to deliver ultimate transportation solutions at an excellent value for its growing base of eBike enthusiasts.

The company strives to deliver riders a “Wow moment,” which is usually brought on as they feel the pedal assist function kick in. This feature delivers all you need to conquer hills and longer rides while enjoying new adventures with friends.

The Buzz team has utilized decades of industry experience into its portfolio of eBikes, all conceived and designed in Dayton, Ohio. The company, which operates under the United Wheels umbrella alongside brands like Huffy Bicycles, Niner Bikes, and Batch Bicycles, has adopted an ethos that the freedom of riding should be fun and accessible for everyone, no matter what adventure lies ahead.

By leveraging the global presence of its parent company, Buzz Bicycles can make good on its promise to deliver affordable eBikes that are comfortable, powerful, and safe, much like the Centris Folding eBike, which is as versatile and compact as it is fun. The exclusive deal Buzz Bicycles is offering on the Centris makes it even more fun. You can take advantage of it below.

But first, you’ll want to learn about the capabilities of this foldable eBike to truly understand its value, as well as what accessories are available to level up your purchase.

Buzz Bicycles

The Buzz Centris is an easy to ride foldable eBike for all

The Buzz Centris is a Class 2 Folding eBike built for comfort and convenience no matter where you take it. At full size, the Centris’ step-through frame offers a low step-over height of just 16 inches, perfect for riders of all sizes, enabling easy transitions from ground to saddle for its riders.

When you’re not riding, the Centris from Buzz Bicycles folds neatly to 34 inches in length and 22 inches in height, making it easy to store at home or to carry in a vehicle on the way to your next ride. Furthermore, the assembled bike only weighs 68 pounds, making it easy to transport.

You can easily navigate tougher terrain on the Centris thanks to the eBike’s 20″ x 4″ knobby tires and front suspension. The bike is powered by a 48V, 500-watt-hour (Wh) battery pack that can propel it to a top speed of 20 mph for an all-electric range of up to 40 miles on a single charge.

Additionally, this folding model from Buzz Bicycles comes equipped with both a front and rear rack, offering versatile cargo-carrying options so you can customize your ride with a variety of Buzz accessories.

Like all Buzz eBikes, the Centris is tested and deemed compliant with the UL2849 standard. This standard covers the entire electric bicycle system, including the motor, battery, controller, and charger, offering the highest safety standards for added peace of mind.

The Centris Class 2 folding bike from Buzz is available in two colors: Gloss White or Matte Black. This $1,199 eBike is currently reduced to $899 – and you can score an additional $200 off with this exclusive promo, but only for a limited time.

With the purchase of any Buzz eBike, including the Centris, you are guaranteed the following:

  • 10-year limited warranty (lightweight aluminum frame protected for full 10 years)
  • 2-year limited warranty (electrical components covered by 2-year warranty for peace of mind)
  • 6-month limited warranty (additional bike components protected by a 6-month warranty)
Buzz Bicycles

Are you interested in the Centris from Buzz Bicycles? You’ve come to the right place. Starting today, while supplies last, you can take advantage of an additional $200 off the sale price by using promo code “ELECTREK200. That’s a $500 discount in total!

Don’t wait, because this deal only runs through 11:59 PM on December 8, 2024.

We highly recommend perusing Buzz’s entire lineup of products. They are designed for commuters and casual riders, with technology and features that help you quickly feel comfortable riding. If you are new to the world of E-transportation, Buzz Bicycles is the brand for you. 

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