With Silverado EV delayed, GM should extend the life of the Bolt
This week, GM said it’s pushing back Silverado EV production by a year; which gives it a perfect opportunity to extend the life of the Bolt in its best year of sales yet.
The announcement came Tuesday, with GM stating that planned production of the Silverado EV would be delayed by a full year “to better manage capital investment while aligning with evolving EV demand.”
The story suggests that GM isn’t sure about EV truck demand, seeing that Ford recently cut a shift from its F-150 Lightning production plant.
However, Rivian is still growing quickly and beating expectations, so maybe there’s another underlying problem for incumbent automakers. Also, GM and Ford are both currently facing a strike from UAW, which may continue if automakers remain hesitant to offer workers a fair deal.
But what does all this have to do with the Bolt, you ask?
Well, the Bolt is produced in the same plant, GM’s Orion Assembly in Lake Orion, Michigan, that GM had planned to produce the SIlverado EV in. That’s why the Bolt is going out of production – to make room for new lines that incorporate GM’s new Ultium battery platform, which the Bolt doesn’t use as it predates that platform. Since the Bolt is on old technology, GM plans to retire it (though after much urging, GM said it would make an Ultium-based Bolt).
But the Bolt is also having its best year yet, already having sold a record number of cars this year with another quarter yet to go. And despite higher production than ever, it’s still sold out everywhere, because it’s a fantastic deal at a base MSRP of $26k. It is also good enough to win Electrek’s Vehicle of the Year award in this last year of its existence.
So it was good news when GM decided to continue production through December, but now that the plant won’t be upgraded for another year, why not extend it even longer?
Surely tooling for the Silverado will take some time so GM won’t get a full extra year of production out of the Bolt, but they’ve already got the lines running for the Bolt, so why not keep them running for a few months longer? And let a few tens of thousands of EV fans get access to a great deal on a car that’s been hard to find all year.
This would require a lot of coordination with suppliers on GM’s part, who have already extended a date once. So it’s not as easy as just continuing to run the lines, but we still think there’s a valuable end goal here, in letting more people get access to a great car and showing how great and affordable EVs can be.
We’d love to see more Bolts out there, both because it’s a great car (though with the one major downside of slow 50kW DC charging) and because it’s a fantastic deal. And if GM did continue production through next year, that deal would be even better given the planned improvement to the Federal EV tax credit.
Next year, the credit will be available upfront at the point-of-sale, which means buyers won’t have to wait until filing their taxes to get the refund anymore. It also means that low- and middle-income buyers can benefit from the full credit, instead of having that amount reduced if they don’t have $7,500 in total tax liability.
Both of these aspects would combine to make the Bolt, currently the most affordable EV and one of the most affordable new cars of any type on the road, an even more fantastic deal for more people. If new Bolts were still available in 2024 at a starting price of ~$19k (and even less after some state rebates), it would really make a statement about the affordability of EVs in general.
And so, we think this is an excellent chance for GM to extend the life of the best deal in EVs (and, honestly, in the whole auto industry), and their best-selling EV, in its best-selling year, going into a time that would be particularly advantageous for a value EV, in a plant that it doesn’t seem like it will be using anyway. Pretty please, GM?
If you’re looking to take advantage of the best deal in EVs right now before it goes out of production (though we hope it doesn’t…), you can use our links to contact your local dealers about the 2023 Chevy Bolt EV or 2023 Chevy Bolt EUV, and see if they have any left in stock.
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T1 Energy (NYSE: TE), formerly FREYR Battery, kicks off preparations for its new solar cell factory, set to be one of the largest in the US.
T1 Energy has chosen Yates Construction as the contractor for preconstruction services and site preparations for its planned $850 million, G2_Austin 5 GW Solar Cell Facility.
The G2_Austin site is in Milam County, Texas, in the Advanced Manufacturing and Logistix Campus at Sandow Lakes.
It’s expected to create up to 1,800 new direct US advanced manufacturing jobs. Construction is on track to kick off in mid-2025, and the facility is expected to begin producing cells by the end of 2026. There are currently far fewer solar cell manufacturing sites in the US than solar module factories, according to the SEIA.
On December 24, FREYR announced that it had closed its acquisition of China-headquartered Trina Solar’s 5-gigawatt (GW), 1.35 million-square-foot solar panel factory in Wilmer, Texas. The company renamed the factory G1_Dallas, which employs more than 1,000 people and is now fully online.
Daniel Barcelo, T1’s chairman of the board and CEO, said, “Our facilities will manufacture solar cells and modules to invigorate our economy with abundant energy. We’re excited to work with Yates and Milam County to bring American advanced manufacturing to the heart of Texas and to unlock our most scalable energy resources.”
T1 Energy says it anticipates finalizing commercial terms with Yates Construction as General Contractor.
Read more: FREYR rebrands after killing its $2.6B Georgia battery factory plans
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![Kia's affordable EV2 may be small, but it looks bigger in person [Video]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2025/05/Kia-EV2-closer-look.jpeg?resize=1200,628&quality=82&strip=all&ssl=1)
The EV2 is set to arrive as Kia’s smallest and most affordable electric vehicle next year. With its official debut coming up, the electric SUV was spotted driving on public roads. The electric SUV may be small, but it looks bigger in person.
Kia’s new EV2 is an affordable, small electric SUV
Kia has yet to say precisely how big the EV2 will be, but it’s expected to be around 4,000 mm (157″), or slightly smaller than the EV3 at 4,300 mm (169.3″). That’s even more compact than the outgoing Chevy Bolt EV (163.2″).
During its EV Day event in April, Kia unveiled the Concept EV2, a preview of the entry-level EV that will sit below the EV3.
Although it’s the brand’s smallest EV, Kia promises that it will feel larger when you’re inside. The EV2 sits higher than you’d expect with a wide front end, giving it a bigger presence on the road, similar to the three-row EV9.
We got a sneak peek at Kia’s affordable EV last month after it was spotted testing on public roads in Korea, but the latest sighting gives us a closer look at the EV2 in its production form. The new video from HealerTV reveals a few details that could look a little different from the concept.
The footage shows what appears to be different daytime running lights (DRLs). When Kia unveiled the Concept EV2 in April, it featured a unique split vertical headlight design.
The EV2 spotted driving still has the split design, but both the inner and outer lights appear to be angled more inwards. It’s not a huge difference, but given most of Kia’s new EVs look almost identical to the concepts, this could be something to keep an eye on.
Prices, specs, and more
Despite being an entry-level model, the EV2 is still equipped with advanced technology and features, including vehicle-to-load (V2L) capability, which allows it to power a campsite, home appliances, and other electronics. With OTA updates, it will only get smarter and more advanced over time.
The interior will feature Kia’s new ccNC (connected car Navigation Cockpit), which features dual 12.3″ driver cluster and touchscreen navigation screens in a panoramic display.
Like its other new EV models, it’s also expected to include a 5″ climate control display for nearly 30″ of screen space.
Kia plans to launch the EV2 next year in Europe and “other global regions.” For those in the US, sorry to disappoint, but it’s not expected to make the trip overseas. We do have the EV4, Kia’s first electric sedan, to look forward to.
We will learn prices and final specs closer to launch, but given it will sit below the EV3, it will likely be cheaper than that.
The EV3 starts at £32,995 ($44,800) in the UK and €35,990 ($41,600) in Europe. Kia’s CEO, Ho-Sung Song, told Autocar in 2023 that the company aims to launch the EV2 at around £25,000 ($32,000) in the UK. With new battery technology and other advancements, it could be even more affordable when it arrives next year.
Kia isn’t the only automaker gearing up to launch a new entry-level EV. Last week, we got a glimpse of the upcoming Volkswagen ID.2 after it was spotted in public testing.
Should Kia bring the EV2 to the US? Would you buy one for around $30,000 or even slightly less? Drop us a comment below and let us know.
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Environment
This electric pickup is taking Korea by storm, now it’s going global on a ‘full-scale conquest’
It’s not a Kia or Hyundai, but the Musso EV pickup truck is shaking up the Korean Market. After the first models left for Europe, the company’s CEO is already saying it will be a “driving force” as it goes on a global conquest.
Korea has a new EV pickup that’s going global
During an event celebrating the first exports of its new Musso EV and Torres HEV pickup trucks, KG Mobility’s CEO, Kwak Jae-Seon, said the new models “have already received favorable reviews and garnered much attention from reporters and sales agents.”
KG Mobility (KGM) expects them to serve as “a driving force” as it expands exports into new global markets. The first Ro-Ro (Roll-on/Roll-off) hit the seas on June 12 carrying 983 vehicles, 184 Musso EVs, and 799 Torres HEVs.
The vessel is headed for Europe, where the first models will be sold in Germany, Spain, Norway, Hungary, and other markets, starting in August.
Jae-Seon, who personally drove the Musso EV onto the car carrier, said during the event that pickup is now on a “full-scale conquest” as it rolls out globally.
KGM’s EV pickup has already generated quite the buzz in Korea, beating Hyundai and Kia to the first fully electric pickup truck.
After launching the Musso EV pickup in Korea in March, the company announced it had secured over 3,200 orders in two weeks. The Special Edition model sold out in an hour and a half.
KGM promotes the vehicles as “a new alternative to mid-size SUVs” that’s more useful as an everyday ride with more interior space.
Measuring 5,160 mm long, 1,920 mm wide, and 1,740 mm tall, the electric pickup is about the size of a Ford Ranger (5,225 mm long, 1,910 mm wide, and 1,866 mm tall).
The infotainment system looks a lot like new Hyundai and Kia EVs with a dual 12.3″ driver cluster and touchscreen navigation screens in a panoramic display.
It also comes with a Land Rover-like ClearSite Ground View camera, allowing you to see what’s beneath you through several strategically placed cameras.
The electric pickup is powered by an 86.6 kWh LFP battery, providing a range of nearly 250 miles (400 km). With up 200 kW fast charging, it can recharge to 80% in 24 minutes.
KGM’s Musso EV is available in both single (FWD) and dual-motor setups. The FWD version features a 152.2 kW front motor, producing up to 207 horsepower, while the AWD model boasts up to 413 horsepower. It can tow almost 4,000 lbs (1.8 tons) and includes a “trailer sway function” to stabilize the vehicle while towing.
The Musso EV pickup starts at 48 million won, or about $35,000. With incentives, KGM says the purchase price is closer to 39.62 million won ($29,000).
With more monthly exports in May than it has in 10 years, KGM expects the Musso EV pickup to accelerate the momentum.
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