GM’s Bolt EV is being phased out at the end of the year, but it’s expected to be revived as an even better, lower-cost EV soon.
Many were disappointed to learn GM’s Bolt EV, one of the most affordable electric cars in the US, would end production at the end of the year.
GM’s CEO Mary Barra confirmed the automaker is planning an Ultium-based Bolt EV successor this summer following the positive response. Current production occurs at its Lake Orion plant in Michigan, but GM is phasing it out to make room for the Chevy Silverado EV.
Barra explained on the company’s third-quarter earnings call that the new Bolt will be “an even better EV” with engineering and manufacturing improvements.
One of the biggest changes includes an LFP battery. The next-gen EV will be the first Ultium-based EV to receive LFP batteries, which is expected to lower the price tag.
The company has yet to set a launch date, but according to sources, the new Bolt EV could be part of GM’s agreement with the UAW within the next few years.
GM’s Bolt EV expected as part of the UAW agreement
GM’s next-gen Bolt is expected to be built at its Fairfax, Kansas plant, sources familiar with the matter told Reuters.
According to the report, GM is considering building the Bolt EV at its Fairfax plant and a new series of premium electric models from Cadillac and Chevrolet at its Lansing Grand River plant in Michigan. The new series would also include an all-electric performance Corvette model.
The news comes as part of a new tentative agreement between GM and the UAW. The deal includes historic 25% wage increases, better retirement and healthcare, and other benefits.
GM expects to invest $1.25 billion into its Lansing Grand River and $391 million into its Fairfax plants.
The automaker is considering building the next-gen Bolt EV at the Fairfax plant in 2025. Other Cadillac and Chevy EVs would be built at Lansing starting in 2027.
GM currently produces ICE vehicles, including the Chevy Malibu and Cadillac CT at Fairfax and the Chevy Camaro at the Lansing plant, alongside the Cadillac CT4 and CT5 models.
Electrek’s Take
The news comes shortly after GM announced it would delay production of the Chevy Equinox, Silverado RST, and GMC Sierra Denali EVs.
With the Equinox EV pushed back, GM will need an affordable EV option to fill the gap. It would be smart to continue building the current model until the Equinox EV is ready to launch. Otherwise, GM risks losing market share to rivals like Kia, Hyundai, and Volvo, which are launching new, advanced EVs.
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GreenPower Motor Company says it’s received three orders for 11 of its BEAST electric Type D school buses for western state school districts in Arizona, California, and Oregon.
GreenPower hasn’t made the sort of headline-grabbing promises or big-money commitments that companies like Nikola and Lion Electric have, but while those companies are floundering GPM seems to be plugging away, taking orders where it can and actually delivering buses to schools. Late last year, the company scored 11 more orders for its flagship BEAST electric school bus.
As far as these latest orders go, the breakdown is:
seven to Los Banos Unified School District in Los Banos, California
two for the Hood River County School District in Hood River, Oregon
two for the Casa Grande Elementary School District in Casa Grande, Arizona
Those two BEAST electric school buses for Arizona will join another 90-passenger BEAST that was delivered to Phoenix Elementary School District #1, which operates 15 schools in the center of Phoenix, late last year.
“As school districts continue to make the change from NOx emitting diesel school buses to a cleaner, healthier means of transporting students, school district transportation departments are pursuing the gold standard of the industry – the GreenPower all-electric, purpose-built (BEAST) school buses,” said Paul Start, GreenPower’s Vice President of Sales, School Bus Group. “(The) GreenPower school bus order pipeline and production schedule are both at record levels with sales projections for (2025) set to eclipse the 2024 calendar year.”
GreenPower moved into an 80,000-square-foot production facility in South Charleston, West Virigina in August 2022, and delivered its first buses to that state the following year.
Electrek’s Take
Since the first horseless carriage companies started operating 100 years ago (give or take), at least 1,900 different companies have been formed in the US, producing over 3,000 brands of American automobiles. By the mid 1980s, that had distilled down to “the big 3.”
All of which is to say: don’t let the recent round of bankruptcies fool you – startups in the car and truck industry is business as usual, but some of these companies will stick around. If you’re wondering which ones, look to the ones that are making units, not promises.
While some recent high-profile bankruptcies have cast doubt on the EV startup space recently, medium-duty electric truck maker Harbinger got a shot of credibility this week with a massive $100 million Series B funding round co-led by Capricorn’s Technology Impact Fund.
It’s been a rough couple of weeks for fledgling EV brands like Lion Electric and Canoo, but box van builder Harbinger is bucking the trend, fueling its latest funding round with an order book of 4,690 vehicles that’s valued at nearly $500 million. Some of the company’s more notable customers including Bimbo Bakeries (which owns brands like Sara Lee, Thomas’, and Entenmann’s) and THOR Industries (Airstream, Jayco, Thor), which is also one of the investors in the Series B.
The company plans to use the funds to ramp up to higher-volume production capacity and deliver on existing orders, as well as build-out of the company’s sales, customer support, and service operations.
“Harbinger is entering a rapid growth phase where we are focused on scaling production of our customer-ready platform,” said John Harris, co-founder and CEO. “These funds catalyze significant revenue generation. We’ve developed a vehicle for a segment that is ripe for electrification, and there is a strong product/market fit that will help fuel our upward trajectory through 2025 and beyond.”
The company has raised $200 million since its inception in 2021.
There is no state more associated with cars and car culture than Michigan – and the state that’s home to the Motor City has just taken a huge step into the future with the deployment of its first-ever all electric police vehicle.
The 2024 Ford Mustang Mach-E patrol vehicle is assigned to the Michigan State Police State Security Operations Section, and will be to be used by armed, uniformed members of the MSP specializing in general law enforcement and security services at state-owned facilities in the Lansing, MI area.
“This is an exciting opportunity for us to research, in real time, how a battery electric vehicle performs on patrol,” says Col. James F. Grady II, director of the MSP. “Our state properties security officers patrol a substantially smaller number of miles per day than our troopers and motor carrier officers, within city limits and at lower speeds, coupled with the availability of charging infrastructure in downtown Lansing, making this the ideal environment to test the capabilities of a police-package battery electric vehicle.”
In those tests, the EVs have impressed – but the MSP has been hesitant to commit to a BEV until now. “We began testing battery electric vehicles in 2022, but up until now hybrids were the only alternative fuel vehicle in our fleet,” said Lt. Nicholas Darlington, commander of the Precision Driving Unit. “Adding this battery electric vehicle to our patrol fleet will allow us to study the vehicle’s performance long-term to determine if there is a potential for cost savings and broader applicability within our fleet.”