GM has announced that they will discontinue the Chevrolet Bolt EV hatchback and EUV small crossover at the end of the year, GM CEO Mary Barra told investors on Tuesday.
The Orion Assembly plant used to make the Bolt EV will shift production to electric trucks such as the Silverado EV that use GM’s more sophisticated Ultium propulsion system.
This will mark the end of one of the most affordable electric cars and pacesetters for the nascent electric car market when it launched in 2017. It won Green Car Reports’ Best Car To Buy 2017 for its high range and affordable price, at the time.
The battery cells in the cars are an older design and chemistry than the automaker’s newer vehicles such as the GMC Hummer and Cadillac Lyriq.
The company has said that a suburban Detroit plant that has produced Bolt models since 2016 will be retooled in preparation for production of electric trucks scheduled for next year.