General Motors Confirms 2025 Debut for Next-Gen Chevy Bolt Electric Vehicle

Dec 07, 2023 01:46 AM EST

A PARKED WHITE CADILLAC — (Photo : PEXELS/Andrey Andname)

For electric vehicle aficionados, GM has excellent news. CEO Mary Barra has officially confirmed that the next-generation Chevy Bolt Electric Vehicle (EV) is set to debut in 2025. The last Chevy Bolt model was scheduled to be discontinued in 2023, leaving EV consumers eager for additional information.

Next - Gen Chevy Bolt on the Way

GM's strategy changes toward Ultium-based products, including the hotly anticipated electric Chevy Silverado, Blazer, and Equinox EVs, included retiring the Chevy Bolt. Mary Barra had initially revealed GM's plan to phase out the Chevrolet Bolt EV and EUV production, signaling a major transition in the company's electric vehicle lineup.

EV fans were enthusiastic about a new Bolt. This Ultium-based approach will improve driving, charging, and ownership, say GM executives. A highlight will be Lithium Iron Phosphate (LFP) batteries. The next-generation Chevy Bolt EV will have LFP batteries, the first in the US, to cut electric vehicle costs. Electrek provided details about this development from Chevrolet.

Chevrolet sold 11,029 Bolts in the US in 2022, a 50% decline from the year before due to the arrival of the Bolt EUV. Despite its low production, the Chevy Bolt has a loyal following.

While specific technical specifications for the next-generation Bolt have yet to be released, it is confirmed to remain an electric vehicle, designed around GM's Ultium technology, and will incorporate LFP battery cells. This method should streamline production, cut costs, and make the next Bolt a cheaper entry-level EV. Autoblog provided updates about Chevy's latest plans.

The production location for the next-gen Bolt is still uncertain, as GM continues to retool its manufacturing facilities for electric vehicle production. GM's electric vehicle expansion bodes well for the auto industry and EV supporters. As 2025 approaches, excitement for the next-generation Chevy Bolt Electric Vehicle soars.

The Price Range

In the realm of electric vehicles, the 2023 iteration of the Chevy Bolt is known for its affordability, starting at $27,495 which includes a $995 destination charge. As one of the more budget-friendly options in the EV market, it has garnered attention.

The future of this vehicle is changing as General Motors (GM) introduces a cost-efficient replacement. GM's plan to construct the next-generation Chevy Bolt Electric Vehicle at a cheaper cost raises pricing concerns, but it may also indicate a desire to increase profit margins. GM is dedicated to increasing its electric car lineup as the automotive industry electrifies.

One aspect still shrouded in uncertainty is the production location for the next-gen Bolt. Currently, Chevrolet manufactures the existing model at the Orion Assembly Plant in the Detroit area. However, this facility is undergoing transformation to accommodate the production of electric trucks like the Silverado EV and the GMC Sierra EV.

About GM

As shared on its website, General Motors envisions to have a diverse team of over 165,000 employees with a shared passion for engineering, technology, and design is working together. The company wants such team to realize ambitious vision. It thinks their aggressive commitments are helping them achieve this aim. It also creates innovations that help people move and connect to what matters.