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Mike Fraser :Jets:

@sohan Not entirely accurate. Chevy spent a lot of time, money, and research on electric vehicles, starting in rhe early 00s. The Chevy Volt was the result. An amazing piece of engineering and a step forward in electric drive trains. After the Volt, the Chevy Bolt ticked all the boxes of a small, affordable, long-range electric car. After massive investments, both cars had flat sales. The next logical step was a pivot to electric trucks and suvs. Chevy literally bet the co. on electrics.

5 comments
Eugene

@mike @sohan and they managed to cancel both just as government subsidies were going to make them affordable. GM has always had amazing engineers and terrible management decisions.

Mike Fraser :Jets:

@evil1 @sohan Bolt was always pretty affordable and qualified for subsidies in Canada.

Tom Harrington

@mike @sohan dealers were charging over sticker price for Bolts because supply didn’t keep up with demand. Sales could have been higher if they made more.

caffeinatedgeek :Jets:

@atomicbird @mike @sohan the issue isn’t demand, it’s profit margin. Auto makers currently make more money selling ICE SUV and Trucks.

Jiub :verifiedenby:​ :verifiedtrans:​ :verified_estrogen:​

@mike @sohan that's actually outdated information for the Bolt. it's been selling so well that GM decided to continue selling it instead of cancelling it.

goodcarbadcar.net/chevrolet-bo

in 2023 the Bolt EV and Bolt EUV actually sold more than any other EV in the US besides the Tesla Model 3/Y

electrek.co/2024/01/10/best-se

the conventional wisdom is that people want massive SUVs, but this shows that there's a market for small, cheap, simple EVs.

@mike @sohan that's actually outdated information for the Bolt. it's been selling so well that GM decided to continue selling it instead of cancelling it.

goodcarbadcar.net/chevrolet-bo

in 2023 the Bolt EV and Bolt EUV actually sold more than any other EV in the US besides the Tesla Model 3/Y

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