Autos

GM’s EV plans begin to take shape with new lower-priced Chevy Bolts

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2022 BOLT EUV

Source: Chevrolet

DETROIT – General Motors’ pivot to become an all-electric vehicle company by 2035 is starting to take shape as the automaker prepares to release two Chevrolet Bolt models this summer ahead of a flagship $113,000 GMC Hummer EV pickup later in the year.

The all-electric Bolts – a redesigned hatchback and a new crossover – will both start at under $34,000. They are the beginning of what GM hopes will eventually be a full lineup of “affordable” EVs as the company builds scale to reduce costs of its next-generation electric vehicles such as the Hummer with new battery systems and platforms.

“If you take a look at what the GMC Hummer EV represents and what the…



Source cnbc.com

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