GM Plans to Expand Production of the Chevrolet Bolt and Other EVs
Just a year after a massive recall that impacted tens of thousands of Chevrolet Bolt EVs, General Motors is expanding production of the electric hatchback and other models. The Bolt and Bolt EUV saw record-high sales through the third quarter, but the rising tide of GM’s production boost will lift several other models, too.
GM slashed the Bolt’s MSRP to spur interest in the EV following an impactful recall over the increased risk of battery fires. The strategy worked, and Chevy sold almost 15,000 units of the Bolt and Bolt EUV in the third quarter. GM’s plans include boosting production for international markets by more than 80 percent.
At the same time, the Detroit auto giant’s Factory Zero is going offline for weeks to prepare for Silverado EV production next year and to boost production capacity for the GMC Hummer EV. GM also plans to throw more resources behind Cadillac Lyriq production and will add shifts for Hummer EV production.
General Motors may grow its production capabilities, but plans for additional manufacturing depend heavily on the already taxed supply chain. GM had to shutter factories several times over the last few years as a chip shortage and a global pandemic wreaked havoc on production capabilities.
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Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.
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