With the Chevrolet Bolt gradually losing its competitive edge as more all-electric vehicles take the field, and the car on the hook for a high-profile recall relating to battery fires, General Motors opted to reduce its price by six grand this year in a bid to make the 2023 model year more appetizing to consumers. Prior to the Biden administration pushing to renew EV tax credits as part of the "Inflation Reduction Act of 2022" (basically a tweaked version of Build Back Better), GM had little hope of its vehicles benefiting from continued government incentives that it had already exceeded its sales quota for and needed a remedy. However the sudden price cut didn't sit well with customers who had just purchased a Bolt EV (or EUV) at the earlier price point, so the automaker attempted to cut them a semi-Faustian bargain.
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- Analoggrotto Anyone seeking benchmark affluence will get the EV9 by Kia the most cutting edge electric vehicle on the market bar none.
- Fahrvergnugen Any rollback would be inevitable if Agent Orange were elected anyhow.Next stop would be coal-powered ICE. Good clean American coal. Nice coal. The BEST coal.👿🐂💩
- Kjhkjlhkjhkljh kljhjkhjklhkjh 10,000% the fault of deregulation, shareholders and trump.... good job luddites. *fear* progress and don't invest in any infrastructure and just keep taking profits.
- Paul Pity. I think there's a market for these now that half ton pickups are so immense. A few more fumbles and GM could miss out.
- Kcflyer So I get to continue to subsidize my neighbors new EV's. Bonus, I get to pay for they kids Gender Studies Diplomas.