GM has bought greater than 175,000 Bolts within the U.S. because it was launched in 2016. The nameplate started as a hatchback and expanded to incorporate the bigger EUV crossover in 2021. The corporate mentioned practically 70 p.c of consumers who’re buying and selling in a car for the Bolt are utilizing a non-GM product.

The brand new Bolt will be part of the Chevy model’s rising EV lineup, which is able to embrace the Silverado EV, Blazer EV and Equinox EV, all of which launch this yr.

“It is a very capital-efficient, fast method to construct on the sturdy client response we have now to the Bolt and get an reasonably priced car out into {the marketplace},” Barra mentioned. “Frankly, I am tremendous enthusiastic about it.”