Chevy Bolt Had a Record Sales Quarter
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Chevy Bolt Had a Record Quarter

Chevy Bolt owners who opt for rebates must waive right to sue over battery fires

With its low price, practical shape, good-looking body, and a new, fire-resistant battery from LG, the Chevy Bolt is coming into its own.

Despite its age within the segment, the Bolt EV — along with its larger sibling, the Bolt EUV — is going to stay within the Chevy lineup because of its rampant success. GM has delivered roughly 22,000 Bolt EVs and EUVs so far this year, and the manufacturer says that with hopefully another record quarter in Q4, that number could reach 44,000 for all of 2022.

GM also has hopes to grow from 44,000 Bolt EVs and EUVs in 2022 to “more than 70,000 in 2023.”

Now, the Bolt has had its share of tribulations. There was the issue of battery fires that led to a recall of all Bolt EV batteries — but, as bad as that PR was, it led to every single used Bolt on the road getting a brand new, upgraded LG battery, making them some of the best deals in the business.

That said, it’s easy to see why the Bolt has such staying power, especially considering its shockingly low price point. Upon reviewing the car back in 2018, the Truth About Cars’ Tim Healey wrote, “Forget the EV powertrain or the nearly 240 miles of range for a second. The Bolt is a well-packaged small car with interesting design and infotainment tech. That alone may make it worthy of a look.”

The 2023 Chevy Bolt EV and EUV saw a $6,000 price cut, after most other EVs in the North American market are seeing price increases. That low price, combined with access to IRA tax credits and the Bolt’s genuine good looks, seem to be keeping the car in high demand.

You can check out some pictures of the top-shelf Bolt EUV Redline, below, then let us know what you think of GM’s compact electric in the comments.

Bolt EUV Redline

SOURCE | IMAGES: GM, VIA ELECTREK.

AUTHOR: 

JESSICA MCCORMICK

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