Chevy Bolt Will Be Killed Off To Make Room For Better Cars

The future of theChevrolet Boltis in question right now. GM willunveil the Equinox EV in September, which should round out to roughly $30,000. Frankly, things don't look good forGM's cheapest EV. The Bolt EV starts at just $26,595 and the Bolt EUV will start at $28,195. One of those two is closer to the Equinox than the other, and the latter is a small hatchback- essentially a death sentence in the American market for all but the segment's bastions (like the Golf GTI).

"Will Bolt be in our portfolio 'x' numbers of years from now? No, it won't. It's a great product right now. It will be with us for some time. But as we scale and ramp volume here, portfolios change," said Steve Majoros, Chevy's VP of Marketing.

Majoros, speaking to theDetroit Free Presswent on to say that the Bolt will "be with us for the foreseeable future and as we ramp portfolio, then we'll see about the long game for that, so … more to come." A restructuring of GM's manufacturing capabilities won't kill the Bolt either. Not yet, at least.

GM has dumped a whopping $7 billion into its manufacturing capabilities in Michigan. That includes the Orion Assembly plant, where the Bolt is currently built. The model will eventually share a production line withthe Silverado EVand the electric GMC Sierra. Despite that, Majoros said the Bolt's production "will continue during the plant's conversion." That said, it would be foolish not to take into account what happened to the Bolt's predecessor. Once you do, things start to sound familiar.