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GM is making a new Chevy Bolt EV with an Ultium battery

A logo is displayed on a Chevrolet Bolt EV that sits on the sales lot at Stewart Chevrolet on April 25th, 2023
No launch date has been provided for GM’s new Chevy Bolt as the company tackles production issues impacting its Ultium battery packs. | Photo by Justin Sullivan / Getty Images

General Motors announced today that it’s developing a next-generation Chevrolet Bolt based on the automaker’s Ultium battery and drive technology to deliver “great affordability, range and technology.” It’s following three electric vehicles Chevrolet is already scheduled to launch this year: the Equinox and Blazer SUVs and the Silverado pickup truck.

GM CEO Mary Barra said during the company’s Q2 earnings call that the new Bolt will be brought to market on “an accelerated timeline” but didn’t provide specific details regarding a launch date for the affordable EV after GM announced in April that it would stop manufacturing the original model that was plagued by fires and an expensive battery recall.

“Our customers love today’s Bolt. It…

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