General Motors is expected build a more affordable version of the Chevrolet Bolt electric utility vehicle (EUV) in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet in Michigan as part of its planned $13.3 billion in investments in U.S....
General Motors is expected build a more affordable version of the Chevrolet Bolt electric utility vehicle in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet in Michigan as part of its planned $13.3 billion in investments in U.S. facilities, sources told Reuters. The outline of GM’s planned investments through April 2028 was laid out on Saturday in a UAW summary of the new contract it negotiated with GM.
GM is considering whether to build a lower-cost version of the Bolt electric utility vehicle at the Fairfax plant in 2025 and the premium EVs for Cadillac and Chevy — including a pure electric performance model with the Corvette name — in Lansing beginning in 2027, according to sources familiar with the automaker’s thinking, who asked not to be identified.In a statement, the company said, "We'll have more specifics around product details moving forward.
Chief Executive Officer Mary Barra has said the current Bolt will be phased out of production at the end of this year. She said GM expects to introduce a revised Bolt with lower-cost batteries, but has not said when or where the new model will be launched. “GM’s transition is a little trickier given their focus on BEVs,” said Bill Rinna, director of Americas vehicle forecasts at GlobalData. “BEV demand over the life of the contract is certainly not a given, so kicking the can down the road on that front may be justified.”
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