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2 results for “general motors”

Electric Vehicles

GM Slashes New Chevy Bolt Production by 75% as Post-Subsidy EV Demand Cools

A union official says GM's Fairfax plant will build only about 35,000 new Bolts — down from a planned 150,000 — before the model ends in early 2027, underscoring how the end of America's $7,500 EV tax credit is reshaping automakers' electric plans.

Meridian Newsroom30 Sept 20266 min read

Automotive

GM Slashes Chevrolet Bolt EV Production by 75% as Post-Subsidy Demand Reshapes Detroit's Electric Plans

The new Chevrolet Bolt was meant to be GM's affordable-EV comeback at $27,600. Now the Kansas plant that builds it is on pace for about 35,000 units instead of 150,000 — the clearest sign yet that the end of federal EV support has rewritten Detroit's maths.

Meridian Newsroom29 Sept 20265 min read