There's more to General Motors Co.'s Chevy Bolt demise as auto makers face the tough realities of making a truly low-cost EV.
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The end of the line for General Motors Co.’s Chevy Bolt underscores how hard it is for auto makers to make money out of electric vehicles despite soaring new-vehicle prices and as several makers throw all their weight on a full transition to EVs.
General Motors GM earlier this week said that it will end production of the Bolt, the car it says “set in motion GM’s all-electric future,” by the end of the year. Dealers will take orders through the summer, with GM on track to build more than 70,000 Bolts this year.
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