The Chevy Bolt EV has been selling at record levels in the last quarter. In fact, demand is so high that GM has announced plans to increase production.
See also: GM: Chevy Bolt production halted after fires
The Bolt EV seemed to be on hold for a while. There were doubts that it would remain in GM's lineup as the automaker launched a new generation of electric vehicles based on the Ultium – making the Bolt EV look a bit outdated.
Of course, the battery that led to a recall of all Bolt EV batteries didn't help its reputation either.
But recently, GM confirmed that the Bolt EV and the larger Bolt EUV will remain in its lineup for now.
The company released its results for the third quarter of 2022 and confirmed that the Bolt EV and EUV had their best combined quarter for deliveries with nearly 15,000 deliveries in the U.S.:
«Record quarterly sales of Chevrolet Bolt EV and Bolt EUV, totaling 14,709 units combined».
See also: Chevrolet will not buy out dealers who don't want to sell EVs
GM is also expecting another record in the fourth quarter of 2022, having delivered about 22,000 Bolt EVs and EUVs so far this year, but now says it expects about 44,000 vehicles in 2022.
We've heard that GM is already producing a lot of EVs. If they come in Q4, it could help GM quickly ramp up deliveries in the final months of the year.
Now GM says it plans to go from 44,000 Bolt EV and EUV vehicles in 2022 to “more than 70,000 in 2023”:
In response to unprecedented customer demand, GM plans to increase calendar year production for global markets from approximately 44,000 vehicles in 2022 to more than 70,000 in 2023.
See also: Hertz orders 175,000 electric vehicles from GM
It's not surprising that GM is seeing high demand for its electric vehicle, given that the 2023 Chevy Bolt EV and EUV are getting a significant $6,000 price cut when most other EVs in the US are seeing price increases.
