Forum Discussion
Reisender
Oct 09, 2023Nomad
RetiredRealtorRick wrote:Reisender wrote:RetiredRealtorRick wrote:
Yes, it is a shame that the Bolt is being discontinued, but IMO it sends a huge message. If Americans won't embrace what is probably the lowest priced, very affordable EV, it looks like the mainstream buyer is not ready for EV's. Bring on the economical ICE's and hybrids. I think they're here to stay for quite a while.
The bolt is being discontinued because they lose too much money on them. The price has to be as low as it is to compete with Teslas 38000 dollar model 3 which is a superior car in every way. Essentially they just got priced out of the market.
The base price of a Bolt is $26,500 -- a far cry from Tesla's $38,000 buy-in.
Exactly my point. They have to be that cheap to sell against the tesla. And even then the majority spend the extra money and step up to the tesla. Doing a cross country the country road trip in any season is easy with a tesla. A bolt…not so much. R
The bolt is a nice little commuter and works well for people who need it for that. But short of a large makeover it’s easier to just produce a whole new model with decent charging and tech. And that will happen with the Equinox. As well they need to produce its replacement in house in North America instead of just buying and importing all the significant bits from Korea and assembling them in North America.
I don’t think the bolt name will disappear. It’ll be back…someday.
All the above JMHO. Not an expert.
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