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Exclusive: GM will build Chevy Bolt in Michigan in late 2016

Discussion in 'Electric Vehicles' started by igotzzoom, Feb 5, 2015.

  1. igotzzoom

    igotzzoom Member

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    (Reuters) - General Motors Co (GM.N) plans to begin building the Chevrolet Bolt, its all-new $30,000 electric car, in October 2016 at an underused small-car plant north of Detroit, two supplier sources said.

    Despite the heavy hype surrounding the car's unveiling last month at the Detroit auto show, the sources said, GM's production target for the Bolt is relatively modest, at about 25,000-30,000 cars a year.

    http://www.reuters.com/article/2015/02/05/us-autos-gm-bolt-idUSKBN0L92VL20150205
     
  2. flankspeed8

    flankspeed8 Member

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    Interesting development as this seems to now be more than a mere concept. Even though they will appeal to a differing demographic, I wonder if this will give Tesla a little kick in the pants to move things up a little faster.
     
  3. JST

    JST Active Member

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    "Relatively modest" by GM ICE standards. 25-30K cars is a pretty large number when you look at EV sales.
     
  4. ecarfan

    ecarfan Well-Known Member

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    Yes for an EV that is a pretty good production number. Let's hope GM lives up to their announcement: the Bolt is a "sort of" Model 3 competitor (it seems significantly smaller than the 3 is likely to be) and competition is good. I do wonder where they are going to get all those batteries from...
     
  5. EVNow

    EVNow Active Member

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    Not really. 85 mile Leaf makes a lot more than that (globally) - and sold >30k in the US alone last year.

    I expect Leaf 2 with double the range to sell near 100k per year in the US.
     
  6. scaesare

    scaesare Active Member

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    I wonder if this will change the rather negative position a number of people had about this on the Bolt announcement thread a few weeks back...
     
  7. EVNow

    EVNow Active Member

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    It takes a lot of reality hits to get rid of hubris and group think ;)
     
  8. Breezy

    Breezy Member

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    I hope so, or at least keep their feet to the fire to deliver the Model 3 without undue delay.
     
  9. AnOutsider

    AnOutsider S532 # XS27

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    Too true. Right now we have more on the Bolt than we do on the Model 3 (and almost as much as the Model X). I think it has a fair shot at making it to production.
     
  10. Krugerrand

    Krugerrand Active Member

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    Taking into consideration how often the media has reported misinformation about Tesla, what gives anyone the reason to believe the media has this story right? The GM source was not named, nor did a GM spokeperson care to comment. I'll wait for 'official' word from GM, tyvm.
     
  11. ItsNotAboutTheMoney

    ItsNotAboutTheMoney Active Member

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    Right now, but I think a good $37.5k long-range electric, could sell pretty well. A $37.5k long-distance electric, on the other hand, would sell like Christmas' hot toy.

    (Personally I'm either looking for a long-distance electric or I'll take a cheaper electric commuter,)

    I think part of the modest target would be that they'd expect competition.
     
  12. roblab

    roblab Active Member

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    We haven't seen it yet. Just because GM "says", doesn't mean it will happen on time, on price, on battery range, etc. etc. They may have a beta out by 2016, but just getting it past crash testing so Mr. Everyman can drive it takes a while. I'm not worried about direct competition for Tesla.
     
  13. Jeff N

    Jeff N Active Member

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    Detroit News now says the official announcement will be next week:

    GM to announce new electric car to be built at Orion
     
  14. scaesare

    scaesare Active Member

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    Sure, sure... throw in all the caveats you want about assuming it's not a mis-report, etc...

    But the earlier arguments were that GM didn't actually announce plans to build the Bolt. Or that if they did it would be in minimal numbers to satisfy compliance requirements, or not poach batteries from the Volt, etc...

    So assuming this goes forward as reported, does that change people's outlook?
     
  15. stopcrazypp

    stopcrazypp Well-Known Member

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    The situation has not changed a bit, here's the latest GM response to these rumors (see update on bottom):
    http://insideevs.com/chevrolet-bolt-built-michigan-october-2016-opel-companion-ev-coming/
     
  16. Jeff N

    Jeff N Active Member

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  17. tftf

    tftf Member

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    How about next week?

    GM to announce new electric car to be built at Orion

    The Detroit News usually has/had good sources at GM.

    More competition, less margins ahead imho. So long.
     
  18. stopcrazypp

    stopcrazypp Well-Known Member

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    We'll see next week then, but at this point we still have no commitment by GM of any production schedule even though we have plenty of rumors and speculation (so basically the same situation as concept launch and the time leading up to it).
     
  19. Krugerrand

    Krugerrand Active Member

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    None of those were caveats, but the truth of 'reporting' nowadays. Suddenly the information must be accurate because it's about GM and *the* Tesla killer, Bolt?

    Well that's just it, isn't it? We have to make assumptions. How about we just wait and see what's said by GM, and then wait and see what they actually put on the road before claiming some sort of forum *I told you so* victory. If GM gets just one thing right, let it be the range of +200 miles on a single battery charge. That'd be awesome.
     
  20. JST

    JST Active Member

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    Ok. I doubt that the Detroit News is wrong about this, but you are correct--until we have the actual official announcement we won't know for sure.

    But, hypothetically, if we get an official production announcement next week, can we put to bed the complaint about this being just a concept?
     

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