I believe you are correct that CUVs are a very popular class. But that begs the question: why are GM's expectations for the Bolt so low? Shouldn't they be planning to build 300-400K per year instead of ~30K? Tesla has demonstrated that demand for an EV in the arguably less popular sedan class is sufficient that 373,000 people were willing to preorder.
GM has very capable engineers. Given GM's vast resources, if GM management had taken the plunge and made a sufficient investment in battery technology and production capacity, EV drivetrain technology, EV-friendly design (aerodynamics and good looks) and a fast charging network, they should have been able to develop an EV that is projected to sell at least half as well as a car made by a company that introduced its first mass produced vehicle only four years ago. But so far GM has chosen not to make those investments so we don't know what they could have accomplished.
At some point, GM is going to have to dive in with both feet instead of dipping a toe in the water, or they will be left behind. As a former Detroiter, I really hope they figure that out. IMO "say nice things about the Bolt" doesn't help GM (or sustainable transportation generally) get where they need to go.
"dipping toe in water" is what Ford is doing. More like dipping a 10 foot pole in the water, now that I think about it.
GM was burned predicting Volt sales 6 years ago, not even coming close to sales protections. It's better to under promise, over deliver than over promise, under deliver.