GM CEO Mary Barra just more details about the company's plan to overhaul, rather than discontinue, the affordable Chevrolet Bolt EV.
GM had originally planned to end Bolt production forever in December, but a recent surge in Bolt sales convinced it to overhaul the little EV instead.
Barra said that GM had originally planned to launch a series of newly designed EVs in entry-level segments at a total cost of around $5 billion. But given the popularity of the current Bolt – 2023 is already the model's best year ever for sales – it made sense to revamp the existing car instead.
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