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Biden really, really doesn’t want China to flood the US with cheap EVs
(www.theverge.com)
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this post was submitted on 10 May 2024
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Not exactly true when they're selling them for $10k-$15k. The Bolt is comparable to a Chinese EV and they only sell around 2k per month while something like the Model 3 sells 50k per month.
If you lowered the price of the Bolt to the price of a 10 year old used Camry, I'm sure it would sell a lot better but this is an artificial price that completely distorts the market and puts a lot of people out of work for what amounts to a temporary savings. This is the whole point of tariffs. They level the playing field for everyone.
Where I live, the base model of the Chevy Bolt is $41k, and doesn't have heat pump climate control (or isn't talking about it). It also doesn't look like it would seat 5 comfortably. Now, even without the spectre of financially supporting Elon's antics, I don't see a lot of reason to pay another $10k for a reasonably similar car. People are weird. 🤷♂️
Often what people say they want and what they actually spend their money on are not even in the same ballpark. This reminds me of all the guys from /r/Cars who'd say they dream of some stripped down vehicle with crank windows and no features but when manufacturers make them, nobody actually buys them.
They discontinued the Bolt. They needed the factory for trucks.
https://gmauthority.com/blog/2024/03/next-gen-chevy-bolt-ev-to-arrive-for-2026-model-year/
Yeah I know. By popular demand. They didn't plan to bring it back until people complained about one of the only affordable EVs being removed from the market. But it's coming back on their ultium platform that's been plagued with problems.