News Formal

GM to end production of first mass market EV this year

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

General Motors Co said Tuesday it will end production of its Chevrolet Bolt electric vehicle later this year as its shifts zero-emission production to trucks and SUVs built on a new battery platform.

said Tuesday it will end production of its Chevrolet Bolt electric vehicle later this year as its shifts zero-emission production to trucks and SUVs built on a new battery platform.

The Bolt was preceded by the Chevrolet Volt -- a plug-in hybrid that GM ended production in 2019. In the late 1990s, GM built and leased about 1,100 EV1 cars. GM said its Detroit-Hamtramck and Orion plants will be able to build more than 600,000 electric trucks a year by late 2024.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GM stock rises on Q1 earnings beat, raised outlookGeneral Motors Co. stock rose 3.6% in premarket trades Tuesday, after the car giant reported better-than-expected first-quarter results and raised its...
Source: MarketWatch - 🏆 3. / 97 Read more »