GM has resumed production of the 2022 Chevrolet Bolt EV and EUV and now has access to a supply of new batteries that should be safe from fire hazards. This comes after the Chevrolet Bolt was recalled due to potential battery fires affecting all model years, which led to a complete freeze in production of Bolt EV and EUV vehicles since last August.
“Our goal is to come back and, quite frankly, exceed business parameters,” Chevy vice president of marketing Steve Majoros said on a press call yesterday. The Bolt’s comeback plan includes catching up on new Bolt EV and EUV 2022 orders (2023 orders will begin in July), a new TV ad campaign coinciding with Major League Baseball’s opening day, and the “Herculean task” of Replace all batteries affected by the recall.
“We have a very, very good reliable supply to make sure we can meet all of these current needs,” Majoros said of the battery replacement. Majoros revealed that there are 6,700 Bolt vehicles in stock at dealerships awaiting new batteries, and battery supply will be prioritized for current owners affected by the recall over unsold inventory.
Majoros did not comment on how many Bolt owners are still waiting for new batteries, how quickly they are replaced or any other statistics related to the recall. But when a customer receives a new battery, Chevy says it will come with an updated eight-year, 100,000-mile warranty, plus an additional 20-mile range. The only other detail shared was that the National Highway and Traffic Safety Administration is in close communication with GM on the status of faulty battery replacements.
GM’s initial 2020 recall included 68,000 Bolt EVs worldwide, but later grew to around 140,000 EVs, affecting even the newest Bolt EUV. But Majoros says GM is “in a much better position” when it comes to the supply chain affecting the Bolt EV and EUV. The same can’t be said for Chevy’s Camaro sports car, which GM halted production this week due to unspecified supply chain issues.
Old batteries from the recalled Bolts will be fully recycled or reused, according to GM’s Kevin Kelly, but it was not revealed how they will be reused and whether the patched batteries share parts with the old ones. But Majoros said the new batteries aren’t the same as those used in GM’s Ultium battery platform, which is used with partner companies like Honda and also in other GM electric vehicles like the GMC Hummer EV. , which can assure customers of these other Vehicles.
The meeting also revealed that GM spends more on the Bolt EV and EUV than almost any other product in its lineup, including marketing and manufacturing. The company’s most expensive product is the Chevy Silverado pickup truck, which will soon get its own EV version. GM plans to make twice as many large EUVs as smaller hatchbacks, according to Kelly. The Bolts will join the Cadillac Lyric and GMC Hummer EV as the company’s electric vehicle offerings that are actively in production.