General Motors (GM) plans to reintroduce the Chevrolet Bolt as a 2026 model, aiming to turn the once budget-friendly electric vehicle into a profitable venture, according to GM President Mark Reuss during GM Investor Day. Although the new Bolt will not be built on GM’s Ultium platform, it will incorporate several new features designed to provide enhanced value to customers.
At the event in Spring Hill, Tennessee, Reuss emphasized that the 2026 Bolt will be priced “only slightly higher than the 2023 Bolt,” which started at $28,795. “The 2026 Bolt will offer the same value as the original Bolt and much more, and it will be a moneymaker for us,” Reuss said.
He also highlighted that GM’s strategy does not require the creation of a specialized team for low-cost electric vehicles, indirectly referencing Ford’s efforts in this area. “We know how to do this,” he remarked.
The new Bolt will be manufactured at GM’s Fairfax Assembly plant in Kansas and is expected to feature an updated interior design, resembling that of the Chevrolet Trax. One of the most anticipated updates is a significant improvement in charging speeds, addressing a common criticism of earlier Bolt models.
Reuss also teased a broader “Bolt family,” which will include an even lower-cost option alongside the standard model. Although details remain limited, the new lineup could include variations in body style, possibly revisiting the original Bolt EV’s hatchback design or exploring new crossover-like models.
Source: Autonews