General Motor’s Chevy Bolt heads to scrapyard with mixed legacy, WSJ says

General Motors rolled out its Chevrolet Bolt electric vehicle in 2016 to nab a foothold in the nascent EV market and give consumers an affordable plug-in option, The Wall Street Journal’s Mike Colias writes. Now, the diminutive snub-nosed SUV is headed to the scrap heap. The Detroit car company said Tuesday that it will phase out the Bolt-GM‘s first mainstream EV-at the year’s end, concluding a choppy run marked by sluggish sales and costly recalls for battery fires, the author notes. GM is retiring the battery technology that powers the Bolt in favor of an in-house configuration that underpins a new crop of EVs now rolling out. GM executives have said the new technology is more efficient, provides longer driving ranges and will allow GM to turn a profit on the new models-unlike the Bolt, which has been a money loser. Reference Link