2023 model of the Chevrolet Bolt. The new version will run off an Ultium battery.  -  IMAGE: Chevrolet

2023 model of the Chevrolet Bolt. The new version will run off an Ultium battery.

IMAGE: Chevrolet

The Chevrolet Bolt will return in 2025 after a year’s hiatus, Automotive News reported.

CEO Mary Barra announced in the automaker’s quarterly earnings call that the Bolt is returning in its second generation.

GM earlier retired its entry-level electric car and planned to convert the Orion plant where it produced it to production of the electric Chevrolet Silverado and GMC Sierra in late 2025.

The Bolt, first introduced in 2017, had been popular with consumers, though. In GM’s second-quarter earnings call, Barra said it made 50,000 electric vehicles in North America in the first half of this year, 80% of them the Bolt.

GM says 80% of Bolt owners stay loyal to the brand and that almost 70% of consumers trading in for a Bolt bring in a non-GM model.

“It has been delivering record sales and some of the highest customer satisfaction and loyalty scores in the industry,” Barra said in a press release. “It’s also an important source of conquest sales for the company and for Chevrolet.”

The new Bolt will work off an Ultium battery.

GM is also launching three new EVs this year: the Silverado, Blazer and Equinox.

LEARN MORE: New Test Ranks EVs' Charge Times

Originally posted on Auto Dealer Today

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