NEW Chevrolet Bolt gets big changes including LFP batteries + Ultium platform

General Motors said they were going to get rid of the Chevy Bolt and the Bolt Euv and then GM fans or just electric car fans in general said no, no, no, don't get rid of it, it's a great car. General Motors, well, they did. said okay, we're not getting rid of it, but the truth is they are getting rid of it because the new version will be a completely different vehicle, say numerous reports with apparently inside knowledge of the vehicle. Hello friends, welcome to the channel. Sam Evans, you're looking at the Viking electric, the Chevy Bolt and the Bolt Euv, surprisingly they're still on sale and they're very, very cheap, very, very affordable, they're the most affordable electric cars you can buy in North America.

Now it's apparently the new model. will be quite different, according to rumors it is believed that the new Chevrolet Bolt will not be a Bolt at all, in fact, I want to say that the Bolt itself is more like a hatchback, well, the new versions will have a different battery pack and They will have a General Motor CEO with different body styles, Mary Barett, has confirmed that the next-generation Bolt will target the same low price and use LFP

batteries

. Now General M has just revealed to the Equinox. She remembers that they promised the Equinox would cost $30,000 for the Bas version many times.

He said many times it has been cancelled, now it has been cancelled, now it is $35,000 but we don't know when the cheap version will be on sale. The cheapest version you can actually buy costs 49,000, so we don't know how cheap it will be. but in reality it could be about the price of the Bolt Euv today and the reason I say that is because General Motors will be using lithium iron phosphate

batteries

. They are much cheaper to manufacture than the Ultium batteries in the current Bolt and current Bolt Euv. Actually, they are not Alin batteries, but they are some kind of Alin battery anyway, they are an NCA chemical battery, so there is nickel, cobalt and lithium in those batteries.

They are more expensive than lfp batteries anyway. Where will GM get them from? cheap batteries well, no one seems to know because there is no one mass producing lfp battery cells in the US right now, but that's what Goan high-tech says, the Chinese company building two Mega Battery factories in the US .US,

including

the Detroit area. You can supply them with batteries, but it doesn't look like they'll have full pop production for several years because they haven't even built their own factories yet. However, on GM's third quarter earnings call, Mary Bar said that several details about the new Bolt EV were confirmed, one of them being that it will use LFP batteries, not only are they cheaper to produce, but GM bought the cells, so they already made the purchase.

The question is who bought. well if they already made the purchase there is really only one company they could have, well two they could have bought them from b or catl that means the batteries will make the car not qualify for half the tax incentives so qualify for probably $3,750 of the full $7,500 incentive, just as the standard Tesla Model 3 R and standard model and range plus Mustang macki with lfp won't qualify for the full incentive next year or all of those cars use cells lfp made in China that said Chevrolet says they were going to equip the new Bolt, which will probably look more like the Bolt Euv, so it's more of a crossover SUV style with more range, faster charging and additional features to make it simply a better car.

So that's good, plus GM has confirmed that the vehicle will have many of the components found on the euv

bolt

, which means it will at least suggest to me that if it's going to have components from the euv

bolt

but not the stud, perhaps Maybe it will simply be a redesigned version of the Bolt Euv with LFP battery cells, which is very possible. Now clearly, General Motors' focus with this new version of the Bolt is to reduce costs, reduce costs, reduce costs, reduce costs, that's the biggest PR number one here because General Motors is definitely losing money on the bolt and the bolt euv now if they use lfp Sals you won't get the full tax credit but that won't really affect General Motors although it will affect them a little bit because their manufacturers actually do. get a battery credit that says it will still be cheaper for them to use lfp cells from a chinese manufacturer than altium battery cells which will help them lower the price, what else can they do to lower the price?

Well I do not know. I really know I'm fascinated, but General Motors has said that this new version of the bolt may hit the market at least 2 years ahead of schedule, which means it will likely be on sale in 2025, so General Motors already has bought the sales that General Motors has confirmed. They have confirmed that the body style will be like that of a small crossover SUV, but what we don't know is the price. I'm going to keep my fingers crossed that it's affordable because if it is, I think it will be. a car worth considering let me know what you think about it in the comments thanks for looking