The Chevrolet Bolt is a part of the automaker’s EV collection and has stood on its own as the sole EV in the line for a few years. It is a cost-effective EV that is best suited for city life and not long distant driving. Even though the model has been an excellent option for those looking to enter the EV market without dropping an extreme amount of money, people are beginning to steer away from the EV due to a massive recall initiated in 2021.
It slowly turned into a recall for every EV on the market. Many owners are demanding buybacks of the vehicles that have now become a fire hazard. It is reported that General Motors could lose $1.8 billion due to the recall. The automaker is placing the blame on the battery maker LG. It is to the point where GM is canceling the model, at least for now. No one knows the current future of the model. Only time will tell.
- 2022 Bolt (Starting MSRP: $31,500)
- Pro: It is an inexpensive option to transition from gas to electric.
- Con: The massive recall has made many people wary of purchasing new or used models.
- See Also: Nissan Leaf and Tesla Model 3
- The former GM engineer reacts to the major recall
- Chevrolet customers demand buybacks
- The model is the highest rated EV tested by Consumer Reports
- GM is canceling the model for now