GM to Bring Down Curtain on Chevy Bolt This Year
In last week’s first quarter earnings conference call, General Motors CEO Mary Barra announced that the company intends to discontinue making its electric Chevy Bolt vehicles prior to the year's end. Most of General Motors' electric car sales so far have been made up of the Chevy Bolt EV and EUV, a bigger version of the vehicle. The batteries in the cars, however, are an old design and chemistry compared to those found in the carmaker's more recent electric models, such as the Cadillac Lyriq and GMC Hummer, which are built on GM's Ultium platform. Barra announced that an assembly…