Chevy Bolt Sets Sales Record

Aptera Community Solar EV Industry News Chevy Bolt Sets Sales Record

Aptera Community Solar EV Industry News Chevy Bolt Sets Sales Record

  • Chevy Bolt Sets Sales Record

     John Voules updated 2 months ago 8 Members · 14 Posts
  • Jonah Jorgenson

    Member
    October 3, 2022 at 2:13 pm

    Once thought dead because of battery issues and rumored end of production, the Bolt sets third quarter sales record with new, lower pricing. The Bolt will be competition for Aptera in 2023. The favored form factor (EV/Cross Over) seats five and at a price that is around Aptera’s entry level. With the increased demand, GM is increasing production. Emphasizes the point that price is a major factor.

    Also Bold sales figures should be a motivation for Aptera to get a vehicle into the market place soonest even wit out all the bells and whistles forum members want.

    You may need to be a member of Barrons to read the article.

    https://www.yahoo.com/finance/m/52a4229f-f8b3-3316-b429-b6030cfbd437/general-motors-ev-bolt-sales.htmlhttps://www.yahoo.com/finance/m/52a4229f-f8b3-3316-b429-b6030cfbd437/general-motors-ev-bolt-sales.html

  • Leaver

    Member
    October 3, 2022 at 2:25 pm

    I have a 2023 ordered and will take delivery in the new year so it qualifies for the tax credit. With the credit, the cost should be south of 20K. Can’t beat that.

    • Jonah Jorgenson

      Member
      October 3, 2022 at 3:20 pm

      Smart move on your part! Good delivery strategy as well. did you have to pay the dealer a market adjustment when you ordered?

      • Leaver

        Member
        October 3, 2022 at 3:31 pm

        No “market adjustment” from the dealer I’m going with… just MSRP. However, I did contact about 6 or 7 different dealers and some did want to “up-charge” while others were fine with MSRP. So it’s worth shopping around.

    • Yvon Yuen

      Member
      October 6, 2022 at 10:54 am

      If Aptera were available two months ago or now, I’d have bought Aptera with 600 mile battery pack. My premier Bolt euv out the door was $45K. The only advantage the Bolt has is that it can seat 4-5 people which Aptera only can do 2. 600 mile range and solar re-charge would be the ideal for me.

      • Jonah Jorgenson

        Member
        October 6, 2022 at 4:02 pm

        Yes, but new advantage for the Bolt. You can buy a 2023 Bolt EV LT1 for around 26K with the new pricing. Starting 1 Jan, the Bolt will qualify for a government incentive. That is five seats and 257mi range and the preferred form factor (Crossover/SUV) for the same price as an Aptera 250mi base. One more advantage, you can get that Bolt now.

  • seth feldman

    Member
    October 3, 2022 at 4:04 pm

    Is this a personal sales record, or are they actually outselling the competition?

    Even if there is a bit of a premium I bet the range/lack of range anxiety will sway many people towards aptera (myself included).

    • George Hughes

      Member
      October 4, 2022 at 1:27 pm

      What I read was they were planning to built 44,000 units this year but demand seemed to be higher and so they’re expanding production next year to 70,000 units of both Bolt models combined.

      This comes as news as the model was literally shelved while GM went through a monster PR battle over the car burning down houses when parked in the garage.

      The Bolt is a competent vehicle with over 200 miles of range that is quick (under 7 second 0-60) with five seats, a steel body and a 60~ kw battery that has a MSRP of $25,000.

      It is not the best handling EV but all EVs benefit from low center of gravity and the Bolt, with its simplified suspension, unitbody and GM’s automation, is among the last of its car-based production systems. It literally benefits from GM’s parts bin for most elements outside its obviously simplified electric drive train (everything from suspension arms to door handles are from that bin.)

      The only reason it wouldn’t sell is if they were still self-combusting – which as anyone with a petro-powered vehicle knows is a broad problem that was exploited by the fossil fuel industry to instill fear in buying electric. (That is why its problems were hyped.)

      The real question was more whether the bad taste left in the mouths of early-adopters of earlier versions of the Bolt after being, in their minds, jerked around so much their eye-teeth are still jiggling, have successfully trashed the brand.

      GM is also headed away from the car building business and may seek entry into the customer data industry and feels it important to get as many sales with this ‘now’ ancient EV platform figuring subsequent sales – especially services like On-Star – will make up for the slim margins on these vehicles. I.e. the MBAs are probably looking at the total ‘profit’ value of the unit over time in plotting their strategies.

      • Jonah Jorgenson

        Member
        October 4, 2022 at 3:54 pm

        The EPA range of the Bolts is 257 miles, roughly the same as the Aptera entrance vehicle.

        I believe GM is not heading away from the vehicle business. This time next year they will have three Chevrolet EVs for sale, an electric pickup, a Cadillac SUV, and the Hummer EV. They are converting ICE manufacturing facilities to EV related production and will have a battery manufacturing plant as well. Such massive capital investment indicates a continuing commitment to vehicles and transition to electric vehicles.

        None of the above is an indication of moving away from vehicle manufacturing.

        • This reply was modified 2 months ago by  Jonah Jorgenson. Reason: update content
        • George Hughes

          Member
          October 5, 2022 at 7:05 am

          Sure, GM is going to continue to build vehicles but their pricing of those vehicles will be impacted by more than the profit earned or lost at the point of sale of the vehicle.

          But the people in the executive offices are much more inventive than to consider the point of sale as the only point in the process of mobility as the majors plot how they’re going to profit in a world with self-driving cars that act like ubers. Who knows, they may eventually withdraw from consumer direct sales of vehicles opting into vehicles as a service and never sell a citizen a car again.

          There is an old “Down East” joke about a fellow asking directions at a country store. After the old salt at the store rambles about heading east, then heading west, then heading north and a left and a right, nope, nope, you gotta head south and after rattling off a few more lefts and rights the salt suddenly stops talking and says, “You know, you can’t get there from here.”

          I don’t know if that future will be all good, partly good, kind of meh, bad or horrid … but it will be radically different and will be decided by our ultimate balance of sustainability with exploitation – t he former being the logic and latter the driver and the question being the degree to which logic is sacrificed for greed.

  • Ray L

    Member
    October 4, 2022 at 5:38 pm

    I could easily get 300 miles on a charge from my 2017 Bolt. It is an excellent commuter car.

  • Vernon Michael Gardner

    Member
    October 6, 2022 at 5:34 pm

    It is embarrassing how much dealerships were charging for the Bolts just a few months ago. EV/EUV were mid to high $40’s (x1000) and they were still selling them. I stopped shopping for a Bolt just as they promised 2023 pricing.

    • John Voules

      Member
      October 6, 2022 at 6:09 pm

      I’m assuming as we get closer to the end of the year that there will be some type of credit GM will give to dealers for remaining 2022s. I went online to go through order process and it showed a bunch of dealers near me that have exact configuration that I am looking to order.

Viewing 1 - 5 of 5 replies

or to reply.

Original Post
0 of 0 posts June 2018
Now