: The Chevy Bolt will be gone soon. Good luck finding an EV for less than $30,000


The end of the line for General Motors Co.’s Chevy Bolt underscores how hard it is for auto makers to make money out of electric vehicles despite soaring new-vehicle prices and as several makers throw all their weight on a full transition to EVs.

General Motors GM earlier this week said that it will end production of the Bolt, the car it says “set in motion GM’s all-electric future,” by the end of the year. Dealers will take orders through the summer, with GM on track to build more than 70,000 Bolts this year.


This article was originally published by Marketwatch.com. Read the original article here.

Previous articleStock-market investors want the Fed to answer this crucial question
Next articleDow Jones Newswires: South Korea’s exports fall for seventh straight month as chip sales plunge


Please enter your comment!
Please enter your name here