In an interview with Automotive News, Marissa West, GM's new North American president, said that a new Bolt will be 'the most affordable vehicle on the market by 2025.' That's a bold claim, but not an impossible one for Chevy.
The upcoming Bolt should see a switch over to lithium ferro-phosphate (LFP) battery chemistry, too, which should lower manufacturing costs.
On top of that, the demand for smaller, affordable EVs is still there, especially the Bolt, whose older models remain a top choice for an entry-level EV.
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