Bolts are crappy? My wife drives one, and given the cost, I like it more than my Tesla. Before covid pricing, you could pick one up brand new for mid-20s. And they will get back to that level after the bubble pops, because GM is keeping the mediocre range and "fast" charging speeds. For someone who just wants a runabout that can handle pretty much any daily driver scenario, the ROI is unbeatable. That it makes me smile to drive it is a plus.
“GM recalls every Chevy Bolt ever made, blames LG for faulty batteries”
https://arstechnica.com/cars/2021/08/gm-recalls-every-chevy-...
I think having to recall every Bolt ever made for battery system failure, which is the primary part of the car is “crappy”. The other parts of the car might be fine but the actual battery system has been giving people trouble for years now. That’s why I say it’s no good. The other parts of the car are probably decent. But having to recall every car and swap the battery is a massive failure on GM’s part (and their partner LG).
Innovation is cute and everything. But profit is king.
GM likely saw the writing on the wall, people probably weren't willing to pay the full MSRP. Especially when Kia/Hyundai is managing to provide plug-in hybrids for 30k. (As far as quality/fit, I sat in an early Niro Plugin and the interior was something in between the Bolt and a Sonata... but some people care more about price nowadays.)
GM doesn't mind selling a $40k car instead of a $33k car. What matters is volume x margin. You hit on the volume factor. I suggest that GM could have increased their volume dramatically by actually marketing the car. In my opinion they actively discouraged sales. They did not want to sell more of them. I think this points to a margin problem. Every hour of labor and every square foot of production facility given to the Volt was actually hurting GM. Not because the Volt had a negative margin, but because the Volt had a negative _relative_ margin.
If GM layed off every line worker/engineer/artist etc working on the Volt and closed every production facility that manufactured it, GM would have lost money.
But if they repurpose all that into the production of a 1/2-ton truck, they make more money than they do on the Volt.
If they repurpose it all into the production of the Bolt that sells for $40k, they make more money than on the Volt. You can argue that the Volt is 2x or 3x better than the Bolt. But that would be arguing from the wrong perspective. With a little marketing the Bolt should sell as well as the Volt (even at a higher price tag) and provide significantly higher margins. Same volume x higher margin = kill the Volt.
Aside from the battery recall, what's crappy about the Bolt? $36,000 for 250 miles of range and the reviews seem pretty good. That said, I was disappointed that they canceled the Volt.