LG Chem Predicting 30,000 2017 Chevrolet Bolt EV Sales Next Year
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The 2017 Chevrolet Bolt EV has begun dealer allocations for California and Oregon dealerships as it prepares to launch by the end of 2016, but those sales will be in extremely small numbers
However, small numbers are far from what LG Chem, which supplies batteries and electronics for the 2017 Bolt EV, imagines for the EV’s upcoming full model year. Automotive News reports the supplier expects General Motors to sell 30,000 units of the Bolt EV in 2017.
The forecast came directly from LG Chem Vice President Kang Chang-beom, who made the prediction during a conference call over the company’s third-quarter earnings.
The 30,000 units is a far cry from what Kelley Blue Book analyst first predicted earlier this year, setting his figure at a lofty 80,000 units for the Bolt EV’s first year of sales. That estimate relied heavily on fleets, which could be keen on an affordable EV with 238 miles of range.
The 2017 Bolt EV will arrive with a $37,495 price tag before federal tax credits bring the cost down to $29,995.
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I thought 30,000 was a number that GM said before. If this is a compliance vehicle and they lose money on each one, why would they build 80,000 and lose that even more money.
GM doesn’t lose money on the Chevy Bolt EV. Only the dealers which won’t sell or service the Bolt EV will lose money.
GM did say they are building about 30,000 and they are primarily allocating them to CARB states and Canada. One could say this is the starting run for larger scale manufacture, or one could say this is a compliance car. Well know by 2018.
Meanwhile, all these utterly disgraceful “energy voter” ads on TV promoting oil & gas make it clear the oil companies are still actively subverting efforts to address climate change…. And the warning we’re actually observing now already is due to the CO2 released 15 years ago.
Meanwhile, is 75 F in Toronto in Mid-October October……. Very, VERY unusually warm weather.
This is insane. ICE vehicles need to die urgently. Like in the next two years.