The Chevy Bolt family (Chevy Bolt EV, Chevy Bolt EUV) is showing strong sales performance as of late, leading its segment and jumping in sales volume. Notably, the vast majority of new Chevy Bolt buyers are trading in a non-GM vehicle to get into a Bolt EV or Bolt EUV.
According to General Motors, 70 percent of Chevy Bolt EV and Chevy Bolt EUV buyers are trading in a non-GM vehicle. The top three competitor trade-ins include Toyota, Nissan, and Honda.
Chevy Bolt sales have been on the rise lately, with a more-than-100-percent increase in total sales during the second quarter of the 2023 calendar year, as compared to the second quarter of the 2022 calendar year. Combined sales amounted to 13,959 units total for Q2, with 5,441 units of the Chevy Bolt EV sold, and 8,518 units of the Chevy Bolt EUV sold. Total combined sales amounted to 6,945 units for Q2 of the 2022 calendar year, with 2,561 units of the Chevy Bolt EV sold, and 4,384 units of the Chevy Bolt EUV sold.
Sales Numbers - Chevy Bolt - Q2 2023 - USA
MODEL | Q2 23 / Q2 22 | Q2 23 | Q2 22 | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
---|---|---|---|---|---|---|
BOLT EV | +112.46% | 5,441 | 2,561 | +368.40% | 12,333 | 2,633 |
BOLT EUV | +94.30% | 8,518 | 4,384 | +356.66% | 21,326 | 4,670 |
TOTAL | +100.99% | 13,959 | 6,945 | +360.89% | 33,659 | 7,303 |
The Chevy Bolt family’s combined quarterly sales performance placed it at the head of the Mainstream EV Passenger Cars segment for Q2 of 2023. Interestingly, the Chevy Bolt EUV narrowly missed toppling the Ford Mustang Mach-E for the top spot all on its own, with 8,518 units sold compared to 8,633 units sold for the Mustang Mach-E.
Sales Numbers - Mainstream EV Passenger Cars - Q2 2023 - USA
MODEL | Q2 23 / Q2 22 | Q2 23 | Q2 22 | Q2 23 SHARE | Q2 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
---|---|---|---|---|---|---|---|---|
FORD MUSTANG MACH-E | -21.09% | 8,633 | 10,941 | 16% | 29% | -20.57% | 14,040 | 17,675 |
CHEVROLET BOLT EUV | +94.30% | 8,518 | 4,384 | 16% | 12% | +356.66% | 21,326 | 4,670 |
HYUNDAI IONIQ 5 | +6.14% | 7,905 | 7,448 | 15% | 20% | -0.37% | 13,641 | 13,692 |
VOLKSWAGEN ID.4 | +303.01% | 6,690 | 1,660 | 13% | 4% | +272.55% | 16,448 | 4,415 |
CHEVROLET BOLT EV | +112.46% | 5,441 | 2,561 | 10% | 7% | +368.40% | 12,333 | 2,633 |
KIA EV6 | -32.26% | 4,936 | 7,287 | 9% | 19% | -33.74% | 8,328 | 12,568 |
HYUNDAI IONIQ 6 | * | 3,023 | * | 6% | 0% | * | 3,245 | 0 |
NISSAN ARIYA | * | 2,335 | * | 4% | 0% | * | 5,195 | 0 |
NISSAN LEAF | -42.17% | 1,880 | 3,251 | 4% | 9% | -44.45% | 4,234 | 7,622 |
TOYOTA BZ4X | +745.26% | 1,961 | 232 | 4% | 1% | +1,477.16% | 3,659 | 232 |
SUBARU SOLTERRA | * | 1,613 | * | 3% | 0% | * | 2,972 | 0 |
TOTAL | +40.17% | 52,935 | 37,764 | +66.00% | 105,421 | 63,507 |
The Chevy Bolt family’s sales performance for Q2 of 2023 represents a full year in which the two all-electric hatchbacks have topped the mainstream EV segment, even as new competitors have entered the fray. GM frames the Chevy Bolt EV and Chevy Bolt EUV as the most-affordable EVs available in the U.S. GM has also confirmed that it is currently working on a new generation for the Bolt nameplate.
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Comments
IMO at this point they should delay conversion of Lake Orion to the Silverado EV so they can keep building current-generation (npi but I know…) Bolts until the next one is ready.
The Bolt hits a spot in the market where there’s maximum confluence of buyers for whom road-trip charging isn’t an issue and is small and light enough that an hour or so of L1 charging will gain a really useful amount of range where making a $50k midsize crossover the minimum EV buy-in forces the issue since *those* will have to be the family prime mover.
nipnt: I totally agree with you but for one little nit-pick thing. When you say “an hour or so of L1 charging will gain a really useful amount of range”.
Did you mean to say L2 (level 2)? The level 1 charging only gives the Bolt around 7 miles of range per hour. The level 2 gives it around 26 miles of range. I drive a 2023 Bolt EV and love it, but charging at level 1 is a huge no go for me.
I agree, but GM has a tendency to just scrap cars/technology just as they are about to become profitable in favor of something new rather than improve existing platforms. Volt and Bolt fall under this category. Imagine if they improved the Bolt and expanded the Volt into a sub brand with a truck, SUV, van, etc. Instead, once the Bolt is gone, they will only have $60-100k options and will fall further behind Tesla and Hyundai-Kia in BEV sales.
mvb: Boy, are you spot on with that!! I’ll add to the list, weather or not people like the vehicles/engines I mention isn’t the point. It’s the lack of sticking with stuff that’s the point.
Added to the Volt and Bolt: Cadillac Cimarron, V864, 5.7L diesel, 4.3L diesel, Allante, XLR, ELR, Reatta, Verano, and the list goes on. I won’t go into a long diatribe on these, but just say that they all had good points and potential and GM just gave up and let them go after spending how much to bring them to market.
Another problem with GM? Not sticking with names and thus causing confusion/frustration with buyers. Just a few in my time: Cavalier….Cobalt…..Cruze. Century/Regal to LaCrosse. Lesabre and Park Ave to Lucerne. Seville to Seville STS to STS to what? Catera to CTS to CT4/5. Shall I go on?
Absolutely true. They only play the short game.
I think this is consistent with all EVs after seeing various articles referencing different EVs from numerous brands. EVs are so different from ICE vehicles that everyone’s customer base is up for grabs.
My first EV was a 2015 Chevy Spark 1LT and I really appreciated that tiny car for what it was. I could get about 85 miles of range fully charged when new. After that lease was done, I went back to ICE for the next few vehicles. I now have a 2023 Bolt EV and love it. It is exceeding expectations on every front, especially range. Although I’m not a hyper-miler, I do take care to drive as efficiently as I can.
Here’s what comes up for me as I read about the latest and greatest EV’s coming out. The Bolt, even at the suggested range of 259, is very competitive even with some all new EV’s coming out from higher end brands (Volvo, BMW, etc). And all for a much lower starting price. For me personally, if I charge to 100% I’m topping out around 315 to 320 miles of range. If I charge to 95%, I’m still getting between 290 and 300 miles. That’s impressive! I feel that the Bolt is absolutely competitive in every way except charging speeds. For me that’s not an issue, but I can see where it’s slow time would frustrate some.
Anyhow, very glad to read how the Bolt family is taking sales from those other brands. That makes me smile.
I bought a Bolt EV L2 in August, although I had contracted for the L1. After waiting 10 weeks at the top of my dealer’s list for an allocation, I decided to pay $3500 more to take the L2 GM randomly shipped them. It is my first “luxury” car. It has averaged 5 miles per KWH, while rating my driving skill high. I wonder how much the seasons of cold will decrease that efficiency. It is nice to find that, if I want to re-visit my birthplace 245 miles away during spring or summer, my Bolt would get me there on a 100% charge with no stops to re-charge along the way. With all of its convenience & safety features & freedom from fossil fuel pollution, I enjoy it more than the 7 previous cars I have owned.
William L: Congrats on your new Bolt. I hope you like yours as much as I like mine. When I ordered mine, I really wanted the Bose sound package, but I had to order the 2LT to get it and I really didn’t want the leather or extra stuff. So I ordered my 1LT with a couple of options giving me a fully loaded car with cloth and then changed up my factory speakers with plug and play speakers that are fantastic with zero modifications. Very happy with my sound.
I can tell you that if you are at 5 miles per KWH, you are doing VERY well. Great job there. I’ve been sitting at 4.6 miles per KWH for several thousand miles and just can’t seem to get it higher. Doing my research, I found that they consider 3.8 miles per KWH to be good and 4.0 is excellent. So I’m doing great, but you are better there. Colder temps will certainly hurt your range some especially if you use the heater. I’d think you would be able to make that 245 mile trip on a single charge as long as you aren’t driving too fast. I find that any speed above 64 MPH drops my range faster. Good luck on those trips.
Reality doesn’t match the hype on EV sales. Paltry numbers up and down the chart. That makes me smile.
So you just hope everything fails then huh? 40% percent growth with the limited number of EV’s on the market, it will continue to snowball until you are crying asking why EV’s didn’t fail. They are coming, slowly but picking up steam. We still prefer hybrid the near future but can see the appeal and how it is gaining traction. As charging stations get more pronounced and charge times drop (seems these solid state batteries will really help put the ball in the EV’s court. I think Toyota is planning on 2025 as a release of their first SSB, the Germans and Chinese brands are close. Depending on size nearly 1,000 miles of range and like 80% capacity in less than 15 minutes will change most people tune if the charging network is abundant enough. Imagine just running in for a store return and coming back and having doubled your range of your 900 mile EV. I would even consider a truck as an EV then. Portable solar charger that can add range while in the back country while I hike or hunt. Can’t do that with gas…
ocnblu – keep in mind these BEV sales are from a mythical category GM claims dominance in – if you look at all BEV sales you will see that as of Q3 2023 Tesla has sold 498k BEVs (S, 3, X, Y) in the US which surpasses Jeep (489,438), GMC (429,396), and Subaru (467,220) sales – and Tesla is increasing at a higher rate, so the gap will continue to widen while Tesla closes in on Hyundai (590,498), Kia (604,691) and Nissan (648,215). So, EVs are selling quite well, just not those from legacy OEMs. The Model Y is a top 5 selling vehicle of any kind in the US (F-150, Silverado, RAM 1500, RAV4) and is #1 in terms of global sales well ahead of the Corolla and RAV4. The Model 3 alone easily outsells Cadillac (110,836) and Buick (124,690) in the US.
TESLA US sales as of Q3 2023
Model Y 284,498
Model 3 173,501
Model S 22,500
Model X 17,501
Although YTD Bolt sales sit at 33k, current monthly sales project the Bolt could be selling 140k annually, naturally, GM will end production in December.
The data in the article are somewhat old. The 3rd quarter numbers are missing.
Has the article States and many commenters, GM is in a race to get rid of decent cars that just need some improvements to keep them updated, my verano as an example and several Buick SUVs. They basically just want to keep buying new molds to get a hit which they don’t get ever. All the EVS from the old manufacturers together don’t add up to Tesla sales. I rented a bolt in Las Vegas and it was a fine car. Maybe they just need to figure out how to sell cars that are under $45,000 to get back to the mass market. For me I will not be buying any new cars anymore as I can afford them as 90% of the country can’t either and I’ll stick with my two or three year old car when I buy them for $20,000
You say GM should keep the Bolt, just update it.
The update that will make it worth keeping is upgrading it to the Ultium platform. Which is what they’re doing. Which means shutting down production of the current model line to so they can retool for the redesigned version.
So congrats, y’all are getting what you wanted!
Enjoy the new, improved 2025 UltiBolt, starting at $35K!