A Flood of Chevrolet Bolts on Dealer Lots Raises Questions About GM's EV Strategy
General Motors' decision to produce the resurrected Chevrolet Bolt EV for only a single model year has left many wondering about GM's strategy given the current oversupply on dealer lots. With inventory levels at nearly double the industry's healthy benchmark, it appears the automaker may have misjudged market demand. This presents a challenge as GM aims to transition its customers to upcoming Ultium-based models, making the current situation with the affordable Bolt EV even more perplexing.