New Chevy Bolt EV to Relaunch on Ultium Platform in Late 2025

Chevrolet is bringing back the Bolt EV in 2025 on GM’s Ultium platform. With LFP batteries, it aims to be the most affordable EV in the market.

The Chevrolet Bolt EV and its sibling, the Bolt EUV, officially ended production back in December 2023. Yet, they haven’t entirely vanished. According to General Motors' Q1 2025 sales report, 13 units were sold in the first quarter of the year—despite sitting on lots for over 15 months. As of now, nine new Bolts remain: seven EUVs and two EVs, scattered across U.S. dealerships.

The Bolt was a milestone in the affordable EV segment. Beating the Tesla Model 3 to market, it became the first mass-market electric vehicle to offer over 250 miles of range—at a significantly lower price. But American buyers showed little interest in small, budget-friendly EVs, favoring large SUVs and steep monthly payments instead. Even the more SUV-like EUV variant couldn’t quite win over the mainstream.

Still, the Bolt earned a loyal following. Its practicality, reliability, and low ownership costs turned it into a cult favorite among EV enthusiasts. Now, GM is betting on that legacy with a new-generation Bolt EV, set to arrive by late 2025.

This upcoming model will be built on GM’s Ultium platform and use lithium iron phosphate (LFP) battery cells—an affordable and efficient option. With an expected starting price around $30,000, it aims to be the most affordable EV in GM’s expanding lineup. Production will take place at the Fairfax Assembly plant in Kansas.

The next-gen Bolt is part of GM’s broader electrification strategy, which includes the launch of 30 new EVs globally by 2025. These will range across premium and mass-market categories, and the Bolt plays a key role as a compact, practical bridge in that portfolio.

Older Bolt models are still a viable option for budget-conscious EV seekers. Many can use Tesla Superchargers via a CCS adapter and Magic Dock compatibility, though some may require a software update from a dealer.

As these last units clear out, prices have dropped below $25,000 with tax credits—and even lower at some dealerships. But the window is closing. Bolt EV and EUV are on the brink of extinction from dealer lots, and while a new version is promised, the unpredictability of today’s EV market leaves room for cautious optimism.

Source: insideevs.com