Following it will be the new Bolt, which GM claims is still scheduled to go into production this year.
General Motors announced that it would produce a “next-gen affordable EV” at its Fairfax, Kansas, assembly facility. The carmaker announced that it plans to invest $4 billion over the next two years to increase production capacity for both gas-powered and electric vehicles in the United States.
It is difficult to overlook the background: President Donald Trump’s tariffs on imported steel, aluminium, automobiles, and auto parts continue to target manufacturers from every direction. For its part, GM has estimated that tariffs might cost up to $5 billion in 2025 alone.
- General Motors will build its “next-gen affordable EV” in the U.S.
- The automaker said it will inject $4 billion into its U.S. manufacturing operations to expand capacity over the next two years.
- It also confirmed that the new Bolt EV will enter production by the end of this year.
Other than the location of its construction, GM provided little information regarding this anticipated low-cost EV. After discontinuing the popular vehicle in 2023, GM also intends to produce the next-generation Chevrolet Bolt EV in Fairfax. GM said that production of the Bolt EV will begin before the end of 2025.
By the end of this year, “Fairfax is still on schedule to start manufacturing the 2027 Chevrolet Bolt EV. In a news release, GM stated that it anticipates making additional investments in Fairfax for its upcoming generation of reasonably priced EVs.”
In October, GM CEO Mark Reuss stated that “the new Bolt will be a part of a ‘family‘ of Bolt EVs, which also includes a more affordable model.” “Whether the ‘next-gen affordable EV’ would be a Chevy Bolt relative or something else was not immediately apparent.”
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