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New Generation Of Chevrolet Bolt With Lithium Iron Phosphate Batteries Coming In 2025, Making GM’s Electric Hatchback More Affordable.
The new generation of Chevrolet Bolt is expected to hit the market in 2025, bringing with it a series of news and innovations. The CEO of General Motors, Mary Barra, announced the launch date and ensured that the electric hatchback will undergo significant changes compared to the current generation.
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One of the most anticipated changes is the reduction in the price of the new Chevrolet Bolt, which is currently sold for nearly US$ 30,000 in the United States (R$ 146.9 thousand in conversion). In Brazil, the price of the electric hatchback is no less than R$ 280 thousand, but with the arrival of the new generation, it is expected that this value will be significantly reduced.
New Chevrolet Bolt With Lithium Iron Phosphate Batteries
According to the executive, General Motors will replace the current lithium-ion batteries with a new generation of lithium iron phosphate cells (LFP). According to Mary Barra, this change will have a significant impact on production costs and, consequently, on the final price of the Chevrolet Bolt, as it will result in a savings of billions in ‘capital and engineering expenses’.
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Impact on Prices and Popularization of The Model
General Motors has not yet announced any possible specifications for the new generation of Chevrolet Bolt, but the intention is to pass the reduction in battery costs, around 20%, onto the final price of the car.
This way, the electric hatchback, which is about US$ 30,000 in the United States, would drop to less than US$ 25,000 and would become one of the most popular models. Will the new Chevrolet Bolt also be 20% cheaper than the current one if it comes to Brazil?
Source: Canal Tech
