GM Slashes Chevrolet Bolt EV Production by 75%

Key Facts

1General Motors is planning to build approximately 75% fewer Chevrolet Bolt EVs than originally projected.

2The production cut follows the withdrawal of federal support for electric vehicles last year, according to a union official.

General Motors is planning to build approximately 75% fewer Chevrolet Bolt EVs than originally projected. Reuters reported that the production cut follows the withdrawal of federal support for electric vehicles last year, according to a union official.

GM closed at $80.64 on September 28, 2026, after reaching a day high of $82.69 and a low of $80.43. The significant reduction in production targets reflects the impact of lost federal subsidies on the company's electric vehicle strategy and production economics.