Talking at the Citi’s 2018 Global Technology Conference on wednesday, the Vice President of Chevrolet’s global electric vehicles programs, Pam Fletcher said that General Motors was planning to announce more global markets for the Bolt EV “in the not-so-distant future”.
General Motors is planning to expand the market for the Bolt EV which is currently on sale in the US, Mexico, Canada, South Korea, and UAE.
Since the beginning of its sale in 2016, the company has sold close to 30,000 models in the US
“We see demand increasing in markets we’re already in and we’ve seen new markets around the globe that we didn’t originally plan to have the Bolt in asking for it,” she said. “And so, we’ll be announcing some of these additional markets, here, in the not-so-distant future.”
The move could be seen as a result of the company’s decision to increase the output of Bolt by nearly 20 per cent. Since the beginning of its sale in 2016, the company has sold close to 30,000 models in the US. However, according to the Automotive News Data Center, the company also suffered a loss of estimated 13 per cent this year in domestic deliveries.
According to the Automotive News Data Center, the company also suffered a loss of estimated 13 per cent this year in domestic deliveries.
This announcement comes on the same day as General Motors’ CEO Mary Barra’s blog post stating the company’s upcoming investment of $28 million to make “additional major enhancements” towards development and testing of battery based powertrains in Suburban Detroit.
Barra had previously said that the company was expecting profitable returns from its EV segment and is set to launch its next-generation EV platform in 2021, following which, the company has slated the global launch of at least 20 new cars with new powertrains by 2023.