Shulou(Shulou.com)11/24 Report--

CTOnews.com, July 27 (Xinhua)-- General Motors announced at its second quarter 2023 earnings meeting that it will launch a new Bolt electric vehicle based on the Ultium platform, meeting to integrate richer features to consumers.

Some of the financial statements translated by CTOnews.com are as follows:

The Ultium platform can not only reduce battery costs by about 40%, but also provide higher levels of consumption to content, resulting in higher profit margins.

The beneficiary of the Ultium platform is the next generation of Chevrolet Bolt that we are promoting.

Chevrolet Bolt models have cultivated a large number of fans around the world, and are in a leading position in the industry in terms of customer satisfaction, brand dependence and other indicators.

We will launch the new Bolt model to continue to maintain this brand advantage, by using Ultium and Ultifi technology to update the vehicle, to provide customers with more people-friendly, excellent mileage and better technical experience.

We will share more details later.

GM CEO Maribala has previously hinted that the entry-level Chevrolet Bolt electric car will return in the near future, the price is lower than the upcoming Equinox EV crossover model, is expected to be less than $30, 000 (CTOnews.com Note: currently about 214000 yuan).

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