CHEVROLET BOLT

DETROIT (AP) — General Motors says it will start making Chevrolet Bolt electric vehicles again in early April after an eight-month pause due to a series of battery fire recalls. The company will start making hatchback and SUV versions of the Bolt on April 4, and those should start reaching dealers a few weeks later. The recall follows reports of 13 battery fires, GM said, which can occur when both defects are present in the battery modules. The battery fires and recalls have been an embarrassing setback for GM, which has lofty goals of switching from internal combustion to battery powered vehicles. By the end of the decade, GM expects $90 billion in additional annual revenue from electric vehicles.

General Motors says it will start making Chevrolet Bolt electric vehicles again in early April after an eight-month pause due to a series of battery fire recalls.

General Motors says it will start making Chevrolet Bolt electric vehicles again in early April after an eight-month pause due to a series of battery fire recalls.

Production of the vehicle has been paused as GM works to figure out what is causing the issue.

General Motors is recalling some older Chevrolet Bolts for a second time to fix persistent battery problems that can set the electric cars ablaze.

General Motors will raise spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.

New and used car prices remain high as a global semiconductor chip shortage, combined with increased consumer demand, has caused a shortage of vehicles on dealer lots. “If you can’t find the truck or SUV of your dreams out there but still need to jump into a new vehicle, leasing is a great solution,” said Ivan Drury, Edmunds’ senior manager of insights. Leasing a car now provides a number of advantages over a traditional financed purchase.

But at least in the United States, the market seems to belong almost entirely to Tesla. The California carmaker's Model 3 midsize sedan far outstripped sales of any other competitor in 2019. The next best-selling model that year was the Chevrolet Bolt, which sold a mere 16,000. But none have so far proven to be Tesla killers. A slew of new models are scheduled for release starting in early 2020, and many are starting to offer specs competitive with what buyers can find on Tesla models.