Why is General Motors discontinuing the Chevy Volt?
General Motors announced that it will be discontinuing production of the Chevy Volt in early 2019. The Volt was a plug-in hybrid electric vehicle (PHEV) that was first introduced in 2010. It was one of the first PHEVs on the market, and it was praised for its innovative technology and its ability to provide both electric and gasoline-powered driving.
However, sales of the Volt have declined in recent years. In 2018, GM sold just 15,537 Volts, down from a peak of 30,218 in 2016. The decline in sales is likely due to a number of factors, including the increasing popularity of fully electric vehicles (EVs) and the decreasing cost of EVs.
GM has said that it will continue to offer the Volt through early 2019. After that, it will focus on developing and producing EVs. GM has already announced that it will launch a new EV, the Bolt, in 2019. The Bolt will be a fully electric vehicle with a range of 238 miles.
Related Questions
- What is a plug-in hybrid electric vehicle (PHEV)?
- When was the Chevy Volt first introduced?
- Why have sales of the Chevy Volt declined in recent years?
- When will GM discontinue production of the Chevy Volt?
- What is the name of GM's new EV?
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