General Motors is implementing a strategic shift in its electric vehicle strategy. As per the automaker, the standard Chevy Bolt EV, which is built on the automaker’s aging BEV2 platform, will not be getting the Ultium treatment.
Fans of the Chevy Bolt EV need not fear, however, as GM would be transitioning the slightly larger and arguably better-looking Chevy Bolt EUV to the Ultium platform. Interestingly enough, GM noted in April that it was phasing out the Bolt’s two offerings. By June, however, GM CEO Mary Barra hinted at a reborn Chevy Bolt that would be positioned as an affordable electric vehicle.
GM’s Chevy Bolt pair are having their best sales year-to-date, with Chevrolet selling 49,494 units of Bolt EV and Bolt EUVs combined between January and September, a 125% year-over-year increase. This makes the Chevy Bolt GM’s most popular electric vehicle today.
That being said, GM officials reportedly confirmed to InsideEVs that the Chevy Bolt EUV far outsells the standard Chevy Bolt EV. With this trend in mind, GM seems to be focusing its efforts on the Chevy Bolt EUV by releasing an Ultium-based version of the vehicle around 2025. Estimates from industry watchers suggest that the Bolt EUV likely outsells the standard Bolt EV two to one today.
“We are glad to see the enthusiasm surrounding the upcoming Chevrolet Bolt. We will share details as we get closer to its launch date. We’re excited, as the new Bolt will build on the formula that has made it the success it is today,” Cody Williams, senior manager for communications at Chevy, noted.
Joining the Bolt EUV on the Ultium platform in 2025 will be the Silverado EV, Blazer EV, and Equinox EV. These larger models reflect the growing demand for SUVs and trucks in the automotive market, a trend that the Bolt EV, with its standard hatchback design, likely couldn’t capitalize on as effectively.
First introduced in 2016, the Bolt EV was intended to be an affordable, mass-market electric vehicle. But while it presented great value to consumers, the Bolt EV found itself eclipsed heavily by the Tesla Model 3. The Bolt saw sluggish sales for several years, though 2023 has been a bright spot. This was likely due to the Bolt EUV, which is slightly larger and features more cargo space, thanks to its subcompact crossover SUV design.
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Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
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Tesla Megapacks chosen for 548 MWh energy storage project in Japan
Tesla plans to supply over 100 Megapack units to support a large stationary storage project in Japan, making it one of the country’s largest energy storage facilities.
Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware.
As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project in Japan, set to become one of the country’s largest energy storage facilities. The project is being overseen by financial firm Orix, and it will be located at a facility Maibara in central Japan’s Shiga prefecture, and it aims to come online in early 2027.
The deal is just the latest of several Megapack deployments over the past few years, as the company continues to ramp production of the units. Tesla currently produces the Megapack at a facility in Lathrop, California, though the company also recently completed construction on its second so-called “Megafactory” in Shanghai China and is expected to begin production in the coming weeks.
READ MORE ON TESLA MEGAPACKS: Tesla Megapacks help power battery supplier Panasonic’s Kyoto test site
Tesla’s production of the Megapack has been ramping up at the Lathrop facility since initially opening in 2022, and both this site and the Shanghai Megafactory are aiming to eventually reach a volume production of 10,000 Megapack units per year. The company surpassed its 10,000th Megapack unit produced at Lathrop in November.
During Tesla’s Q4 earnings call last week, CEO Elon Musk also said that the company is looking to construct a third Megafactory, though he did not disclose where.
Last year, Tesla Energy also had record deployments of its Megapack and Powerwall home batteries with a total of 31.4 GWh of energy products deployed for a 114-percent increase from 2023.
Other recently deployed or announced Megapack projects include a massive 600 MW/1,600 MWh facility in Melbourne, a 75 MW/300 MWh energy storage site in Belgium, and a 228 MW/912 MWh storage project in Chile, along with many others still.
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Tesla highlights the Megapack site replacing Hawaii’s last coal plant
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Elon Musk responds to Ontario canceling $100M Starlink deal amid tariff drama
Ontario Premier Doug Ford said, opens new tab on February 3 that he was “ripping up” his province’s CA$100 million agreement with Starlink in response to the U.S. imposing tariffs on Canadian goods.
Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country.
Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million deal it had with Ontario, Premier Doug Ford announced today.
Starting today and until U.S. tariffs are removed, Ontario is banning American companies from provincial contracts.
Every year, the Ontario government and its agencies spend $30 billion on procurement, alongside our $200 billion plan to build Ontario. U.S.-based businesses will…
— Doug Ford (@fordnation) February 3, 2025
Ford said on X today that Ontario is banning American companies from provincial contracts:
“We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy. Canada didn’t start this fight with the U.S., but you better believe we’re ready to win it.”
It is a blow to the citizens of the province more than anything, as the Starlink internet constellation has provided people in rural areas across the globe stable and reliable access for several years.
Musk responded in simple terms, stating, “Oh well.”
Oh well https://t.co/1jpMu55T6s
— Elon Musk (@elonmusk) February 3, 2025
It seems Musk is less than enthused about the fact that Starlink is being eliminated from the province, but it does not seem like all that big of a blow either.
As previously mentioned, this impacts citizens more than Starlink itself, which has established itself as a main player in reliable internet access. Starlink has signed several contracts with various airlines and maritime companies.
It is also expanding to new territories across the globe on an almost daily basis.
With Mexico already working to avoid the tariff situation with the United States, it will be interesting to see if Canada does the same.
The two have shared a pleasant relationship, but President Trump is putting his foot down in terms of what comes across the border, which could impact Americans in the short term.
Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
Tesla Megapacks chosen for 548 MWh energy storage project in Japan
