Home stocks stocknews GM Unveils 2022 Chevy Bolt EV and EUV – #stocks chatter

GM Unveils 2022 Chevy Bolt EV and EUV – #stocks chatter

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GM Unveils 2022 Chevy Bolt EV and EUV – #stocks chatter

GM Unveils 2022 Chevy Bolt EV and EUV
The 2022 model year of the [Chevy Bolt EV and Electric Utility Vehicle](https://www.chevrolet.com/electric/updates) were unveiled at Disney World on Sunday, February 14th.

Key takeaways:
– Price dropped by ~$5k compared to 2020 Bolt; Bolt EV starts at $32k, EUV at $35k
– Offers free installation of at-home charger
– Electric Utility Vehicle (EUV) is a new option. It’s similar but a bit taller, longer.
– First Chevrolet to offer “Super Cruise”, hands off driving assist (which outperformed Tesla Autopilot in a 2020 Consumer Reports review). Previously only available in Cadillac. GM owns 70% of Cruise.

My take:
– It’s a budget friendly family car. With a [$7k tax credit](https:/www.insideevs.com/news/487380/tesla-400k-7000-dollar-ev-tax-credits-green-act/amp/) in the works and aggressive pricing, it’s hard to see how GM/Chevy won’t sell more Bolts than they do today (~21k in US in 2020)

– I like their monetization of Super Cruise which will be [$25/month](www.gmauthority.com/blog/2020/11/gm-super-cruise-subscription-prices-announced/amp/) or can be bundled with OnStar (also owned by GM). These so called “connected services” could be the future of car monetization, similar to the phone/app model.
https://www.reddit.com/r/StockMarket/comments/lk75kv/gm_unveils_2022_chevy_bolt_ev_and_euv/