Tesla doesn't have to lease them.... they sell as fast as they make them.

      From: brucedp5 via EV <ev@lists.evdl.org>
 To: ev@lists.evdl.org 
Cc: brucedp5 <bruce...@juno.com>
 Sent: Tuesday, April 10, 2018 11:31 AM
 Subject: [EVDL] EVLN: No promised Bolt EV production increase> kr/ca/eu 

Chevy Bolt EV sales slowly get back to normal – no sign of production
Apr. 3rd 2018  Fred Lambert



As expected, Chevy Bolt EV sales in the US have dropped significantly in
2018 after a record end of 2017.

Now, sales of the all-electric vehicle are slowly going back toward its
normal ~2,000 units per month as there is still no sign of the promised
production increase.

Last month, GM CEO announced that they are increasing Chevy Bolt EV
production, but she didn’t elaborate on how significant an increase it will

GM says that it delivered about 26,000 units globally last year – the
vehicle’s first full year of production. A few hundred units went to Canada
and a few more in Europe, but the bulk of the deliveries were in the US.

It was about in line with expectations of a production capacity of 25,000 to
30,000 units for the Chevy Bolt EV.

But now deliveries dropped significantly in the US in 2018 and are slowly
climbing back up as GM confirmed today having delivered 1,774 Bolt EVs in

Here’s a chart of Chevy Bolt EV deliveries per month in the US since the
start of production in 2016:

It’s still a significant increase over the same month last year. However,
the low levels of sales in early 2017 were attributed to production
constraints as the company was ramping up production at its Orion plant in
Michigan and its important partner, LG, was ramping up production of its
electric powertrain components in Korea.

Aside from the few hundred units per month going to Canada and Europe, the
Detroit-based automaker also confirmed plans to deliver 5,000 units in South
Korea this year, which could explain the plan to increase production.

Electrek’s Take

You would think that GM would have been able to capitalize on Tesla’s slow
ramp up of Model 3 production, but it has definitely not been the case – or
at least not in any significant way.

With Tesla’s recent release of its first quarter production and delivery
results, it looks like Tesla could deliver more Model 3 vehicles in the US
over a week than GM can deliver Chevy Bolt EVs in a month.

But I think the Bolt EV can still benefit from a few advantages in terms of
availability since Tesla still has a huge backlog for the Model 3. Also, GM
offers leasing for the Bolt EV, which is still not the case for the Model 3.
We have heard of great deals in some markets, like leases for about $200 per
month in Massachusetts. You can always check with your local dealers for
inventory and see if you can find a deal.

I’m fairly confident that GM can get back to 2,000 units per month in the
US, but it might have to turn to other markets to deliver more vehicles at
the current prices.
[© electrek.co]

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