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Chevy will reveal the Bolt EV tomorrow at CES

The moment that electric vehicle consumers and green propulsion enthusiasts have been waiting for is almost upon us, as Chevy confirmed that it will unveil the production version of the 2017 Bolt EV Wednesday at CES in Las Vegas. Chevrolet previewed the Bolt in concept form at the Detroit Auto Show almost a year ago, proposing a compelling rival to the likes of the Nissan Leaf and BMW i3. We've expected the CES debut for awhile, and Chevy projects that the finished product will boast a range of more than 200 miles on a single charge. That's nearly double the Leaf's range, and significantly farther than the i3 will travel even with the Range Extender kicking in. All of that for under $30,000 after federal tax credits. Of course, Chevy's own Spark EV costs much less, but will only go 82 miles before it needs to plug in again. If you won't be in Vegas for the unveiling tomorrow, you can catch it on Facebook. It will be the first vehicle to debut on the new Facebook Live, featuring both a live video stream and a 360-degree interactive interior video. Once out on the market, the Bolt EV will join the Spark EV, Volt PHEV, and Malibu hybrid in a growing array of electrified vehicles from the American automaker, rivaling the likes of Toyota and Nissan for the most electrified vehicles in its lineup. Chevrolet Bolt EV Will Debut at CES 2016-01-05 DETROIT – Chevrolet will unveil the 2017 Bolt EV at the International Consumer Electronics Show (CES) in Las Vegas on Wednesday, Jan. 6, and be the first auto brand to work with Facebook to debut a vehicle using Facebook Live. With the addition of the Bolt EV to a lineup that includes the all-new 2016 Volt, 2016 Malibu Hybrid and Spark EV, Chevrolet will offer consumers more affordable, electrified vehicle options than any other major automotive brand – solidifying its position as the leader in electrification. "The Bolt EV truly embodies the ingenuity that is at the core of everything we do at Chevrolet," said Alan Batey, president of General Motors North America and head of Global Chevrolet. "The technologies and the engineering expertise behind the Bolt EV are tremendous examples of the kind of innovation we intend to offer our customers, across an array of products at a tremendous value – something only Chevrolet can deliver." Building on the electrification expertise established by the Volt, the Bolt EV is a game-changing, long-range electric vehicle.

Is this GM's next electric crossover?

GM made headlines this week when CEO Mary Barra presented the company's electrification and automation plans at the Barclays Global Automotive Conference in New York. "We are committed to a future electric vehicle portfolio that will be profitable," Barra said, which could be taken as a jab at Tesla. In the presentation ( PDF here), though, we see a new vehicle in a slide titled "Leveraging existing BEV platform to expand in near term." The vehicle, seen above, accompanied the captions "New CUV entries" and "two entries by 2020." Is this a sneak preview of an upcoming electric crossover from GM? The image seems too realistic and intentional to be a random placeholder. If this is, indeed, an upcoming battery-electric CUV based on the Bolt, the question remains: Will it be a Chevy or a Buick? It has no visible badging, but it shares DNA from both brands. As Inside EVs points out, though, it does bear a resemblance to the Chevrolet FNR-X concept unveiled in Shanghai earlier this year. With two CUVs on the way, it's not unthinkable that there could be a version for each brand. In addition to this slide, the presentation includes plans for an "All new multi-brand, multi-segment platform" launching in 2021. The all-new modular battery system will cost less than $100 per kWh, providing higher energy density and faster charging. The platform will host at least nine different vehicles, including a compact crossover, seven-seat luxury SUV and a large commercial van. GM has said it will launch 20 new EVs by 2023, and that it targets 1 million EV sales per year by 2026. Many of those sales will be in China. Related Video:

GM laying off more than 4,000 workers Monday morning

According to reports from Automotive News, The Detroit News, and CNN, General Motors plans to begin laying off more than 4,000 salaried workers starting Monday morning. In a statement to AN, a spokesperson for the automaker said, "We are not confirming timing. Our employees are our priority. We will communicate with them first." We've been expecting layoffs at General Motors since November, 2018. At the time, the Detroit-based automaker announced it would seek to shed 8,100 salaried employees, shut down five assembly plants in North America, and kill off several slow-selling models. One month earlier, GM offered buyout packages to 18,000 workers and said it would seek to cut its global workforce by 25 percent. A spokesperson said at the time the moves were "proactive steps to get ahead of the curve by accelerating our efforts to address overall business performance." The cost-cutting moves are expected to save GM up to $2.5 billion in 2019 and as much as $6 billion by 2020. David Kudla, CEO and chief investment strategist of Mainstay Capital Management, referred to the impending culling as "Black Monday" and told The Detroit News that the layoffs would begin around 7:30 a.m. and continue in waves throughout the coming days and weeks. GM plans to deliver on its fourth-quarter and full-year 2018 earnings report on Wednesday. President Donald Trump plans to deliver the annual State of the Union address a day earlier on Tuesday. We expect to hear plenty more from both sides over the next several days.