Xin Lang Ke Ji·2025-08-08 01:08Core Insights - General Motors plans to source batteries from China's CATL for its second-generation Chevrolet Bolt electric vehicle despite tariff impacts, filling supply chain gaps while contrasting with its domestic battery manufacturing efforts [1] - The transition period for sourcing from CATL is expected to last approximately two years until General Motors can produce lower-cost batteries in partnership with LG Energy Solution in the U.S. [1] - The new Bolt is set to begin production at the Kansas City Fairfax plant by the end of this year and is positioned as General Motors' most affordable electric vehicle, with a target market launch in 2026 [1] Summary by Sections Battery Sourcing - General Motors will temporarily procure batteries from CATL to support the production of the new Chevrolet Bolt, which is aimed at maintaining competitiveness in the electric vehicle market [1] - The company has indicated that this measure is a stepping stone towards its own production of lithium iron phosphate batteries [1] Vehicle Pricing and Market Position - The new Chevrolet Bolt is priced around $30,000 (approximately 216,000 RMB), with potential subsidies reducing the price to just over $20,000, although these subsidies are expected to be eliminated before the vehicle's launch [2] - Currently, General Motors has 12 electric vehicle models on sale, all equipped with batteries manufactured in the U.S., ranging from the Chevrolet Equinox EV at $35,000 (approximately 252,000 RMB) to the Cadillac Celestiq at $340,000 (approximately 2,443,000 RMB) [1]