General Motors' Bolt EV Deliveries Hit New High
One day after electric-car maker Tesla (NASDAQ: TSLA) said production bottlenecks were suppressing the first Model 3 deliveries, General Motors (NYSE: GM) announced that deliveries of its similarly priced Bolt EV are beginning to climb to more meaningful levels. While Tesla believes its Model 3 production and deliveries will surge far higher than GM's Bolt production and deliveries in the coming quarters, GM remains the only automaker selling a reasonably priced all-electric vehicle with more than 200 miles of range in worthwhile volumes.
"Bolt EV had its best month ever with 2,505 retail deliveries and 2,632 total deliveries," GM said on Tuesday.
Source: Fool.com