Chevy Bolt, Baojun E100 Push GM Global Plug-In Sales Ahead Of U.S.

Bolt EV South Korea sales numbers are strong in 2018

SEP 12 2018 BY WADE MALONE 4

Chevy Bolt sales are significantly higher than the Volt internationally.

This summer, we have noted that Bolt EV inventories and sales in the US have been low as the automaker has put greater focus on exports. South Korea has been the biggest beneficiary of this. After a solid performance in late March + April selling over 500 units, the Bolt EV jumped to the top of the Korean EV charts for May with 1,014 sold. Following this success, we were astonished to see the Bolt EV hit an impressive 1,621 deliveries in June followed by a solid July of 872 deliveries.

For August, Chevrolet again delivered a respectable 631 Bolt EVs to Korea.

S Korean Chevy Bolt EV sales approach 5,000 in 2018

Year-to-date totals have now reached 4,625 units through August. This is a 1,079% increase from the same period in 2017. The Bolt EV is the 4th bestselling domestic GM Korea model for the year overall among all categories. In less than 5 months, South Koreans have taken home more of the electric hatchbacks than Canada and Europe combined. While South Korea does not have a ZEV mandate, they are taking a carrot approach to EV adoption. Regional subsidies for electric vehicles can exceed $23,000.

We don’t expect Korean numbers to continue at this pace for the entire year, however. Roughly 5,000 Bolt EVs are expected to be sold in South Korea in 2018. That number is now fast approaching and deliveries to Korea are slowing as we expected.

In the coming months, production will likely focus on the United States. However, a planned production increase later this year should provide the Bolt-hungry Korean market with more inventory.

As far as overall international sales are concerned, current year-to-date totals are as follows:

Chevy Volt

Canada – 3,320

China – 1,111 (Buick Velite 5)

South Korea – 104

Mexico – 25

Chevy Bolt

South Korea – 4,625

Europe – 1,809 (Opel Ampera-e)

Canada – 1,651

Mexico – 10

E100

China – 11,127

The biggest seller abroad for General Motors is the Baojun E100, followed by the Chevy Bolt EV. Baojun (jointly owned by General Motors (GM) and SAIC Motor) recently expanded availability of the tiny EV. GM has also announced that the E200 will be launched this month and will eventually replace the E100 on the market.

This brings international plug-in totals to 23,782 units. Once final August numbers are in, the total will exceed 24,000. We do not have sales figures for the Cadillac CT6 Plug-in for China.

In comparison, an estimated 21,372 GM plug-ins have been sold in the U.S. between January and August. Historically, U.S. GM plug-in sales have significantly out-performed their international sales. Strong demand for the Baojun E100 and Chevy Bolt has changed this, with the automaker finding more success around the globe with their plug-ins.

European and Chinese sales data via Car Sales Base. Mexico data via GM Authority. Canada data via GreenCarReports.

Chevrolet Bolt EV

Chevrolet Bolt EVs - finding more US driveways every month!
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The introduction (and US reception) of the Chevy Bolt EV has pulled forward GM's 200,000th sale by at least a year (now expected in Q2 2018) Chevrolet Bolt at the recent GM Official autocross event near Detroit. Chevrolet Bolt EV (wallpaper 2,560x) Chevrolet Bolt EV Chevrolet Bolt EV (wallpaper 2,560x) Chevrolet Bolt EV (wallpaper 2,560x) 2017 Chevrolet Bolt EV Chevrolet Bolt EV The best option overall is generally to drive at normal speed Chevrolet Bolt Yes, even GM with the upcoming Chevy Bolt EV and all-time US sales leader Volt already under its belt is part of the group looking to take down fleet mpg and emission requirements Chevrolet Bolt Chevrolet Bolt EV Interior Chevrolet Bolt EV:  Lots of useful room inside...and a fair about of standard finishes Bolt Interior Chevy Bolt Chevrolet Bolt EV - right-hand-drive?! Chevy Bolt rear seats The rear seating area offers plenty of room for passengers Unfortunately, the 2017 Chevy Bolt seats look better than that feel Inside the 2017 Chevrolet Bolt

BAOJUN E100

5 photos
Baojun E100 EV SAIC-GM-Wuling Baojun E100 (Image Credit: General Motors) SAIC-GM-Wuling Baojun E100 Interior. (Image Credit: GM)

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4 Comments on "Chevy Bolt, Baojun E100 Push GM Global Plug-In Sales Ahead Of U.S."

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Paulp

A lot more Bolts could be sold in Canada if there was any stock. Currently you have to place an order which will be delivered in 8 to 12 months.

jamcl3

That Baojun looks about the size of the Norwegian “Buddy” EV from the last decade. I assume it outperforms the Buddy by far though.

Rolando

The locally produced competition like Hyundai Kona and Kia Niro should eat into the Korean Bolt sales very soon.
Currently LG can’t produce enough battery packs for Kona and Ioniq, and Bjorn Nyland reported from Korea that the Niro uses SK batteries as LG is already at its limit and could not produce fast enough.