Reports suggest that those eager to acquire General Motors’ highly anticipated Chevrolet Blazer Electric Vehicle may need to wait even longer. Sales of General Motors’ (GM) brand-new Chevy Blazer Electric Vehicle remain halted as the company works to rectify software issues hindering its launch.
Despite a promising start, Chevy Blazer sales stagnated for almost two months.
General Motors issued a stop-sale order for the newly launched Chevrolet Blazer in December, approximately four months following initial customer orders. The corporation announced that it would temporarily suspend all sales to resolve a software issue.
Chevrolet has yet to resume sales of its Blazer EV nearly two months after the initial suspension. At a convention hosted by Wolfe Analysis, General Motors’ CEO Mary Barra described 2024 as the “year of execution” – a 12-month period where the company aims to regain momentum.
Major components of General Motors’ revitalization strategy include restarting electric vehicle production, reinvigorating the Cruise autonomous driving division, and addressing software issues in their latest vehicle models.
The software issue may also impact General Motors’ Chevrolet Colorado and GMC Canyon gasoline-powered trucks, according to reports.
According to Barra, there’s a possibility of her returning to the market within the next 12 months, citing the competitive advantage offered by manufacturing. Nevertheless, she acknowledged that introducing new ventures should have been subject to more thorough planning and risk assessment.
The 12 months of execution
General Motors has successfully completed the hurdle of setting up its battery cell production facility over the past 12 months, allowing the company to manufacture electric vehicles flawlessly, said CEO Mary Barra on Thursday. The automaker had previously announced delays to key launches, including the Equinox EV, Silverado RST EV, and GMC Denali EV pickup, which were initially scheduled for last fall.
Electrical innovations expected to hit the market this year include cutting-edge designs that promise to revolutionize the way we live and work. General Motors acknowledged experiencing “growing pains” with the software in its electric vehicles, describing them as a “little bit” of an issue.
Identifying the most effective strategies for releasing autos onto the market while streamlining the software integration process remains a top priority. General Motors views software as a lucrative revenue stream, much like its competitors.
General Motors has appointed former Apple executive Mike Abbott to lead a major overhaul of its software development team. Barra highlighted Abbott’s surprising move, remarking that the company had assembled an impressive team comprising professionals from esteemed tech giants such as Google, Apple, Meta, and numerous other leading technology corporations.
The General Motors’ CEO clarified that “We’ve revitalized our software development process, and more notably, the verification process.”
Once fully developed, Barra promises that the software program will surpass customer expectations while standing out from competitors. While General Motors is poised to reap substantial profits from traditional gasoline-powered vehicles this year, the company must also demonstrate its ability to build competitively priced Ultium electric vehicles that consumers want to buy.
General Motors has officially announced that its Chevrolet Equinox Electric vehicle will start at a competitive price point of $34,995, making it the most affordably priced electric car on the market, with an estimated range of 319 miles. The total cost of the vacation package comes out to $1,395, which includes the initial spot payment.
For a limited time, the all-new electric Equinox is now available starting at just $27,495 after applying the $7,500 federal EV tax credit. The Chevrolet Equinox EV 2LT’s starting price is competitively set at just $35,795 when combined with the IRA tax credit.
| 1LT FWD | $34,995 |
| 2LT FWD | $43,295 |
| 2RS FWD | $44,795 |
| 3LT FWD | $45,295 |
| 3RS FWD | $46,795 |
The Chevrolet Bolt’s impending discontinuation has created a void that the forthcoming Equinox EV is poised to fill, as General Motors seeks to capitalize on the growing demand for electric vehicles.
General Motors plans to debut a battery-electric Bolt model powered by its Ultium technology, but this is expected to happen at the earliest within the next 12 months. As General Motors aims to regain momentum, its Equinox EV could prove pivotal at an affordable price point of under $30,000? Sellers are poised to fulfill incoming orders as General Motors signals its readiness to meet demand.
