“The efficiencies created by the Ultium platform are a key reason why we will be able to deliver truly affordable EVs like the Equinox,” Barra said. “Affordable EVs are part of the market that start-ups aren’t targeting, but they are key to driving mass adoption of EVs, which is a national and a global priority. That’s why we plan to follow the Equinox with an even more affordable EV.”
Here is the first mention of the likely Bolt EV replacement.