Charged: GM extends Bolt production halt, Workhorse withdraws USPS bid protest

Lucid says Air Dream Edition R is the longest-range EV ever rated by EPA at 520 miles
Welcome to The Fly’s latest edition of “Charged,” where we look back at some recent analysts’ notes, news and activity in the electric vehicle and clean energy space.

CHEVY BOLT PRODUCTION HALT: General Motors (GM) said it plans to extend a shutdown of a Michigan assembly facility to mid-October following a new recall of the car maker’s Chevrolet Bolt vehicles over battery issues, Reuters’ David Shepardson reported on September 16. The company said the extension of the production freeze at the Orion Assembly factory will go through at least October 15, the author said, noting that GM added it was slashing production at six other North American plants due to the ongoing chip shortage.

GM has also told some Chevrolet Bolt EV owners to park 50 feet away from other cars, Bloomberg’s David Welch and Dana Hull reported the same day. The precaution would reduce the risk of a battery fire spreading to cars nearby, GM said. GM has recalled a total of 142,000 Bolt EVs due to the potential risk of batteries catching fire. The company will be telling Bolt owners who are concerned about parking in public places that it recommends keeping 50 feet from other cars in garages and lots, spokesman Dan Flores said.

WITHDRAWAL OF USPS BID PROTEST: Workhorse Group (WKHS) announced on September 15 that it has withdrawn its United States Postal Service bid protest complaint filed in the United States Court of Federal Claims. “After attending the recent Advanced Clean Transportation show, we are excited about the multiple business opportunities ahead for last-mile delivery truck and drone system technologies,” said Workhorse CEO Rick Dauch. “These opportunities include several commercial industry markets as well as a broad array of initiatives designed to modernize and electrify government funded and owned vehicle fleets across the country at the federal, state and city level. Since I joined the company six weeks ago, we have been conducting a deep and intensive overview of all aspects of our business, including an examination of the history of our USPS bid and subsequent protest filing. The federal government has announced its intention to replace its fleet with electric vehicles, and we believe that the best way for us to work with any governmental agency is through cooperation, not through litigation. By withdrawing our protest, we can also better focus our time and resources on initiatives that we expect will be more productive for our company.”
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