Bolt EV

Make
Chevrolet
Segment
Hatchback

The global $2 billion recall of 140,000 examples of the Chevy Bolt EV and Bolt EUV is not how GM wanted to kick off its electric future. The good news is that LG Chem, the maker of the Bolt's fire-prone battery packs, has found the problem. Replacing the EVs' battery modules got underway last month, but GM still wants owners to take various precautions until their vehicles are fixed. One of those owners is GM CEO Mary Barra.

Barra's daily driver is a recalled Bolt. "I'm driving a Bolt EV. I'm loving it," Barra said during a recent online summit. "When people get to drive an electric vehicle, I think they'll find that they're not giving anything up, in fact they're getting it, the customer experience is great."

A company spokesperson confirmed Barra's Bolt company car is under recall but it's unknown if it's been repaired yet. Barra is clearly looking forward to EVs as she has both a GMC Hummer EV truck and a Cadillac Lyriq on order. Her husband and son are still Camaro and Firebird enthusiasts. The family also owns a Corvette.

And in case you're wondering, Barra is not No. 1 on the list for the sold-out Hummer EV First Edition. She claims she texted the head of GMC Buick because the dedicated online website was overloaded. She may not be first in line to get one but being CEO of America's largest automaker does have its perks.

She also confirmed that GM's 2035 target year to be an EV-only automaker is likely going to be accelerated. She did not offer an updated timeline. A key reason for making the EV transition faster than planned is because of - you guessed it - Tesla.

The Silicon Valley carmaker recently surpassed a $1 trillion market valuation while GM is worth around $84 billion despite making ten times the profits. Barra believes GM is being undervalued by Wall Street but this will change once its EV plan kicks into full gear.