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GM Dangles $6,000 Discount to Stay in the Electric Car Race

The automaker had little choice but to slash the price of its Chevrolet Bolt models.

A Chevy Bolt electric utility vehicle at the New York auto show in April.

A Chevy Bolt electric utility vehicle at the New York auto show in April.

Photographer: Michael Nagle/Bloomberg
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General Motors made an eyebrow-raising move this month with the Chevrolet Bolt hatchback and its slightly bigger cousin, the Bolt EUV.