(Reuters) – Basic Motors Co (NYSE:) on Wednesday stated it’s going to sharply reduce costs on its electrical Chevrolet Bolt after the Detroit automaker had halted gross sales for six months following a battery recall.

GM is reducing costs on the Bolt by round $6,000 and by as a lot as 18% for the lowest-price model, which is able to begin at $26,595, down from $32,495. The Bolt EUV will begin at $28,195 down from $35,695.

“This alteration displays our ongoing need to verify Bolt EV/EUV are aggressive within the market,” GM stated in a press release, including “affordability has all the time been a precedence for these automobiles.”

The pricing change was reported earlier by the Verge.

GM stated it plans to construct extra Bolt EVs and EUVs this 12 months than in every other 12 months because it launched in 2016. Bolt gross sales in 2021 hit a excessive of 24,828 automobiles.

GM resumed Bolt manufacturing in April following a serious battery recall in August and started resuming gross sales earlier this 12 months.

The corporate in August widened a recall of the Bolt to greater than 140,000 automobiles to interchange battery modules after a collection of fires in parked automobiles, and halted manufacturing and retail gross sales.

GM stated in August it had recalled all Bolt automobiles constructed because it started manufacturing.

In April, GM launched an promoting marketing campaign for the Bolt to win again shoppers following the costly recall that had stopped manufacturing.

In February, the Nationwide Freeway Site visitors Security Administration (NHTSA) closed an investigation into the Bolt fires “in view of the recall actions being taken by Basic Motors” and after reviewed stories of 24 Bolt fires.

GM bought simply 358 Bolt automobiles in the USA within the first three months of 2022, down from 9,025 in the identical interval in 2021, and 99 Hummer EV pickups.

The corporate has been lobbying Congress to increase a $7,500 tax credit score for EV purchases. Each GM and Tesla (NASDAQ:) beforehand hit a 200,000 cumulative EV gross sales cap and now not qualify for the credit score not like different automakers.