GM will partner with suppliers when and where it makes sense, he says, adding this partnership should not be taken as a harbinger of things to come. GM will continue to build vehicle components on its own or buy them directly from suppliers in some situations.

LG Electronics Vehicle Components invested $250 million in an engineering and manufacturing facility in Incheon, South Korea, to support the Bolt’s component development and manufacturing.

The LG companies involved in the Bolt project include LG Chem, LG Innotek, LG Display and LG Electronics.

Fletcher says the 200-mile range of the Bolt may be a conservative estimate, hinting testing of pre-production models is showing better numbers.

Also, she says GM will call the production Bolt a CUV, as it did the concept vehicle, to boost the model’s awareness and hopefully acceptance in the marketplace.

CUV sales continue to accelerate as Americans show they prefer tall hatchbacks over other body styles. In September, CUV sales rose 28.3% above year-ago, and it was the fourth straight month the segment set a share record. CUVs accounted for 31.3% of total light-vehicle sales in September, WardsAuto data shows.

The Bolt EV goes on sale late next year in the U.S. It will be assembled at GM’s Orion Twp., MI, plant.

Reuss says GM still is targeting a starting price for the Bolt below $30,000, inclusive of tax breaks for EVs.