GM does a U-turn to save the Chevy Bolt

FILE PHOTO: A 2019 Chevrolet Bolt plug-in electric vehicle is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Rebecca CooK/File Photo

(Reuters) - General Motors CEO Mary Barra has staked billions on a broad lineup of electric vehicles such as the Chevrolet Silverado EV designed from the wheels-up to be electric, software-defined vehicles that can match or beat any Tesla.

On Tuesday, Barra made a significant exception, reversing a decision to phase out the Chevrolet Bolt.