The Bolt has an odd marketing approach behind it. While it may be true that the Bolt will technically be discontinued, there will be its direct successor (built on the Ultium platform)
Also, as a practical matter, you can cut $7500 off the price of any new EV in the US because of the tax incentive.
There is a very real reason why certain classes of cars are EV and not others- you have to be able to charge at home/work to have a good experience. That normally means having a garage, often in a single family house. Apartment dwellers need not apply. Unfortunately, these are also the ones that buy compact cars, meaning there isn’t much of a market. The suburbanites that are eligible to charge at home mostly buy SUVs and more expensive sedans.