Not misspelled. This is the all electric version of the Volt.
GM Readies Electric Rival to Tesla - WSJ
Quote:
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By placing the Bolt in the high-volume Chevrolet line and giving it a name similar to the Volt, executives hope to polish Chevy’s image as a full-line vehicle manufacturer prepared to meet demand, regardless of prices at the pump, according to people familiar with the strategy. GM expects the Bolt to compete globally, including in markets such as China. It is unclear if a car similar to the Bolt would be inserted in the Opel, Cadillac or Buick brands down the road.
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This reads like an Onion article!
Bolt - Snort!