So what? It could have a jillion kWh battery, but if you can't sell it at a price that makes you a profit, then you have to sell it at a loss. That is the crux of GM's dilemma, they thought that the market for entry level EVs was range sensitive ("give them 200+ range and they will be standing in line for you to take their money"), when it is not, it is price sensitive, always has been.
But nevertheless, GM flooded the market with $42K+ 200+ mile cars that were simply too expensive for their target market. At one point this summer, GM had over 200 days worth of Bolt inventory gathering dust on dealers lots. So they were forced to do what any good marketeer does with distressed merchandise, you fire sale the hell out of it to move it off the lot and take the loss. Currently GM loses about $6K on incentives for every Bolt that moves off of a dealers lot.