This is basically a fringe position. According to wikipedia the Bolt is classed as a "subcompact" car. In the late 2010s basically every car manufacturer exited out of the subcompact segment[1] because of lackluster sales. At least in North America, almost nobody wants subcompact cars.
>We already have people driving trucks around lifted beyond belief with beds that never get used.
Every time this sort of conversation comes up, pickup trucks are always brought up as the problem. Yet, if you look at sales data[2], their market share only rose modestly. Arguably they're just returning to historical trends after fuel prices came back down in the late 2010s. The fastest growing segment is actually crossovers. They come with much of the same concerns you raised about pickup trucks, but I suppose they're way harder to demonize so nobody really talks about them.
[1] https://en.wikipedia.org/wiki/Subcompact_car#2000s_to_presen...
[2] https://advocacy.consumerreports.org/research/the-rise-of-th...