A "charge cycle" is full-empty-full. If you are cycling 60-40-60, that's only 20% delta, which is much less stressful than 100%. In fact, cycling 60-40-60 five times is better than 100-0-100 one time.
This is a key fact that most people have a hard time understanding about Lithium based batteries. Battery chemistries differ to suit what the manufacturer wants from the cells, but the overall trend seems to hold true. The assumption is that your car will be used on a regular basis. Keeping your battery at full, or worse at empty, for extended periods of time (months), is also detrimental to cell health. This has also been shown in various studies, however each cell chemistry is different. Based on various articles, it seems as though GM specified a more mediocre cell chemistry to allow future expansion to higher energy density cell chemistires (more mi/kW) whereas Tesla chose a more aggressive chemistry but is dialing back the range because some users are pushing the batteries too hard. It's all a trade off in the auto industry, but I'm hoping GM played it on the safe side because we hope to own our Bolt for another 8-10 years after which we would consider battery service (individual cells, hopefully not the whole pack) part of the typical EV maintenance.