LG to pay up to $1.9 billion to General Motors over Bolt EV battery fires

News

In this article

A 2019 Chevrolet Bolt EV caught fire at a home in Cherokee County, Georgia on Sept. 13, 2021, according to the local fire department.
Cherokee County Fire Department

LG Electronics has agreed to reimburse General Motors up to $1.9 billion to recall Chevrolet Bolt EVs due to faulty batteries provided by the South Korean supplier.

Problems with the Bolt – the company’s flagship mainstream EV – have led the automaker to recall every one of the electric cars since production began in 2016. Fixing the vehicles, including completely replacing some batteries entirely, is expected to cost $2 billion, GM said Tuesday.

The manufacturing problems occurred at LG Battery Solution’s plants in South Korea and Michigan. The “rare manufacturing defects” in the Bolt EVs are a torn anode tab and folded separator that when present in the same battery cell increase the risk of fire, according to GM.

Products You May Like

Articles You May Like

2025 Nissan Rogue Rock Creek Review: Answering The Call Of Adventure
Seattle’s Viral Tesla Cybertruck Heads To Auction After Months Of Internet Fame
Ford offers attractive End of Year incentives on Mustang Mach-E, F-150 Lightning
Diabetic Baja 1000 racer steals the show with ad hoc Starlink Mini setup
Jim Cramer says ‘nothing truly dulls the case’ for owning Tesla stock

Leave a Reply

Your email address will not be published. Required fields are marked *