• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

LG will pay GM $1.9B for Chevy Bolt EV battery recall


General Motors announced Tuesday morning that it has reached an agreement with LG Electronics over manufacturing defects that have led to the recall of about 140,000 Chevrolet Bolt EVs. According to GM, the reimbursement offsets $1.9 billion of the $2.0 billion in charges associated with the recalls—effectively covering most of the cost of… More…

Bookmark the permalink.

Comments are closed.