GM recall of Chevy Bolts will cost $1.8bn

Reposted from NOT A LOT OF PEOPLE KNOW THAT (and HT/Ted P, BobM, and meab)

By Paul Homewood

h/t Tallbloke

GM recall of Chevy Bolts will cost $1.8bn

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The recall and others raise questions about lithium ion batteries, which now are used in nearly all electric vehicles. Ford, BMW and Hyundai all have recalled batteries recently.

President Joe Biden will need electric vehicles to reach a goal of cutting greenhouse gas emissions in half 2030 as part of a broader effort to fight climate change.

The GM recall announced Friday adds about 73,000 Bolts from the 2019 through 2022 model years to a previous recall of 69,000 older Bolts.

GM said that in rare cases the batteries have two manufacturing defects that can cause fires.

The Detroit-based automaker said it will replace battery modules in all the vehicles. In older versions, all five modules will be replaced.

The latest recall will cost the company about $1 billion, bringing the total cost of the Bolt battery recalls to $1.8 billion.

https://apnews.com/article/technology-joe-biden-business-health-environment-and-nature-bbe51b0c8e644c4448d634fc3c0f3461

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August 21, 2021 at 04:14PM

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