Tuesday, 24 August 2021

GM expands Chevy Bolt EV recall for fire risk, will take $1 billion hit

GM expands Chevy Bolt EV recall for fire risk, will take $1 billion hit

General Motors Co (GM.N) said on Friday it would take a hit of $1 billion to expand the recall of its Chevrolet Bolt electric vehicles due to the risk of fires from the high-voltage battery pack - a blow for the largest U.S. automaker as it seeks to ramp up EV sales.
Read more: https://www.reuters.com/business/autos-transportation/gm-recalling-73000-bolt-evs-cost-1-billion-halts-sales-2021-08-20/?source=Snapzu

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