Afriupdate News
Wednesday, June 11, 2025
  • Home
  • NewsNew
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News TipGot Tips?
GET NEWS ALARTS
No Result
View All Result
Wednesday, June 11, 2025
Afriupdate News
No Result
View All Result
Afriupdate News
No Result
View All Result
ALERTS
  • News
  • Headlines
  • Sports
  • Business
  • Features
  • Life
  • Sports
  • Technology
ADVERTISEMENT
Home Business

GM expands Chevrolet Bolt EV recall, adding $1 bn in costs

Abraham by Abraham
August 22, 2021
in Business
0
GM expands Chevrolet Bolt EV recall, adding $1 bn in costs
A 2019 Chevrolet Bolt plug-in electric vehicle is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Rebecca Cook

General Motors expanded a recall of its Chevrolet Bolt on Friday, announcing plans to repair thousands more of the electric autos in a move that will add $1 billion in costs.

The recall will address two manufacturing defects that can be present in electric battery cells, leading to fires in “rare circumstances,” GM said in a news release.

The latest moves adds to the $812 million in costs connected to the earlier recall of Bolt vehicles.

GM said it was pursuing reimbursement from the supplier, LG.

MORE FROM AFRIUPDATE

Binance: Collaboration With SEC, EFCC, NSA Positive, Says CBN Gov

Binance: Collaboration With SEC, EFCC, NSA Positive, Says CBN Gov

April 1, 2024
Nigerian inflation rate

Nigeria’s inflation rate hits 26.72% in September– NBS

October 17, 2023
An assembling plant.

‘Why average Nigerians can’t afford new vehicles’

August 4, 2023
Businesses, individuals suffer as ransomware attacks in Nigeria rise by 7% in H1

Businesses, individuals suffer as ransomware attacks in Nigeria rise by 7% in H1

July 27, 2023
ADVERTISEMENT

The automaker “discovered manufacturing defects in certain battery cells produced at LG manufacturing facilities beyond the Ochang, Korea plant,” GM said.

“GM and LG are working to rectify the cause of these defects. In the meantime, GM is pursuing commitments from LG for reimbursement of this field action.”

GM is now recalling additional Bolt vehicles from 2019 as well as those of the 2020-2022 model year after the July 23 announcement covered vehicles from the 2017-2019 period.

Friday’s recall affects about 73,000 autos in the United States and Canada, a bit more than the 69,000 covered by the initial recall.

ADVERTISEMENT

“Our focus on safety and doing the right thing for our customers guides every decision we make at GM,” said Doug Parks, GM executive vice president. “As leaders in the transition to an all-electric future, we know that building and maintaining trust is critical.”

GM reiterated safety steps for consumers as they await notification when replacement parts are ready. This includes adjusting vehicle settings to enable a maximum charge of 90 percent.

Shares of GM fell 2.2 percent to $47.73 in after-hours trading Friday. GM announced the move after the market closed.

Follow our socials Whatsapp, Facebook, Instagram, Twitter, and Google News.

Related topics: BUSINESSChevroletTechnology
ShareTweetSendShare
ADVERTISEMENT
Next Post
5G Network Dangers

FG Gives Fresh Update On Deployment Of 5G Network

Greece Builds 25-mile Fence to Fend Off Afghan Refugees

Greece Builds 25-mile Fence to Fend Off Afghan Refugees

Here's How Much Dave Portnoy's $40,000 SafeMoon Investment Is Worth Now

Here's How Much Dave Portnoy's $40,000 SafeMoon Investment Is Worth Now

Leave a Reply Cancel reply

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

  • Home
  • About Us
  • Contact us
  • Advertisement
  • Privacy Policy

© 2023 Afriupdate News. All Rights Reserved

Welcome Back!

Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
Sign Up with Linked In
OR

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
No Result
View All Result
  • Home
  • News
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News Tip

© 2023 Afriupdate News. All Rights Reserved