Business & Investment

GM says production of Chevrolet Bolt EV batteries will be resumed by Reuters

© Reuters. File Photo: Workers assemble a Chevrolet Bolt EV vehicle at the General Motors Assembly Plant in Orion Township, Michigan, USA, on November 4, 2016.Reuters / Joe White

Washington (Reuters)-General Motors (NYSE :) said on Monday that battery production for the recalled Chevrolet-Bolt electric vehicle will resume and battery replacement will begin next month.

GM said LG battery plants, a battery supplier in Hazel Park, Michigan, in the Netherlands and Michigan, have resumed production, adding the ability of LG to offer GM more battery cells.

Last week, the largest US automaker announced that it would extend the closure of its Michigan assembly plant to mid-October after a new recall of a Chevroletbolt electric vehicle due to battery problems after 13 fires were reported. GM declined to say on Monday when it might resume car production.

In August, GM expanded bolt recalls to more than 140,000 units and replaced battery modules. The cost is currently estimated at $ 1.8 billion. The automaker said it would seek a refund from LG.

“Replacement battery modules will begin shipping to dealers in mid-October,” GM said Monday.

According to GM, the root causes of rare situations that can cause a battery fire are two manufacturing defects known as anode tears and separator folding.

GM said LG will implement a new manufacturing process and work with GM to “review and enhance its quality assurance program and give confidence to future batteries.”

Disclaimer: Fusion media We inform you that the data contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are offered by market makers, not exchanges, so prices may not be accurate and may differ from actual market prices. In other words, price is an indicator and is not suitable for trading purposes. Therefore, Fusion Media is not responsible for any transactional losses that may occur as a result of using this data.

Fusion media Alternatively, anyone involved in Fusion Media will not be liable for any loss or damage resulting from relying on the data, quotes, charts, trading signals and other information contained on this website. Please be fully informed about the risks and costs associated with financial market transactions. This is one of the most risky forms of investment possible.

GM says production of Chevrolet Bolt EV batteries will be resumed by Reuters GM says production of Chevrolet Bolt EV batteries will be resumed by Reuters

Back to top button