LG Electronics will pay General Motors $1.9 billion to cover almost the entire cost of a recall of fire-prone batteries in the Chevrolet Bolt electric car that has become a big problem for the ...
DETROIT (AP) — LG Electronics has reached a deal with General Motors to pay $1.9 billion to $2 billion to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the ...
General Motors and South Korea's LG Energy Solution reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents filed ...
General Motors has lost confidence in battery supplier LG Chem after defective cells from the company caused a string of fires and sparked a massive recall of Chevrolet Bolt electric vehicles and ...
General Motors has reached an agreement with its battery supplier over the heavy costs to recall nearly 140,000 Chevrolet Bolt EVs and EUVs globally. On Tuesday, GM said LG Electronics Inc., which is ...
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