Tesla aims to triple the Supercharger network in two years

Tesla SuperchargerThe term “record-setting” has applied to nearly every set of quarterly Tesla sales and delivery results, for years. But on Wednesday, Tesla made clear in its third-quarter call that it’s time to accelerate the build-out of its Supercharger network, so as to accommodate that rapidly expanding fleet of Tesla vehicles. As we...

LG will pay GM $1.9B for Chevy Bolt EV battery recall

2017 Chevrolet Bolt EVGeneral Motors announced Tuesday morning that it has reached an agreement with LG Electronics over manufacturing defects that have led to the recall of about 140,000 Chevrolet Bolt EVs. According to GM, the reimbursement offsets $1.9 billion of the $2.0 billion in charges associated with the recalls—effectively covering most of the cost of...