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