General Motors and LG Electronics have struck a deal in which the South Korean battery maker will pay for all the costs associated with
Last August, GM announced that it was recalling all Chevy Bolts made after 2017, including the new versions released earlier this year, after multiple fires in the electric vehicle’s battery packs were found to have been caused by defects in the LG Chem cells found inside.
As part of the agreement, LG will reimburse GM for the “costs and expenses” associated with the recall, which
“LG is a valued and respected supplier to GM, and we are pleased to reach this agreement,” said Shilpan Amin, GM vice president for global purchasing and supply chain, in a statement. “Our engineering and manufacturing teams continue to collaborate to accelerate production of new battery modules, and we expect to begin repairing customer vehicles this month.”
As of last week,