ronwagn

https://www.latimes.com/business/story/2021-08-20/gm-extends-recall-to-cover-all-chevy-bolts-due-to-fire-risk

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28 minutes ago, ronwagn said:

You need a subscription to see the second item but sure batteries can have problems. A major battery project in Aus caught fire recently..

A large blaze at Victoria’s “big battery” project has been brought under control by firefighters after burning for more than three days, allowing investigators to begin examining the site.

Victoria is an Australian state.. here is the story link

 

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(edited)

11 hours ago, markslawson said:

You need a subscription to see the second item but sure batteries can have problems. A major battery project in Aus caught fire recently..

A large blaze at Victoria’s “big battery” project has been brought under control by firefighters after burning for more than three days, allowing investigators to begin examining the site.

Victoria is an Australian state.. here is the story link

 

The end of GM'S last quarter showed almost a billion spent on warranty claims. Now that number is a  unparalleled figure for a new platform launch, in addition GM is already losing 4000 a copy on each EV sold.

How this is being accepted by GM'S board is the question, to take matters further Wall street seems to be completely oblivious as to what's occurring.

I cannot see anything but a major shift/failure in GM'S future..

https://www.yahoo.com/now/gm-expands-recall-chevy-bolt-234519715.html

https://www.teslarati.com/chevrolet-chevy-bolt-ev-1-8-billion-dollar-problem-battery-recalls/

General Motors has already spent $800 million on recalls of the Chevrolet Bolt EV due to defective battery cells that caused fires, but the price has gone up once again. On Friday, the automaker announced it would funnel an additional $1 billion into additional voluntary recalls of the electric sedan “out of an abundance of caution.”

The Bolt EV was issued its third recall in a year on Friday, following one in late July and another from November 2020 as defective battery cells were causing some builds of the vehicle to catch fire. GM and its battery supplier LG Energy Solutions stated that “the simultaneous presence of two rare manufacturing defects in the same battery cell” could cause a fire if the battery pack is charged fully.

Edited by Eyes Wide Open
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