Chevrolet Bolt EV Battery Fire Recall Costs GM Nearly $ 1 Billion

Ongoing recall Chevrolet Bolt EV strike GM’s The company said it had a earnings outlook of about $ 800 million when it announced its second-quarter earnings.The car has been recall Now twice for the possibility battery It’s a fire issue and customers are still being encouraged to carefully monitor the charge status of their car Park outside if possible.

GM’s total loss from ongoing company-wide recalls was estimated at $ 1.3 billion. In that context, dealing with battery fires at Bolt accounts for more than 60% of GM’s current recall-related costs. CEO Mary defends spending and the company New Ultium battery architecture Not affected by the problem of bolt problems.It also has no effect on updated ones. 2022 Chevrolet Bolt EV and EUV..

“We will always do the right thing for our customers,” Barra said. Said Bloomberg Market and Finance During an interview on Wednesday. “That was right because we prioritize their safety.”

Chevrolet The original solution to the problem turned out to be less permanent than expected.After that was completed, GM issued a second recall of 69,000. Chevrolet Bolt EV Worldwide in July (about 51,000 people in the US) After reporting two new fires.. GM has advised owners to stick to the 90% charge limit, which the company instructed owners to use first in November, before the first fix was completed.

NS Bolt EV Recalled last November due to fire hazard, at least one of the two new fires has already Software update Released as part of the recall. Experts from GM and battery supplier LG Chem said they have identified the simultaneous presence of two rare manufacturing defects in the same battery cell as the root cause of a particular battery fire. Chevrolet Bolt EV..

The Chevrolet Bolt vehicle to be recalled is from the same batch that was first recalled due to the possibility of an unmanned fire in the high voltage battery pack under the lower cushion in the backseat.The fire was initially report In the 2017, 2018 and 2019 models, the three EVs had similar combustion patterns in or around the backseat. After the investigation NHTSA It was published preliminary report He explained that the fire started in the battery compartment of Bolt and seemed to spread to the cabin. NHTSA has worked with GM to eliminate external factors such as charging equipment. The two were able to see a total of five fires on batteries near maximum charge, and two accidents reported in July brought the total number of known fires to at least seven. ..

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Chevrolet Bolt EV Battery Fire Recall Costs GM Nearly $ 1 Billion

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