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No hope of ever breaking even on that model now, if there was any to start with. Another edition of the recurring lithium-ion safety issue in the world of EVs: battery ’emissions’.
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DETROIT (AP) — General Motors is recalling all Chevrolet Bolt electric vehicles sold worldwide to fix a battery problem that could cause fires.
The recall raises questions about lithium ion batteries, which now are used in nearly all electric vehicles.
President Joe Biden wants to convert 50% of the U.S. vehicle fleet from internal combustion to electricity by 2050 as part of a broader effort to fight climate change.
The recall announced Friday adds about 73,000 Bolts from the 2019 through 2022 model years to a previous recall of 69,000 older Bolts.
GM said that in rare cases the batteries have two manufacturing defects that can cause fires.
The Detroit-based automaker said it will replace the battery modules in all the vehicles.
The move will cost the company about $1 billion.
GM said owners should limit charging to 90% of battery capacity. The Bolts, including a new SUV, should be parked outdoors until the modes are replaced.
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