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Chevrolet Bolt EV battery production resumes

By David Shepardson WASHINGTON (Reuters) -General Motors Co said on Monday that battery production for its recalled Chevrolet Bolt electric vehicle had resumed and that battery...
Chevrolet Bolt EV battery production resumes © Reuters. FILE PHOTO: Workers assemble Chevy Bolt EV cars at the General Motors assembly plant in Orion Township, Michigan, U.S. November 4, 2016. REUTERS/Joe White

By David Shepardson

WASHINGTON (Reuters) -General Motors Co said on Monday that battery production for its recalled Chevrolet Bolt electric vehicle had resumed and that battery replacements will begin next month.

GM said supplier LG battery plants in Holland and Hazel Park, Michigan, have resumed production and LG is adding capacity to provide more battery cells to GM.

Last week, the largest U.S. automaker said it would extend a shutdown of a Michigan assembly plant to mid-October following a new recall of its Bolt electric vehicles over battery issues after 13 reported fires. GM declined Monday to say when it might resume production of the vehicles.

GM shares recovered some of their earlier losses after the announcement, closing down 3.8% at $49.37.

GM in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules, at a cost now estimated at $1.8 billion. The automaker said it would seek reimbursement from LG.

GM said on Monday "replacement battery modules will begin shipping to dealers as soon as mid-October."

GM says the root cause of the rare circumstances that could cause a battery fire is two manufacturing defects known as a torn anode and a folded separator.

GM said LG has implemented new manufacturing processes and has worked with GM to "review and enhance its quality assurance programs to provide confidence in its batteries moving forward."

Within about 60 days, GM will launch a new "advanced diagnostic software package that will increase the available battery charging parameters over existing guidance," it said.

The software is designed to detect "specific abnormalities that might indicate a damaged battery."

GM said owners should continue to park outside immediately after charging and not leave vehicles charging indoors overnight.

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27-10-2021 00:22:08 (UTC+7)

EUR/USD

1.1592

-0.0014 (-0.12%)

Summary

↑ Buy

Moving Avg:

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EUR/USD

1.1592

-0.0014 (-0.12%)

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GBP/USD

1.3764

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USD/JPY

114.11

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AUD/USD

0.7499

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132.27

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 EUR/USD1.1592↑ Buy
 GBP/USD1.3764↑ Buy
 USD/JPY114.11↑ Sell
 AUD/USD0.7499↑ Buy
 USD/CAD1.2385↑ Sell
 EUR/JPY132.27Sell
 EUR/CHF1.0662↑ Sell
 Gold1,794.35↑ Buy
 Silver24.108↑ Buy
 Copper4.4795Neutral
 Crude Oil WTI84.72Buy
 Brent Oil85.67↑ Buy
 Natural Gas5.973Buy
 US Coffee C207.90↑ Buy
 Euro Stoxx 504,223.97↑ Sell
 S&P 5004,574.52↑ Sell
 DAX15,757.06↑ Sell
 FTSE 1007,277.62↑ Buy
 Hang Seng26,038.27↑ Buy
 Small Cap 20002,299.85↑ Sell
 IBEX 359,001.60↑ Sell
 BASF63.740↑ Buy
 Bayer48.83↑ Buy
 Allianz201.95↑ Buy
 Adidas280.25↑ Sell
 Lufthansa5.628↑ Buy
 Siemens AG141.36↑ Buy
 Deutsche Bank AG11.905↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,800/ 5,850
(0/ 0) # 889
SJC HCM5,790/ 5,860
(0/ 0) # 900
SJC Hanoi5,790/ 5,862
(0/ 0) # 902
SJC Danang5,790/ 5,862
(0/ 0) # 902
SJC Nhatrang5,790/ 5,862
(0/ 0) # 902
SJC Cantho5,790/ 5,862
(0/ 0) # 902
Cập nhật 27-10-2021 00:22:10
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Sản phẩmVùng 1Vùng 2
RON 95-IV2443024910
RON 95-II,III2433024810
E5 RON 92-II2311023570
DO 0.05S1871019080
DO 0,001S-V1906019440
Dầu hỏa1763017980
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WTI$84.78-1.16-1.36%
Brent$86.45-0.56-0.65%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.625,0022.855,00
EUR25.732,9927.151,49
GBP30.514,9531.789,89
JPY193,97205,16
KRW16,8320,49
Cập nhật lúc 18:54:25 26/10/2021
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