General Motors to get $1.9bn compensation from LG for Chevrolet Bolt recall

General Motors to get $1.9bn compensation from LG for Chevrolet Bolt recall

General Motors (GM) said that it has reached a consensus with LG Electronics under which the latter will compensate $1.9 billion for the expenses and costs related to the recalls of Chevrolet Bolt electric vehicles (EVs) and electric utility vehicles (EUVs). The Chevrolet Bolt EVs and EUVs were recalled because of manufacturing defects in battery […]