LG will reimburse GM for Bolt EV recall costs and expenses; $1.9B recovery

Green Car Congress
By mmillikinOct 13, 2021, 3:01 am255 pts
General Motors has reached an agreement under which LG Electronics Inc. will reimburse GM for costs and expenses associated with the recall of Chevrolet Bolt EVs and EUVs due to manufacturing defects in battery modules supplied by LG. (Earlier post.) As a result of the agreement, GM will recognize an estimated…

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