GM hints at ‘multiple’ battery options, affirms LG deal – Bloomberg News – Regina Leader-Post

Article content

General Motors Co chief executive officer signaled the automaker would continue its relationship with South Korea’s LG Energy Solution, the battery supplier at the heart of its $1.8 billion vehicle recall, Bloomberg News reported.

The automaker has “multiple pathways” to secure a leading position in the transition to electric vehicles, CEO Mary Barra said in an interview with Bloomberg Television on Thursday.

GM last week expanded its recall of Bolt electric vehicles due to fire risk from what it called battery manufacturing defects, saying it would seek reimbursement from LG. (https://reut.rs/38vDLMh)

The defects are limited to the Bolt and will not affect GM’s new Ultium battery platform, which it developed with LG to power flagship electric vehicles due later this year, Barra said.

(Reporting by Sahil Shaw in Bengaluru; Editing by Aditya Soni)

Go to Source