Tag: GM

Farasis Energy Raises $1 Billion To Increase Lithium-Ion Battery Production

3 H BY MARK KANE Farasis Energy raises capital, builds 20 GWh battery factory and expands to Europe. Chinese lithium-ion battery manufacturer Farasis Energy (founded in 2002) announced that the C-round financing resulted in raising more than $1 billion for further global growth. The company already has two production sites in China (Ganzhou and Zhenjiang), employs more… Continue reading Farasis Energy Raises $1 Billion To Increase Lithium-Ion Battery Production

Delivering a World-Class Driver Experience with Two New Lyft Leaders

We’re excited to welcome Cal Lankton and Geoffrey Bain to Lyft as Vice President of Infrastructure Operations and Senior Director of Retail Operations, respectively. Cal and Geoffrey will work closely with Karim Bousta, who was recently brought on as Vice President of Driver Experience Operations. Together, this group will develop and execute Lyft’s long-term vision… Continue reading Delivering a World-Class Driver Experience with Two New Lyft Leaders

GM to recall about 1.2 million vehicles worldwide

(Reuters) – General Motors Co (GM.N) is recalling 1.205 million pickup trucks and sport utility vehicles worldwide due to issues with a temporary loss of power steering, the No.1 U.S. automaker said on Thursday. The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo The recall covers certain 2015… Continue reading GM to recall about 1.2 million vehicles worldwide

UPDATE 2-GM to recall about 1.2 mln vehicles worldwide

(Reuters) – General Motors Co is recalling more than 1 million pickup trucks and sport utility vehicles in the United States due to issues with a temporary loss of power steering, the National Highway Traffic Safety Administration said. The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo The… Continue reading UPDATE 2-GM to recall about 1.2 mln vehicles worldwide

Chevy recalls some Bolt EVs, Volts over supplier brake issues

2018 Chevrolet Bolt EV
Chevrolet this week recalled three to four months worth of production Bolt EVs and Volt plug-in hybrids over a potential brake issue that could increase stopping distances of the small vehicles.

The recall affects 2018-2019 Chevrolet Bolt EV and 2018-2019 Volt models sold in the U.S. and Canada.

General Motors' filing with federal regulators doesn't specify the number of cars or say when owners should begin receiving mailed notices for the proposed fixes, and Chevrolet was unable to confirm those details immediately. Affected Bolt EVs were produced between March 27, 2018 and July 17, 2018 and affected Volts were produced between March 27, 2018 and June 20, 2018.

DON'T MISS: 2018 Chevy Bolts recalled to update battery software, prevent shutdowns

According to GM, rear brake pistons that were improperly chromed and tempered could leak and trap hydrogen gas in the brake lines and could lead to soft or spongy brake pedals.

The faulty brake systems could stretch braking distances of the affected models. Officials said drivers should notice the spongy brake pedal within 15 days of the vehicle's assembly. Dealers were instructed to bleed the brake system to relieve any trapped hydrogen gas.In its filing, GM said it was not aware of any crashes or injuries related to the defect.

CHECK OUT: 2019 Chevy Volt gets higher prices with more equipment

The defective brake pedals are part of a larger recall affecting Mercedes-Benz vehicles and could be related to a similar recall by Fiat Chrysler Automobiles. German supplier ZF said it was aware of the issue, but in its filing GM said the supplier did not notify it that the issue could affect Chevy, Buick, GMC, and Cadillac vehicles.

GM issued the recall this week for more than 230,000 vehicles that also included Chevrolet Cruze, Equinox, Impala, and Malibu sedans and crossovers; GMC Terrain crossovers; Buick LaCrosse, and Cadillac XTS sedans.