LG also said, “LG’s cost of about 1.4 trillion won was reasonably estimated and calculated by assuming possible situations at this point based on the agreement with GM,” and that, “I think the additional provision will be very limited. Seoul: LG Electronics and LG Energy Solution announced on the 13th that they will cost 1.4… Continue reading LG has to pay "1.4 trillion won instead of 2.3 trillion won for GM recall"
Tag: Recalls
@GM: GM Announces 2021 Q3 Earnings Conference Call Details October 13, 2021
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Safety regulator wants info on Tesla’s FSD beta, ‘safety score’ evaluation
The National Highway Traffic Safety Administration wants to know why Tesla didn’t issue a recall for Autopilot after it became obvious the driver assistance system had a problem “seeing” parked emergency vehicles. NHTSA is also asking Tesla for more information about the growing public beta test of its incomplete Full Self-Driving software, the recently launched… Continue reading Safety regulator wants info on Tesla’s FSD beta, ‘safety score’ evaluation
U.S. asks Tesla why it did not recall Autopilot after software changes
The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs WASHINGTON, Oct 13 (Reuters) – U.S. auto safety regulators asked Tesla Inc (TSLA.O) why the electric-car maker has not issued a recall to address software changes made to its Autopilot driver-assistance system to improve the vehicles’… Continue reading U.S. asks Tesla why it did not recall Autopilot after software changes
@GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021
LG will reimburse GM for recall costs and expenses WARREN, Mich. – General Motors Co. (NYSE: GM) announced today it 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… Continue reading @GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021
LG Chem to reimburse GM $1.9bn for Bolt electric vehicle recall
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Indian start-up develops 15-minute rapid charger for EVs
In the race for vehicle electrification, speedy EV charging is billed to be the game-changer when it comes to enabling the transition of ICE motorists to EVs. In the past fortnight or so, at least two global majors – ABB and Mahle Powertrain – have announced speedy EV charging. While ABB claims it has developed… Continue reading Indian start-up develops 15-minute rapid charger for EVs
Under New Leadership, AM General To Showcase Diversity Of Innovative Products At AUSA 2021
SOUTH BEND, Ind., Oct. 8, 2021 /PRNewswire/ — Global mobility solutions provider, AM General, will feature products and services that demonstrate continuous transformation for todays and tomorrow’s demands on the modern battlefield at the Annual Meeting and Exposition of the Association of the U.S. Army (AUSA) Oct. 11-13, 2021, Booth #7341, Hall D, at the Walter… Continue reading Under New Leadership, AM General To Showcase Diversity Of Innovative Products At AUSA 2021
@GM: GM Reports Third-Quarter Sales
GM Reports Third-Quarter Sales Company gains retail market share in key segments 2021-10-01 DETROIT — General Motors Co. (NYSE: GM) dealers delivered 446,997 vehicles in the U.S. in the third quarter of 2021, down 218,195 units from a year ago as a result of semiconductor supply chain disruptions and historically low inventories. During the quarter,… Continue reading @GM: GM Reports Third-Quarter Sales
Workhorse Group CFO, COO exit in rejig at EV company
Electric vehicle maker Workhorse Group said on Thursday two of its top executives, including finance chief Steve Schrader, had left the company and that it had hired new people as part of a management rejig to underpin its commercial goals. The changes signal Workhorse is undergoing a broader management shakeup after Richard Dauch took the… Continue reading Workhorse Group CFO, COO exit in rejig at EV company