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Coverage dated October 11, 2021

LG to pay GM $1.9 billion to cover cost of Bolt recall for battery fires

Headline from KTVZ Bend

By Chris Isidore, CNN Business General Motors will be getting $1.9 billion from its battery supplier LG to cover most of the cost of the expensive recall of the Chevrolet Bolt after a series of fires. GM is recalling 143,000 Bolts, which represents most of the Bolts sold since the electric car debut…

KTVZ Bend's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

7 articles, oldest first.

  1. FOX Business

    LG to pay $1.9 billion toward $2 billion Chevrolet Bolt battery recall (opens FOX Business)

    Published

    FOX Business's feed description

    LG Electronics has agreed to pick up most of the tab for GM's recall of over 140,000 Chevrolet Bolt electric vehicles. A manufacturing defect has been linked to several vehicle fires.

  2. KTVZ Bend

    LG to pay GM $1.9 billion to cover cost of Bolt recall for battery fires (opens KTVZ Bend)

    Published

    KTVZ Bend's feed description

    By Chris Isidore, CNN Business General Motors will be getting $1.9 billion from its battery supplier LG to cover most of the cost of the expensive recall of the Chevrolet Bolt after a series of fires. GM is recalling 143,000 Bolts, which represents most of the Bolts sold since the electric car debut…

  3. New York Times

    LG will pay G.M. $1.9 billion for a battery flaw that led to a Bolt recall. (opens New York Times)

    Published

    New York Times's feed description

    General Motors has recalled 141,000 Bolts to replace battery packs that can catch on fire because of manufacturing defects.

  4. Fox2 Detroit

    GM reaches deal with LG to pay for Chevy Bolt battery recall costs (opens Fox2 Detroit)

    Published

    Fox2 Detroit's feed description

    GM recalled thousands of Chevy Bolts this summer after 13 battery fires.

  5. InsideEVs

    LG Chem To Pay $1.2 Billion Toward Chevrolet Bolt Recall Costs (opens InsideEVs)

    Published

    InsideEVs's feed description

    LG Chem will pick up $620 billion of the total costs, while LG Electronics will cover $480 billion. The total cost is estimated at $2 billion.

  6. Engadget

    LG will cover nearly the entire cost of GM's Chevy Bolt EV recall (opens Engadget)

    Published

    Engadget's feed description

    GM has reached a deal that should make LG pay nearly all the cost of the Bolt EV and EUV recall — about $1.9 billion dollars..

  7. WTOP Washington DC

    GM reaches deal with LG to pay for Bolt battery recall costs (opens WTOP Washington DC)

    Published

    WTOP Washington DC's feed description

    LG Electronics has reached a deal with General Motors to pay $1.9 billion to $2 billion to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the risk of battery fires.

LG to pay GM $1.9 billion to cover cost of Bolt recall for battery fires | Since Then