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Top News In Global Purchasing Today - Breaking & Trending Today

GM and GE Renewable Energy Sign MoU to Support EV Growth - Vimarsana News

GM and GE Renewable Energy Sign MoU to Support EV Growth

General Motors and GE Renewable Energy signed a Memorandum of Understanding to discover new ways to supply materials for electric vehicles.

LG Will Cover $1.9 Billion of Bolt Battery Recall - Vimarsana News

LG Will Cover $1.9 Billion of Bolt Battery Recall

The Korean battery supplier will cover $1.9 billion of the Bolt's recall costs, as GM seeks to open a new chapter on its EV efforts.

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

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

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...

Chevrolet Takes Huge Step in Solving the 2017-2022 Bolt Battery Crisis - Vimarsana News

Chevrolet Takes Huge Step in Solving the 2017-2022 Bolt Battery Crisis

Chevrolet says it has an agreement from LG to pay for almost all of the battery recall costs.

GM, General Electric to Develop Rare Earth Materials Supply Chain for EVs - Vimarsana News

GM, General Electric to Develop Rare Earth Materials Supply Chain for EVs

The collaboration between GM and GE Renewable Energy will create a supply chain for EVs based in North America and Europe.