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.
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General Motors and GE Renewable Energy signed a Memorandum of Understanding to discover new ways to supply materials for electric vehicles.
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.
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 says it has an agreement from LG to pay for almost all of the battery recall costs.
The collaboration between GM and GE Renewable Energy will create a supply chain for EVs based in North America and Europe.