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General Motors to recall all additional Bolt EVs, through MY 2022, for battery replacement; $1B cost

Green Car Congress

General Motors is voluntarily expanding the current Chevrolet Bolt EV recall ( earlier post ) to cover the remaining 2019 and all 2020-2022 model year vehicles, including the new Bolt EUV. In the meantime, GM is pursuing commitments from LG for reimbursement of this field action. 63,683 (52,403 in the US.

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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

In 2019, ABTC detailed the operations of this integrated battery recycling system in a global competition hosted by BASF, and was subsequently selected as the sole winner of the battery recycling portion of the Circularity Challenge.

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress

billion transaction provides Lordstown Motors with $675 million of gross proceeds. In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory. The design significantly increases reliability, maximizes performance, and reduces total cost of ownership.

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How the Chevy Bolt EV became GM’s 1.8 billion dollar problem

Teslarati

General Motors has already spent $800 million on recalls of the Chevrolet Bolt EV due to defective battery cells that caused fires, but the price has gone up once again. 2019 Chevy Bolt EV (Credit: Chevrolet). and 1,212 in Canada) – 2019 model year Bolt EVs that were not included in the previous recall.

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United Auto Workers Ratify New Labor Contract

The Truth About Cars

Despite several large facilities voting against the UAW labor contract negotiated with Detroit automakers, the deal has been ratified by union members from both General Motors and Stellantis. General Motors’ unionized employees ratified their contract by 54.7 Regardless, expect sustained bragging from the UAW.

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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

Green Car Congress

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Cell Manufacturing and R&D Dec.

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Ford Reaches Tentative Deal With UAW, Workers Return

The Truth About Cars

It also gets to reactivate stalled assembly lines while General Motors and Stellantis continue contract negotiations with the UAW. The agreement reinstates major benefits lost during the Great Recession, including Cost-of-Living Allowances and a three-year Wage Progression, as well as killing divisive wage tiers in the union.

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