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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. and 9,019 in Canada) – 2020–2022 model year Chevrolet Bolt EVs and EUVs. 63,683 (52,403 in the US.

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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. and 1,212 in Canada) – 2019 model year Bolt EVs that were not included in the previous recall. GM’s Q2 2021 Earnings Call stated that it had spent $1.3

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Fisker pivots to franchised dealerships for EV sales, support

Baua Electric

“We are evolving our business model and intend to add as many as 50 dealer partners in the U.S. and Canada and a similar number of dealer locations in Europe this year,” CEO Henrik Fisker said in a statement to Reuters. In Europe, the company plans a hybrid model, signing up dealers while continuing direct sales.

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GM commits $400M to new Canadian battery materials plant for Ultium platform

Teslarati

General Motors is set to build a new $400 million battery materials plant in Canada with South Korean company POSCO Chemical, adding to the automaker’s already-massive spending plan for the transition to electric vehicles. General Motors increases EV investment by 75% through 2025.

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GM launches BrightDrop: first-to-last-mile electric ecosystem for goods & services

Green Car Congress

General Motors has launched a new business, BrightDrop , which will offer an ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies to move goods more efficiently. BrightDrop will initially serve customers in the US and Canada. BrightDrop operations.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

General Motors Corp. reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. The New GM will incorporate only the “best brands” and operations, and benefit from shedding much of the older debt burden and operating cost structure.

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New GM expected within 90 days

Green Cars News

After months of speculation about its future, General Motors Corporation has reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a new smaller and self-sustaining GM. Its dealers will be cut from the current level of 5,969 to 3,600.

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