LG Electronics Help General Motors to Cover Charges of Chevy Bolt EV Recall

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General Motors has announced that it has reached an agreement by battery retainer LG Electronics to cover the costs of the recall of the Chevrolet Bolt EV Bolt EUV due to its Production from Korea-based battery manufacturer LG Chem LG Electronics Inc. A massive recall of the Chevy Bolt EV - for battery burn-out, the automaker can expect about $ 2 billion. Approximately 69,000 Bolt vehicles were recalled.