Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Top Stories
    3. >General Motors to replace battery modules for some Bolt electric vehicles after fire risks
    Top Stories

    General Motors to Replace Battery Modules for Some Bolt Electric Vehicles After Fire Risks

    Published by maria gbaf

    Posted on August 17, 2021

    2 min read

    Last updated: February 16, 2026

    Add as preferred source on Google
    Image showcasing General Motors' initiative to replace battery modules in Chevrolet Bolt electric vehicles due to fire risks. This recall addresses manufacturing defects identified in LG Chem's battery cells.
    General Motors Bolt EV battery modules being replaced to mitigate fire risk - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:customersinnovationsustainability

    GM to Replace Battery Modules in Certain Chevrolet Bolt EVs Due to Fire Risks

    (Reuters) – Automaker General Motors Co said it will replace all battery modules in some Chevrolet Bolt electric vehicles (EVs) under a recall announced last month.

    The module replacements, which could start as early as later this month, come after GM recalled its 2017-2019 model year Bolt battery-powered cars for the second time in less than a year. Two fire incidents were reported after the initial recall, including one in a Bolt that had updated software.

    GM, the largest U.S. automaker, said in a statement issued on Monday it would replace recalled vehicles’ lithium ion battery modules with new modules, rather than replacing entire battery packs. “The battery pack case, wiring and the other pack components are not defective and do not need replacing,” it said.

    GM said earlier the high-voltage batteries being recalled were produced at South Korean manufacturer LG Chem Ltd’s Ochang facility in Korea. The automaker said on July 23 it and LG had identified the presence of two rare manufacturing defects in the same battery cell as the root cause of battery fires in certain Bolt EVs.

    A spokesperson for LG Energy Solutions (LGES), a wholly owned LG Chem battery subsidiary, said LGES “will actively cooperate to ensure that the recall measures are carried out smoothly.”

    In late July, GM said its second-quarter results included $800 million in costs associated with the recall of Bolt EVs.

    The automaker also asked owners to charge their vehicle after each use and avoid depleting the battery below approximately 70 miles of remaining range, where possible, to reduce the risk of a fire.

    GM said it was still recommending customers park vehicles outside immediately after charging and not leave them charging overnight. It said customers should also seek out the software update issued as part of the initial recall.

    The automaker plans to use a different-generation battery when it launches electric Hummer and Cadillac vehicles over the next year.

    (Reporting by Akriti Sharma in Bengaluru and David Shepardson in Washington; Editing by Kenneth Maxwell)

    Frequently Asked Questions about General Motors to replace battery modules for some Bolt electric vehicles after fire risks

    1What prompted GM to replace battery modules in the Bolt EVs?

    GM announced it would replace battery modules in some Chevrolet Bolt EVs due to fire risks associated with the lithium ion batteries produced by LG Chem.

    2What are the safety recommendations for Chevrolet Bolt EV owners?

    GM recommends that owners charge their vehicles after each use, avoid depleting the battery below approximately 70 miles of remaining range, and park the vehicles outside immediately after charging.

    3How much did GM incur in costs related to the Bolt EV recall?

    In its second-quarter results, GM reported $800 million in costs associated with the recall of Bolt EVs.

    4What is the plan for future electric vehicles from GM?

    GM plans to use a different-generation battery when launching electric Hummer and Cadillac vehicles over the next year.

    5Who is responsible for the battery production linked to the recall?

    The high-voltage batteries being recalled were produced at LG Chem's Ochang facility in South Korea.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – Close the Deal and Suddenly Grow Rich
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a Regulatory Obligation Into a Commercial Advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: Pca Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan Is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Electiva Marks a Landmark First Year With Major Senior Appointments and Expansion Milestones
    View All Top Stories Posts
    Previous Top Stories PostMalaysia’s King to Meet Political Leaders as Search for New PM Begins
    Next Top Stories PostHong Kong Leader Says No Explicit Timetable for Anti-Foreign Sanctions Law