A new report says that GM is spending a record amount on its effort to recall defective Chevy Bolt vehicles.
CNNBusiness.com reports that the automaker is going to spend approximately $200 million to repair defective batteries that are installed on approximately 700,000 vehicles.
The article says that the batteries are prone to catching fire, creating a dangerous hazard for the vehicles’ occupants. There have been at least 9 documented fires relating to the defect, CNN Business reports.
GM is preparing to spend $800M to fix — or possibly replace — batteries in nearly 70K Bolts due to a fire risk. @chrisidore says that $11,650 cost per vehicle makes it one of the most expensive recalls ever: https://t.co/P7uPm9EC1x $GM
— Matt Egan (@MattEganCNN)
August 5, 2021
GM apparently has not found a solution to the issue and is reportedly considering either repairing the batteries or replacing them.
The defect is so hazardous that GM recommends that people not park the vehicles in garages or near any structures.
If you or a loved one has suffered a serious injury due to someone else’s negligence, contact us today. We will lead you on the journey to justice. We will show you the way. We will explain the process, what we have done, and what we will do. Take our hand and walk with us. We have a team ready for you now.
Attorney John H. (Jack) Hickey and his team handle a wide range of cases, including but not limited to cruise ship accidents, admiralty and maritime accident cases, medical malpractice, wrongful death, premises liability, railroad accidents and car accidents. We represent victims from all over the nation, the world and the state of Florida.