General Motors urged some owners of Chevrolet Bolt electric cars to park and store the vehicles at least 50 feet away from other cars to reduce the risk that a spontaneous fire could spread. The Detroit automaker has recalled all of the roughly 142,000 Bolts sold since 2016 because the battery can catch on fire.
GM has taken a $1.8 billion charge so far for the cost of the recall and has been buying cars back from some disgruntled owners. The company expects to recoup much of the cost from battery supplier LG Corp.
Read Article