GM recalled its Chevrolet, news by Hebei Longsheng metals and minerals co., ltd.
General Motors has recalled its Chevrolet Bolt electric vehicle after a series of battery fires linked to packs reportedly made by LG Chem in South Korea. Panjiva’s data shows that U.S. seaborne imports linked to LG Chem surged 103% higher year over year in the 12 months Oct. 31, though the recall covers models produced in 2017 – 2019. There’s been a cut back recently in LG Chem’s shipments from China which may reflect Hyundai’s recall of its Kona vehicle. Total U.S. seaborne import of lithium ion batteries climbed 49.0% higher in the three months to Oct. 31. Aside from LG Chem there was a 111% rise in shipments linked to Samsung SDI, which supplies BMW and Ford, where there have also been recalls. By contrast Panasonic’s shipments dropped 64.2% as Tesla brings its production of batteries in-house. By Hebei Longsheng Metals & Minerals Co,. Ltd. |