Home » Lifestyle » US agency opens probe into electric vehicle batteries
US agency opens probe into electric vehicle batteries
How to invest in autos without investing in auto companies
GraniteShares founder and CEO Will Rhind reveals two commodities investors should consider on ‘The Claman Countdown.’
DETROIT — U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls due to possible defects that could cause fires or stalling.
GENERAL MOTORS AND HONDA TO BUILD MORE ELECTRIC VEHICLES TOGETHER
The National Highway Traffic Safety Administration says the probe covers more than 138,000 vehicles with batteries made by LG Energy Solution of South Korea.
General Motors, Mercedes-Benz, Hyundai, Stellantis and Volkswagen have issued recalls since February of 2020, most due to internal battery failures that can increase the risk of fires.
GENERAL MOTORS CO.
MERCEDES-BENZ GROUP AG
HYUNDAI MOTOR CO. LTD.
The agency says it will write to LG and other companies that might have bought similar batteries to make sure recalls are being done when needed. Messages were left Tuesday seeking comment from LG Energy Solution.