GM recalls some Chevy Bolt EVs due to potential for battery fires

/ / News

General Motors Co. said Friday it is voluntarily recalling some of its all-electric Chevy Bolts made between 2017 and 2019 following a Highway Traffic Safety Administration’s investigation into a few reports about “potential fires.” GM said it had already been investigating these reports in cooperation with NHTSA. The incidents appeared to surface when the vehicles were at or close to full charge, and GM is asking some owners to limit charge levels in some model years. Shares of GM kept their gains on Friday, looking to end the week 9% higher. The stock has gained 12% this year, compared with gains around 11% for the S&P 500 index.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.