General Motors (NYSE:GM-5.4%) says production has started back up again on the battery modules used in recalled Chevrolet Bolt electric vehicles. The automaker says customers could start getting replacement parts by the middle part of October.
As part of its effort to restore confidence in the Bolt EV, the automaker is introducing new advanced diagnostics software designed to detect specific abnormalities that might indicate a damaged battery by monitoring the battery performance and alerting customers of any anomalies. GM thinks the added diagnostic software will allow customers to return to a 100% state of charge once all diagnostic processes are complete.
More than 140K Bolts are covered by the battery recall, which is expected to cost about $1.8B. GM plans to continue to negotiate with LG Chem over who will pay for the recall.