Tag Archives: lg chem.

NHTSA Keeps Chevrolet Volt Battery Fire Probe Open

GM said this morning that it was “optimistic” that no recall would be required, a politically sensitive issue since the federal government, which NHTSA is part of, still holds a large 27% stake in GM. For GM’s part, a safety recall is arguably more damaging to the reputation of the Volt than the proposed customer service action. Last year Chevrolet sold 7,671 Volt models , which cost more than $40,000 without taxpayer subsidies to its mostly rich buyers, another political controversy in itself. Continue reading

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General Motors Licenses Argonne Developed Battery Technology. Taxpayers Are Also Subsidizing the Koreans!

General Motors and the U.S. Department of Energy’s Argonne National Laboratory said today they have reached a worldwide licensing agreement to use a battery technology that lasts longer and can accept higher charging voltages. The U.S. Government also announced that … Continue reading

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