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GM issues new recall for nearly 69,000 Bolt EVs for fire risks

GM issued a new recall for nearly 69,000 Bolt EVs for fire risks. Yahoo FInance Live breaks down the details and what this means for the car manufacturer.

Video Transcript

- Let's also have another headline here. Some news this morning coming out. General Motors Julie company announcing a recall for some of its bolts.

- Yeah. This is the second recall by the way the 2017 to 2019 Chevy Volt. And you know, some headlines earlier raised some-- some eyebrows perhaps wasn't a recall.

But remember, we got that Warning from GM, where they said if you have a volt, don't Park it inside or charge them unattended overnight. Just like OK. Remember that was your reaction. I remember Miles to this.

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Well, now, they've issued a recall because there is higher risk for this. There were apparently at least two of them that were repaired because of problems related to fires.

So again, the second recall. 69,000 vehicles of the cars globally. 51,000 in the United States. So apparently, there is what they're calling a second quote rare manufacturing defect. That increases the risk of fire with these.

This is like the, you know, don't put your laptop in the chat baggage. It's like the laptop is sitting right here in front of you. How dangerous could it be in the cargo hold. But you know, batteries.

- I hope you don't find out because I enjoy sitting next to--

- Well, right. That you're supposed to put in the overhead. I mean, I love that. I love that guidance.

Put your laptop in the overhead. Because if it catches fire, it's easier to put it out in the overhead bin. Than obviously to the cargo hold, you got to land the plane.

- I'm sitting on my desk.

- When-- when they say don't charge the battery unattended, you're going to have big problems. And so the recall obviously. The natural evolution.