GM and the Auto Industry Race to Extinguish Costly Battery Fires
A Chevrolet Bolt electric vehicle charging outside the company's headquarters in June 2018.
Photographer: Jeff Kowalsky/BloombergWelcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond.
With General Motors earnings this week came another early stumble in the race to electrification. The automaker said it took an $800 million hit for battery warranty and replacement costs for the Chevrolet Bolt.