GM Volt Fire Said to Prompt U.S. Probe of Lithium Batteries

- November 11th, 2011

Bloomberg reported that the U.S. auto-safety regulators are reviewing the safety of lithium-ion batteries after a General Motors Co. (NYSE:GM) Chevrolet Volt caught fire.

Bloomberg reported that the U.S. auto-safety regulators are reviewing the safety of lithium-ion batteries after a General Motors Co. (NYSE:GM) Chevrolet Volt caught fire.

As quoted in the market news:

The regulators have asked automakers, including GM, Nissan Motor Co. and Ford Motor Co., that sell or have plans to sell vehicles with lithium-ion batteries about the batteries’ fire risk, four people familiar with the inquiry said.

Click here to read the full Bloomberg report.

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