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More than 69k Chevrolet Bolt electric vehicles reported to have fire risks


More than 69k Chevrolet Bolt electric vehicles reported to have fire risks
Last week General Motors and National Highway Traffic Safety Administration (NHTSA) regulators urged electric vehicle owners to park their cars far from their homes. On Friday GM issues a recall for nearly 69,000 Chevrolet Bolt electric vehicles, reported having fire risks. The recall comes after there were two fire reports.
Image credits- InsideEVs
This is the second time General Motors is issuing a recall for the EV Bolts. The fix had been applied and yet they are calling for another fix. They announced last week, asking Chevrolet Bolt owners to no leave the car unattended while charging and asked them to not charge their cars at home. It is a difficult situation for car owners to stay up all night and not charging their cars from home. This second fix is expected to be able to fix the issue. GM says that they will replace battery modules after a potential dealer inspection. Replacement for on ....

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Kumho Petrochemical undergoes third-generation succession


Posted : 2021-07-06 08:57
By Kim Hyun-bin
Kumho Petrochemical may be starting to undergo a generational succession after Group Chairman Park Chan-koo stepped down from his positions as CEO and board member of the group s core affiliate. Industry watchers believe a succession is starting to take place as the chairman s children are moving swiftly up the ranks within the conglomerate.
However, there is a key obstacle standing in the way of the transition: although shareholders have backed the chairman to maintain management control, his nephew, Park Chul-wan, led the so-called nephew s revolt earlier this year.
Chul-wan is the son of late Kumho Group Chairman Park Jeong-koo, who was the older brother of current Chairman Park Chan-koo. ....

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FOCUS-Hyundai wrestles with the risks of embracing Apple


5 Min Read
SEOUL/SAN FRANCISCO, Jan 29 (Reuters) - Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract manufacturer for the U.S. tech giant, dimming the outlook for a deal.
Hyundai said earlier this month it was in preliminary talks with Apple, but gave no details. Local media said the firms were discussing an electric car and battery tie-up.
Apple declined to comment.
Apple has never acknowledged talks with the automaker about building vehicles, and it was unclear whether any such talks are still active. The iPhone maker typically insists on strict secrecy from its potential partners and suppliers about future plans or unreleased products. ....

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