Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
General Motors is recalling about 140,000 units of its Chevrolet Bolt electric vehicles in North America. The automaker said the affected units need to be fixed as the installed carpet may catch fire following a crash.
It is the part where the front seat belt pretensioner is placed. As per Reuters, General Motors announced this week that its latest recall affects Chevrolet Bold EVs with model years from 2017 to 2023.
The company further explained that the fire risk is because of the rare case where the front seatbelt pretensioner expelled gases that are coming in contact with the floor carpeting fibers after a car crash. This situation may cause a fire thus, it has warned customers about the possibility. The recall of Chevy Bolts affects 120,000 units in the United States and 20,000 cars in Canada.
It was reported that there is another defect that could also cause a fire, and this one involves the battery cell. The automaker said that in this case, the LG battery module is the main culprit of fires.
RTT News reported that General Motors will be replacing the defective lithium-ion battery modules used in Chevrolet Bolts electric vehicles and electric utility vehicles with new lithium-ion modules. GM will notify the owners when replacement parts become available.
Once they are ready, owners can call up General Motors to schedule an appointment for the repairs. They can choose the nearest authorized Chevrolet EV dealer for the replacement.
Chevrolet also notified owners of the Bolt EV and EUV about the latest software update. This will allow drivers to draw out the parking and overnight charging limitations on their units. The software update is also done through an appointment with a dealer.
Finally, while waiting for the software update, owners are urged to set their EVs to a 90% state of charge limitation through Hilltop Reserve mode for 2017-2018 models or target charge levels for those with 2029-2022 models.
