General Motors Recalls 140,000 Chevrolet Bolt EVs Over Fire Risk

General Motors Company GM has recalled 140,000 Chevrolet Bolt EVs in North America over fire risk.
The Bolt EVs carpet, Reuters reported, ran the risk of catching fire in case of a crash where a front seat belt pretensioner deploys.
This happens when the seatbelt pretensioner exhaust gases come in contact with the car's floor carpeting.
The recall covers Chevrolet Bolt EV vehicles of 2017 through 2023 models.
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The report specified that about 120,000 U.S. vehicles and 20,000 Canada vehicles are affected by the recall.
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Price Action: GM shares are trading higher by 1.02% at $35.56 in premarket on the last check Wednesday.
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