LG Chem Recalls Home Battery Systems After Reports of Fires (2)

LG Chem Ltd. is voluntarily recalling some models of its home energy storage batteries in the U.S. over concerns they could overheat and start fires.

The South Korean industrial giant is working with the U.S. Consumer Product Safety Commission on the recall after the company received reports of five fires with its battery systems that caused limited property damage and no injuries, according to a recall notice seen by Bloomberg.

LG Energy Solution Co., formed this month after LG moved to split off its energy storage and electric-vehicle battery business, is working with related companies to determine the cause, it ...