GM and LG Energy Solution create $150M relief fund for Chevrolet Bolt EV owners with defective batteries, resolving class action litigation.
GM and LG Energy Solution agreed on a $150M relief fund for Chevrolet Bolt EV owners with defective batteries, resolving class action litigation. Bolt EV owners who installed the latest diagnostic software by Dec 31, 2023 can receive up to $1,400, while those who sold or leased before the software remedy can receive a minimum $700. This comes after GM halted Bolt production in 2021 due to battery fire risks.
May 17, 2024
5 Articles