Chevy Bolt owners are eligible for settlement checks as a part of a $150 million class-action settlement with General Motors and South Korean commercial workforce LG over faulty batteries.
According to paperwork filed in a Michigan courtroom Thursday, Bolt EV owners who put in instrument ahead of Dec. 31, 2023 that were designed to repair the battery factor can be eligible to receive a test for up to $1,400. Customers who offered their Bolt or terminated their rentals ahead of the instrument treatment was once launched — or ones who won a alternative battery — will receive a $700 test at minimal.
“GM, LG Energy Solution and LG Electronics have agreed to a settlement with plaintiffs to resolve class action litigation related to the Bolt EV battery recall,” GM mentioned in an emailed commentary to Reuters.
“As a result, Bolt owners who received a battery replacement or who have installed the latest advanced diagnostic software may qualify for compensation,” the corporate mentioned.
GM started recalling Bolt EVs after receiving a couple of proceedings concerning the LG-branded batteries catching hearth.
The recall effort in the end price GM just about $2 billion.
