Owners of recalled Chevy Bolt models can get $1,400 after updating to a software final remedy that reduces range. Accepting the compensation means owners can’t sue or join future class action lawsuits over battery issues.
Chevy Bolt owners might have the option to receive a $1,400 payout from GM as compensation for dealing with the cars’ defective EV batteries that required a software range limiter to prevent them from catching fire. As reported by Engadget, the new offer from GM comes as the company deals with a class action lawsuit stemming from two Bolt recalls that, over time, grew to include nearly every model ever released.
” Should the upcoming class action settlement amount exceed the $1,400 payout from GM, owners can get the difference on top of the initial agreement. Older Chevy Bolt models that were made from 2017 to 2019 were initially provided “fixes” in 2021 to keep the vehicles from catching fire, but it did not work. An entirely different battery issue cropped up in 2020, during which time at least 19 Bolts caught fire with full batteries.
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