Understanding the $150M Chevy Bolt Battery Defect Class Action Settlement: General Motors (GM) and LG Electronics have agreed to a $150 million settlement to address claims that Chevrolet Bolt EVs were equipped with defective LG batteries that posed a fire hazard. Although neither company admitted fault, they chose to settle to compensate affected owners and lessees.
This settlement applies to individuals who bought or leased a 2017-2022 Chevrolet Bolt EV that was manufactured and delivered to a dealership on or before August 19, 2021.
Overview Table of the 150M Chevy Bolt Battery Defect Class Action Settlement
Criteria | Details |
Total Settlement Fund | $150 million |
Eligible Vehicle Models | 2017-2022 Chevrolet Bolt EV |
Eligibility Requirements | Built and delivered before August 19, 2021 |
Maximum Payout | $2,100 |
Battery Replacement Payment | $700 |
Software Fix Payment | $1,400 |
Claim Deadline | February 24, 2025 |
Final Settlement Hearing | March 25, 2025 |
Claim Administrator Contact | admin@BoltEVBatterySettlement.com , 888-726-1650 |
Settlement Website | BoltEVBatterySettlement.com |
Who is Eligible for the 150M Chevy Bolt Battery Defect Class Action Settlement?
To receive the compensation of this class action lawsuit, you must meet the following criteria:
- Purchased or leased a 2017-2022 Chevrolet Bolt EV
- The vehicle must have been built and shipped before August 19, 2021
- Proof of ownership, such as vehicle registration, title, lease contract, or a valid government-issued ID, is required
Compensation Breakdown in the 150M Chevy Bolt Battery Defect Class Action Settlement
Eligible claimants will receive payments based on the type of remedy their vehicle received:
- $700 Payment: Available for those whose vehicles qualified for a battery replacement. Past owners and lessees can also claim this if their vehicle became eligible for a software fix after they sold or ended their lease.
- $1,400 Payment: For those whose vehicles received a software remedy instead of a battery replacement.
- Up to $2,100: Maximum compensation available under the settlement.
- Additional Benefits: GM will provide an advanced diagnostic tool to monitor battery performance and detect issues.
How to File a Claim for the 150M Chevy Bolt Battery Defect Class Action Settlement
Neither business acknowledged their mistakes, but they decided to reach a settlement to reimburse the impacted owners and lessees. The 2017–2022 Chevrolet Bolt EV that was manufactured and delivered to a dealership on or before August 19, 2021, is covered by this settlement for anyone who purchased or leased one.
To obtain compensation, follow these steps:
- Collect Necessary Documents: Proof of purchase such as vehicle registration, title, lease contract, or government-issued ID.
- Complete the Claim Form: Ensure accuracy while filling out the form.
- Submit Before the Deadline: The final date for claim submissions is February 24, 2025.
- Await Review and Payment: Once your claim is verified, payments will be disbursed accordingly.
Important Dates to Remember
Recognizing the Settlement of the 150M Chevy Bolt Battery Defect Class Action: In response to allegations that Chevrolet Bolt EVs were fitted with faulty LG batteries that presented a fire risk, General Motors (GM) and LG Electronics have reached a $150 million settlement.
- Objection Deadline: January 24, 2025
- Exclusion Deadline: February 24, 2025
- Claim Submission Deadline: February 24, 2025
- Final Settlement Hearing: March 25, 2025
Contact Information for the Settlement Administrator
Chevy Bolt Battery Litigation Settlement Administrator
P.O. Box 301134
Los Angeles, CA 90030-1134
Email: admin@BoltEVBatterySettlement.com
Phone: 888-726-1650
If you believe you qualify, don’t delay in submitting your claim and securing the compensation offered under the 150M Chevy Bolt Battery Defect Class Action Settlement.
Conclusion
The 150M Chevy Bolt Battery Defect Class Action Settlement provides financial compensation and enhanced safety measures for affected Chevrolet Bolt EV owners. If you meet the eligibility criteria, ensure you submit your claim before the February 24, 2025, deadline to receive your entitled benefits.
For additional information, visit the official settlement website or reach out to the settlement administrator.