$150M Chevy Bolt Settlement Announced – Know If You’re Eligible for a Cash Payout

If you owned or leased a 2017–2022 Chevy Bolt EV, there’s some good news waiting for you. A $150 million settlement has been announced to compensate drivers affected by battery defects that led to fire risks, vehicle recalls, and plenty of frustration.

If your car was eligible for a battery replacement or received a software fix, you could claim between $700 and $1,400 in cash. But there’s a deadline: April 24, 2025.

Let’s break it all down so you know exactly how to claim your piece of the pie—and what this means for EV owners everywhere.

Background

It all started when Chevy Bolt owners reported battery fires, prompting GM to issue multiple recalls. The problem? Defective battery cells made by LG. These issues forced owners to limit their charging, park outside, and wait for battery replacements or software fixes. It wasn’t just a minor inconvenience—it affected safety, resale value, and daily usability.

Eventually, lawsuits piled up, and GM, along with LG Electronics, agreed to this massive $150 million settlement to compensate affected owners and lessees.

Actions

GM didn’t sit still. Once the problem was confirmed, they took several steps to manage the crisis:

• Rolled out full battery replacements for high-risk vehicles.
• Pushed software updates to monitor and limit charging for safety.
• Temporarily stopped Bolt EV production.
• Offered guidance for safer use while waiting for fixes.

Despite those efforts, many Bolt drivers felt shortchanged—especially those who only received software updates instead of full battery replacements. That’s where this settlement steps in.

Eligibility

Wondering if you qualify? Here’s who gets a piece of the settlement:

• You owned or leased a 2017–2022 Chevy Bolt EV.
• The vehicle was built and shipped on or before August 19, 2021.
• Your Bolt received either a battery replacement or a software remedy under the recall.

Good news: Even if you no longer own the vehicle, you could still be eligible—if your car was eligible for a fix after you sold or returned it.

Payouts

Let’s talk numbers. Here’s how the compensation breaks down:

Remedy Type	Compensation
Battery Replacement	$700
Software Remedy Only	$1,400

Why the difference? The software fix didn’t restore full functionality or range, so GM is offering more to those owners.

Some drivers could even get more if they experienced long delays, unusable vehicles, or major inconveniences during the recall mess.

Filing

Don’t wait till the last minute. Here’s how to file:

1. Gather Your Docs
   You’ll need:
   • Proof of ownership or lease
   • Government-issued photo ID
   • Any service or recall documents (if available)
2. Go to the Website
   Head to BoltEVBatterySettlement.com to complete your claim online or download the form to mail in.
3. Mind the Deadline
   • Submit your claim by April 24, 2025
   • Opt out or object by January 24, 2025
   • Final approval hearing: May 25, 2025

Impact

This case has opened eyes across the EV world. It’s not just about compensation—it’s about trust. When an EV fails due to battery issues, it raises bigger questions about safety, technology, and how quickly automakers respond.

GM’s response showed accountability, but it also highlighted how much ground the industry still has to cover when it comes to battery reliability and customer support.

This settlement sets a precedent. Automakers can’t afford to ignore defects or delay action—because consumers are watching, and they’re ready to fight back.

If you’re eligible, don’t let this pass you by. Get your documents together, file your claim, and secure the payout you deserve. After everything you’ve dealt with, it’s time to get something back.

FAQs