If you bought or leased a Chevy Bolt EV from 2017 to 2022, there’s some potentially good news coming your way. A $150 million settlement has been reached between GM, LG Chem, and LG Electronics after years of complaints about faulty batteries that posed a fire risk.
This legal win could mean a cash payment of up to $1,400 for qualifying owners and lessees—but only if you act before the May 15, 2025 deadline.
Background
Let’s rewind a bit. The Chevy Bolt EV was supposed to be GM’s breakthrough in the electric vehicle market. But around 2020, reports started surfacing about these cars catching fire—even when parked.
Investigations pointed to manufacturing defects in the lithium-ion battery packs made by LG. This kicked off a wave of recalls, software updates, and eventually, a full-blown class action lawsuit.
The good news? GM and LG agreed to settle, putting $150 million on the table to compensate those who were impacted. If you owned or leased a Bolt EV built before August 19, 2021, you might be on the list.
Eligibility
Wondering if you’re eligible? Here’s the breakdown:
- You bought or leased a 2017–2022 Chevy Bolt EV
- Your vehicle was built and shipped on or before August 19, 2021
- You didn’t receive a full GM buyback
- You’re a current or former U.S. resident who had the vehicle during the qualifying period
Even if you sold or returned your Bolt, you could still qualify—just as long as it hadn’t been officially bought back by GM.
Compensation
Let’s talk money. How much you get depends on the remedy your vehicle received and when. Here’s a simple breakdown:
| Situation | Payout |
|---|---|
| Received Software Final Remedy by 12/31/2023 | $1,400 |
| Got full battery replacement or sold car early | $700 |
If your vehicle had multiple owners or lessees, that money might be split based on how long each person had the car. So don’t assume the full amount unless you were the sole driver throughout.
Filing
To get your share, you’ll need to submit a claim by May 15, 2025. It’s a straightforward process, but you do need a few documents:
- VIN (Vehicle Identification Number)
- Proof of ownership or lease (like a registration or title)
- Photo ID
- Proof of the fix (if applicable)
How to File
Go to www.boltevbatterysettlement.com. You can file online, or download a paper form and mail it in. Just don’t wait too long—this deadline is hard and fast.
Deadlines
Here are the key dates to remember:
| Event | Date |
|---|---|
| Objection Deadline | Jan 24, 2025 |
| Exclusion (Opt-Out) Date | Feb 24, 2025 |
| Final Approval Hearing | May 19, 2025 |
| Claim Filing Deadline | May 15, 2025 |
This means if you want to raise objections or exclude yourself, you’ve got some homework to do well before the main deadline. And if you do nothing? You might miss out entirely.
This Chevy Bolt settlement is a chance to finally be compensated for the frustration and risk that came with owning one of these recalled vehicles. If you qualify, don’t leave this money on the table.
Take a few minutes, gather your paperwork, and file your claim before time runs out.
FAQs
Who qualifies for the Bolt settlement?
Anyone who leased or bought a 2017–2022 Bolt EV built before Aug 19, 2021.
How much can I get from the settlement?
You could get up to $1,400, depending on your vehicle’s repair status.
Where do I file my Chevy Bolt claim?
At www.boltevbatterysettlement.com, either online or by mail.
When is the claim deadline?
You must file your claim by May 15, 2025 to be eligible.
What documents do I need to file?
VIN, proof of ownership/lease, ID, and repair proof (if applicable).
