GM launched the Chevrolet Bolt EV in 2015, using batteries made by LG as part of a strategic partnership between the two companies. GM started issuing...
- General Motors and South Korean battery firm LG Energy Solution reached a settlement to establish a $150 million fund to provide monetary relief to Chevrolet Bolt EV owners who were affected by defective batteries , documents filed in a U.S. court on Thursday showed.
Owners of the recalled Bolt EVs who installed the final software remedy at a GM-authorized dealership before Dec. 31, 2023 may receive up to $1,400 in the form of a Visa eReward card, according to documents filed with Michigan eastern district court.Owners who sold or terminated the lease of their vehicle before the software remedy became available will receive a minimum $700 payment, according to the filing.Last year, GM ended production of the Bolt EV to make room for new electric vehicles.
Stellantis boss slams Biden’s 100% tariff on Chinese EVs, just as he plans to start selling them: ‘Whether I like it or not they are grabbing share’TANGIERS, Morocco — A train that travels from rural northern Morocco to a port on the Mediterranean Sea carries no passengers. Three times a day, it brings hundreds of cars stacked bumper to bumper from a Renault factory outside Tangiers to vessels that transport them to European dealerships.
Chevrolet Bolt EV Defective Batteries LG Energy Solution Monetary Relief
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