$150M Chevy Bolt Settlement 2025: If you purchased or leased a 2017–2022 Chevrolet Bolt EV, you could be entitled to a cash payment of up to $1,400 as part of a $150 million class action settlement involving General Motors (GM), LG Chem, and LG Electronics. This settlement resolves legal claims tied to alleged battery defects that increased the risk of fire in affected Bolt EVs. The lawsuit claimed that certain Chevrolet Bolt models were equipped with lithium-ion battery packs containing manufacturing defects, which caused a number of vehicles to spontaneously catch fire—even when parked. To address this risk, GM issued several recalls, paused vehicle production, and partnered with LG to find a permanent remedy. Now, eligible owners and lessees may finally receive financial compensation.
$150M Chevy Bolt Settlement 2025
The Chevy Bolt EV settlement represents a meaningful opportunity for affected consumers to receive financial relief after years of recalls, safety concerns, and inconvenience. If you meet the eligibility requirements, it’s critical to gather your documentation and submit your claim before the May 15, 2025 deadline. Whether you’re still driving your Bolt or you returned it years ago, it’s worth checking to see if you’re entitled to a payout.
| Feature | Details |
|---|---|
| Settlement Amount | $150 million |
| Eligibility | 2017–2022 Chevrolet Bolt EVs built and shipped on or before August 19, 2021 |
| Compensation | Up to $1,400 per vehicle |
| Deadline to File Claim | May 15, 2025 |
| Exclusion Deadline | February 24, 2025 |
| Objection Deadline | January 24, 2025 |
| Final Approval Hearing | May 19, 2025 |
| Official Website | https://www.boltevbatterysettlement.com |
Background: Why the Settlement Happened
GM’s Chevrolet Bolt EV was a promising electric vehicle when launched in 2017. But starting in 2020, disturbing reports emerged of some vehicles catching fire due to overheating batteries. GM, after extensive investigation, determined that battery cells supplied by LG Chem and LG Electronics were prone to two specific defects that—when present simultaneously—could result in fires.
In response, GM issued multiple recalls, eventually covering every 2017–2022 Bolt EV manufactured before August 19, 2021. GM committed to either replacing defective battery modules or installing diagnostic software (known as the “Software Final Remedy”) designed to detect and prevent problems before they led to overheating or fire.
Despite these efforts, affected consumers pursued legal action. This $150 million settlement aims to compensate owners and lessees for the inconvenience, safety risks, and loss of vehicle use during extended repair periods.
Who Is Eligible for the Chevy Bolt Settlement?
To qualify for a payout, you must meet all of the following conditions:
- You purchased or leased (new or used) a 2017–2022 Chevrolet Bolt EV.
- Your vehicle was built and shipped to a dealer on or before August 19, 2021.
- You did not receive a full buyback from GM or one of its authorized dealers.
- You are a current or former U.S. resident who owned or leased the vehicle during the relevant time period.
If you no longer own the vehicle, you might still be eligible if it became eligible for a remedy after you sold or returned it. However, if your Bolt was part of GM’s official buyback program, you are not eligible for this settlement.
How Much Money Can You Get?
The cash payout varies depending on what type of fix your vehicle received and when:
$1,400 Payout
- If your Bolt received the Software Final Remedy from a GM-authorized dealer on or before December 31, 2023.
$700 Payout
- If your Bolt received or was eligible for a full battery replacement under the recall program.
- If you sold or returned your Bolt before receiving a remedy.
If the vehicle had multiple owners or lessees during the affected period, the compensation may be split proportionally among them based on the time each party owned or leased the vehicle.
How to File a $150M Chevy Bolt Settlement 2025 Claim?
To receive your compensation, you must submit a valid claim by the deadline:
- Deadline to File: May 15, 2025
Here’s what you’ll need to provide:
- Vehicle Identification Number (VIN)
- Proof of Ownership or Lease – Examples include registration, lease agreements, or title.
- Government-Issued Photo ID
- Date of Software or Battery Remedy (if applicable)
Submit Your Claim:
Visit the official website: https://www.boltevbatterysettlement.com
You can file online or by downloading and mailing the claim form.
Legal Dates to Remember
- Objection Deadline: January 24, 2025
- Exclusion (Opt-Out) Deadline: February 24, 2025
- Final Approval Hearing: May 19, 2025
- Claim Deadline: May 15, 2025
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Frequently Asked Questions (FAQs)
1. What if I already received a GM buyback for my Bolt?
You are not eligible for any compensation under this settlement if your vehicle was bought back by GM or an authorized dealer.
2. Do I need to still own the vehicle to qualify?
No. Former owners or lessees may still qualify, especially if the remedy was not available before they sold or returned the vehicle.
3. What is the Software Final Remedy?
This is a GM-installed software update that continuously monitors your Bolt’s battery for defects. It ensures any problem is detected early before it becomes a fire hazard.
4. When will I get my payment?
Payments will begin after the court gives final approval and any appeals are resolved. This could be several months after the May 2025 hearing.
5. Can I object to the settlement?
Yes. If you believe the settlement is unfair, you can file an objection by January 24, 2025.
