General Motors and battery supplier LG Energy Solution have reached a proposed $150 million settlement that would give owners of Chevrolet Bolt EVs recalled for defective batteries up to $1,400.

It’s been a few years since General Motors recalled the Chevy Bolt for battery fire risks, but it’s taken until now for the automaker and its battery supplier to reach an agreement on who ...

GM used LG-manufactured batteries in its Chevrolet Bolt EVs. Following a few fire complaints in some vehicles, the automaker recalled around 141,000 vehicles between late 2020 and 2021.

General Motors Co (NYSE:GM) and South Korea’s LG Energy Solution along with LG Electronics have reportedly agreed to establish a $150 million fund to support Chevrolet Bolt EV owners impacted by ...

General Motors and South Korea's LG Energy Solution reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents ...

General Motors and LG are establishing a $150 million fund to compensate Chevrolet Bolt owners after a faulty battery caused some of the electric vehicles to burst into flames. The $150 million is ...

Owners who sold or terminated their vehicle lease before the software remedy became available will receive a minimum $700, as ...

As GM Authority extensively covered, the Chevy Bolt EV and Chevy Bolt EUV were subject to various recalls and buy-back programs due to battery issues. With this in mind, General Motors and LG have ...

, opens new tab and South Korea's LG Energy Solution (373220.KS) , opens new tab, LG Electronics (066570.KS) , opens new tab reached a settlement to establish a $150 million fund to provide relief ...

It’s been a few years since General Motors recalled the Chevy Bolt for battery fire risks, but it’s taken until now for the automaker and its battery supplier to reach an agreement on who should pay ...

General Motors Company GM and LG Energy Solution have agreed to establish a $150 million relief fund for Chevrolet Bolt EV owners affected by faulty batteries. GM used LG-manufactured batteries in ...