Valid claimants will receive their cut from the $150 Million Chevy Bolt Battery Defect Settlement Amount. People meeting the qualifying criteria will get their compensation as financial justice. This payment will be released against the claim that General Motors (GM) and LG Electronics failed to inform customers about the defective batteries in their electric vehicles.
If you have also faced the issue or have purchased or leased this vehicle between the defined time periods, then you will receive this settlement amount. So, go through the full information to understand the $150M Chevy Bolt Class Settlement. This can enable you to get your financial justice due to facing problems or not being informed about these issues.
$150M Chevy Bolt Battery Defect Class Action Settlement
Numerous people have purchased Chevrolet Bolt vehicles that are equipped the defective batteries with higher chances of causing fires. People who purchased or leased this vehicle model between 2017 and 2022 can get cut from the $150M Chevy Bolt Defect Class Action Settlement Amount to pay for their loss. So, people need to collect full information and identify the eligibility to become a valid claimant for this compensation.
Each valid claimant will get compensation from the GM and LG Electronics for their wrongdoing. It will help them to become valid claimants for this compensation against defective batteries. This article will explore a $150M Chevy Bolt Battery Defect Class Action Settlement that can provide some sort of financial justice for their loss and sue the company for wrongdoing.
$150M Chevy Bolt Battery Defect Class Action Settlement- Overview
| Article On | $150M Chevy Bolt Battery Defect Class Action Settlement |
| Country | USA |
| Department | Chevrolet Bolt |
| Beneficiary | Valid Claimants |
| Amount | $150 Million |
| Category | Finance |
| Official Website | boltevbatterysettlement.com |
$150 Million Chevrolet Bolt Class Settlement Eligibility
Affected consumers can get a compensation amount from the company for selling defective battery packs in electric vehicles. Therefore, people are in search of information that can help them understand the $150 Million Chevy Bolt Class Settlement Eligibility Criteria. You can go through the following statement to identify your eligibility to ensure whether you will get this payment or not.
- Applicant looking for settlement must be a resident of America.
- Applicant must have purchased or leased a Chevrolet Bold EV Model year 2017-2022 and can claim this compensation from the company.
- Applicant needs to file a claim application form to become a valid beneficiary for this $150M Chevrolet Bolt Class Settlement Amount.
- Applicants must not exclude themselves from this settlement.
Understanding the $150M Chevrolet Bolt Defective Battery Class Action Lawsuit
A large number of customers filed a lawsuit against the Chevrolet Bolt with an allegation of providing defective battery packs. Allegations include that the company chose financial gain over customer safety and implemented a software solution rather than replacing the defective battery pack. $150M Chevy Bolt Class Settlement got the preliminary approval by the court on September 26, 2024. According to resources, the company failed to protect people from getting an increased risk of injury due to battery fire.
Chevrolet Bolt has not accepted any wrongdoing but is willing to pay compensation to settle this Class Action lawsuit. People can get justice in the financial form that can enable them to receive the cut to which they are entitled. $150M Chevy Bolt Battery Defect Class Action Settlement Amount will be provided to people who fill out the claim application form. Courts final approval will allow to release the settlement amount. Till then, affected people need to wait to get their cut from this settlement amount.
$150 Million Chevrolet Bolt Settlement Per Claimant
Eligible people are looking to know the information regarding their cut from the settlement amount. $150 million will be distributed among the affected individuals as a financial justice. Therefore, claimants are looking to know their cut from $150 Million Chevy Bolt Class Settlement Amount. The valid claimants can get about $700 per claimant after excluding all the necessary charges. This payment is compensation against the defective batteries and will be released after the final approval.
$150M Chevy Bolt Settlement Claim Deadline
Affected people need to ensure that they fill out the claim application form to become a valid beneficiaries for this compensation. If you fail to fill out the $150M Chevy Bolt Class Settlement Claim Application Form, then you will not become a valid claimant for this compensation.
Therefore, people want to know the last date to fill out the claim application form and become valid claimants for this payment. So, people need to know that February 24, 2025, is the last date to fill out the $150 Million Chevy Bolt Compensation Application Form and become a valid beneficiary. This deadline will decide whether you will get compensation for your loss or not.
$150M Chevrolet Bolt Class Settlement Important Dates
Affected Chevrolet Bolt customers may be looking to know about important dates related to this settlement. This can allow understanding of different events relevant to this $150M Chevy Bolt Class Compensation Amount according to dates. So, you need to know those important dates which are discussed following.
| $150M Chevrolet Bolt Important Dates | Explanation |
| February 24, 2025 | Claim Application Deadline to become valid claimants for this compensation amount. |
| February 24, 2025 | It is the deadline to exclude yourself from the $150 Million Chevy Bolt Class Action Settlement. |
| January 24, 2025 | This is the deadline to object to the terms of settlement by writing to the court or council. |
| January 24, 2025 | This is the date for the final hearing in the court. |
| Official Website | Click Here |
| Homepage | KeralaCoBank.Com |
Samarth Choudhary is a Chief Editor at keralacobank.com. He has overall editorial experience of 10 years in online media. He has completed his graduation from University of California and masters in Finance from University of Dallas in year 2010. His major interest and expertise is in Finance, Taxes, Government Aid and Schemes. His Major focus is to help users to get relevant information which are published on keralacobank.com in easy and precise form.