GM, LG set up USD 150 million fund for Chevrolet Bolt EV owners with faulty batteries
On May 16, General Motors and South Korea's LG Energy Solution reached a settlement to establish a USD 150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, according to documents filed in a U.S. court in Michigan’s eastern district.
GM first launched Chevrolet Bolt EV in 201