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Chevy Bolt owners could receive $1,400 compensation from GM for nerfed batteries

Photo by Andrew J. Hawkins / The Verge

Chevy Bolt owners might have the option to receive a $1,400 payout from GM as compensation for dealing with the cars’ defective EV batteries that required a software range limiter to prevent them from catching fire.

As reported by Engadget, the new offer from GM comes as the company deals with a class action lawsuit stemming from two Bolt recalls that, over time, grew to include nearly every model ever released.

To qualify for the offer, owners must install a “final remedy” software update on their Bolt through a Chevy dealership by December 31st, 2023. Owners will get a letter that grants them access to a web form to accept the money in the form of a Visa e-gift card.

However, it’s not without strings attached. According to the terms…

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