General Motors and its partner, LG Energy Solution, agreed to a $150 million settlement with Chevrolet Bolt owners impacted by defective batteries for the vehicles. The payments range from $700 to $1,400 depending upon certain factors. Find out more at Headlight.News.
Although General Motors is slowing the cadence of its electric vehicle production, it’s not halting it altogether. That’s evidenced by the move to end production of the Chevy Malibu at its plant in Kansas to transition over to the next generation Bolt EV. Find out more at Headlight.News.
Fans of the Chevrolet Bolt have ridden a roller-coaster this year. Parent General Motors initially indicated the Bolt would go away as it switched to EVs based on its new Ultium platform, then said an all-new Bolt would return, also using that updated technology. Now, says GM, only the longer, SUV version, the Bolt EUV, will rejoin the line-up. That means buyers will have to say goodbye to the original 5-door hatchback Bolt EV, after all.
As part of the new deal with the UAW, General Motors committed to $13.3 billion in new investment during the life of the contract. One of those is a cheaper Chevrolet Bolt EV, union chief Shawn Fain revealed. Find out more at Headlight.News.