Chevy Bolt owners must choose between discounts and battery defect lawsuits.

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Chevy Offers Discounts Bolt EV owners who bought their cars shortly before Price cuts for 2023 modelsbut this discount comes with a big catch. Yalopnik as well as Autoblog note that the discount app requires drivers to “permanently waive and vacate” their right to sue GM or LG over Bolt Battery Defect Reported. In other words, you’ll have to settle for savings even if the car does some serious damage. GM has confirmed the language of the agreement with Engadget.

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grandmaster first remembered Bolt in November 2020 following reports of battery fires between 2017 and 2019. The automaker attempted to address the issue with a software update in April 2021, but two subsequent fires and a second recall resulted in the NHTSA warn against indoor parking. This prompted a recall in July 2021 when GM replaced batteries. The brand eventually recalled all bolts it produced, promised an additional $1 billion in battery replacements, and offered an eight-year, 100,000-mile warranty on replacement batteries.

The company has since used financial incentives to restore confidence. He dropped the price of the Bolt EV and Bolt EUV from $5,900 to $6,300 and offered comparable discounts people who bought 2020, 2021 and 2022 models this year. Exact rebate amounts vary by model year and trim level.

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As Yalopnik explained that this is not the first time that GM has used legal agreements to protect its reputation. Cadillac Lyric buyers were offered a $5,500 rebate if they agreed not to talk about problems with the electric SUV, but buyers of high-end vehicles such as the Hummer EV. void their warranties if they turn their cars over within a year. However, this last step can easily be the biggest concern – the discount represents a legal settlement, not a kind offer.

Editor’s note: This article originally appeared on Engadget.


Credit: techcrunch.com /

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