Chevy Bolt owners must choose between kickbacks and battery defect lawsuits – TechCrunch

Chevrolet offers rebates bolt electric car new car owner 2023 price cutsbut this discount brings a great deal. Yalopnik and automatic blog Note that kickback claims require drivers to “forever waive and release” their right to sue GM or LG Battery defect reported by BoltIn other words, even if the car is badly damaged, you have to settle for the savings. GM confirmed the protocol language with Engadget.

General Motors first recall The Bolt was launched in November 2020 after reports of battery fires between 2017 and 2019. The automaker tried to fix the problem with a software update in April 2021, but two subsequent fires and a second recall led to NHTSA Warning against parking indoors. This prompted GM’s July 2021 recall Replaced battery packThe brand eventually recalled all the bolts it made, pledging to pay an additional $1 billion for battery replacements and an eight-year, 100,000-mile warranty on replacement batteries.

The company has since used financial incentives to regain trust.It slashed the price of the Bolt EV and Bolt EUV by $5,900 to $6,300 and offered comparable rebate To those who bought 2020, 2021 and 2022 models this year. The exact rebate amount depends on the model year and trim level.

as Yalopnik Explains that this isn’t the first time GM has used legal agreements to protect its reputation. Cadillac Lyriq Buyers will get a $5,500 discount if they agree not to talk about electric SUVs, as well as buyers of high-end vehicles like the Hummer EV void their warranties If they flip their vehicle within a year. This latest move, however, is likely to be the most worrisome — the kickback amounts to a legal settlement rather than a good-faith offer.

Editor’s Note: This article originally appeared on small tools.

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