GM Offers Chevy Bolt Owners $1,400 For Dealing With Software-Limited, Fire-Prone Batteries (electrek.co) 36
Jameson Dow reports via Electrek: As the latest step in the saga of recalled Chevy Bolts, GM is offering owners of '20-'22 Bolts early payment of $1,400 of an anticipated class action settlement in exchange for installing a piece of diagnostics software that the company says will detect whether batteries require a full replacement. [...] In June, GM announced that it would stop replacing 2020-2022 Chevy Bolt Batteries and would instead verify the integrity of the battery with software over a period of 6,200 miles in which Bolt owners were only allowed to charge their batteries to 80% or ~207 of the original EPA's 259-mile range. GM replaced most batteries on '17-'19 Bolts but then ended up offering software diagnostics instead of battery replacements to many '20-'22 model year Bolts. GM says that the software will detect which batteries actually require a fix, but the software requires 6,214 miles/10,000 km worth of driving to detect these problems, during which time charging must be limited to 80%.
This left many customers aggrieved at being promised a new battery and not receiving it, and further, at needing to wait some number of months with restricted charging before receiving a solution. Or, in the case of low-mileage customers, that 6,214 miles might even take years -- which brings up a conflict with GM's insistence that the diagnostic period be finished by March 31, 2025, in order to qualify owners for an extended warranty for a replaced battery pack. Now, GM is trying to sweeten the pot to get customers to install the "software final remedy" by offering early/upfront payment of an anticipated $1,400 class action settlement. The payment comes in the form of a Visa eRewards card that can be used for online purchases.
But you can only get this early payment if you install the "software final remedy" before December 31, 2023, and sign a legal release associated with taking the payment. If you don't, you'll have to wait for the class action to be sorted out. The compensation program only applies to owners involved in recall N212345944. If the class action settlement ends up being more than $1,400, GM says that the difference will still be paid out to owners who take advantage of this early compensation offer. As noted in The Verge's report, "[o]lder Chevy Bolt models that were made from 2017 to 2019 were initially provided 'fixes' in 2021 to keep the vehicles from catching fire, but it did not work." A different issue with the batteries appeared in 2020, "during which time at least 19 Bolts caught fire with full batteries."
This left many customers aggrieved at being promised a new battery and not receiving it, and further, at needing to wait some number of months with restricted charging before receiving a solution. Or, in the case of low-mileage customers, that 6,214 miles might even take years -- which brings up a conflict with GM's insistence that the diagnostic period be finished by March 31, 2025, in order to qualify owners for an extended warranty for a replaced battery pack. Now, GM is trying to sweeten the pot to get customers to install the "software final remedy" by offering early/upfront payment of an anticipated $1,400 class action settlement. The payment comes in the form of a Visa eRewards card that can be used for online purchases.
But you can only get this early payment if you install the "software final remedy" before December 31, 2023, and sign a legal release associated with taking the payment. If you don't, you'll have to wait for the class action to be sorted out. The compensation program only applies to owners involved in recall N212345944. If the class action settlement ends up being more than $1,400, GM says that the difference will still be paid out to owners who take advantage of this early compensation offer. As noted in The Verge's report, "[o]lder Chevy Bolt models that were made from 2017 to 2019 were initially provided 'fixes' in 2021 to keep the vehicles from catching fire, but it did not work." A different issue with the batteries appeared in 2020, "during which time at least 19 Bolts caught fire with full batteries."
Leasholders? (Score:2)
This talks about owners, what about leaseholders?
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Answering my own question, it appears that leaseholders are eligible for this offer.
Wave your rights, get some peanuts (Score:2)
Sounds like a good deal to me.
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Nope, it's never a good deal.
Free replacement of the vehicles with completely new vehicles with no built-in catches would be a good deal.
GM has to take a hit and not get off the hook for providing insecure vehicles.
Attention all Taxpayers... (Score:3)
Please remember how "supportive" your Apple-Pie-Chevrolet company is being the next time you vote for the same corruption that bailed them out before. Including entrenched executives.
Rest assured you'll be supporting Too Big To Fail, Part Duh otherwise.
Amazing how customers are never too big or small to get screwed.
Re:Attention all Taxpayers... (Score:5, Informative)
My understanding is that the bailout loans were paid back with interest.
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That's fine.
Give me a multi-billion dollar loan and I can also pay it back with interest, and be flush with hookers and blow for the duration.
GM circumvented the capitalist system of either going to the banks or private equity to issue the money, or selling assets to cover the costs.
This what they ask of anyone who buys their vehicles, so...
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My understanding is that the bailout loans were paid back with interest.
Our collective reality of billions of dollars spent, is accounted for in 2008 Detroit about as well as 2023 Ukraine.
Deficit grew by trillions quickly after the 2008 bailouts. As if "with interest" meant fuck-all.
Well, they lost me as a customer (Score:3)
And I don't even own any of their cars. This just guarantees I never will.
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And I don't even own any of their cars. This just guarantees I never will.
I'd buy another GM vehicle, just not any that are battery-electric. At least not any time soon.
GM, Ford, and so many other automakers have more than 100 years of experience making ICEVs so I have plenty of confidence that whatever quirks and qualities I've seen in ICEVs from these makers in the past will continue in the future. BEVs have also been around for over 100 years but we've seen some pretty rapid development in the last 10 years that they are effectively starting over from nothing. That means th
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Generally, EV's are the least likely to catch fire, petrol/diesel Vehicles are 60x as likely ...But Hybrids are twice as likely as petrol/diesel vehicles
But these figures include Bolts - which account for more than half of the EV fires ...
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From another slashdot thread out there I was reading...it appears this is already the case for insurance rates on EVs in the UK.
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They're extremely common. You just don't hear about them because they're so common. It's like "dog bites man" - you don't
nice (Score:2)
Re: nice (Score:2)
Well, wth winter approaching, that may go up to 1500.
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gift cards (Score:2)
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Inadequate compensation, glad I don't own one (Score:2)
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Those all apply to ICE vehicles too. What if there's an emergency, no fuel, and the vehicle is low on gas? Let's say there's a flash flood in the area and you need to take your family to higher ground ? Or your wife is going into labor ? Not to mention the slight chance that there is a risk of fire while refueling under certain conditions.
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Ok? My Chevy bolt always has 1/2 charge. I plug it in at home so it's always full. There's also NO RISK of a fire while charging and the chance of a fire of any kind is substantially lower than a car with fuel.
But it's a matter of preference really. If you're uncomfortable with more modern vehicles because of misplaced safety fears then you're free to stick with your older one.
Great Value Car - Best Value Around (Score:1)
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You'd think there was a reason if it was your house that burned down while charging in the garage.
Why is 20 ok? Why is ANY ok?
Would you be ok if -only- 20 Nintendo systems caught fire while recharging the controllers in the living room?
Or 20 stoves caught fire? Or 20 smart phones?
Why is a number greater than zero ok?
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When a fish hook catches my finger that is my fault. I should be more careful.
When my car catches fire in my garage that is not my fault. That is not ok. Ever.
The correct "ok" number for cars catching fire in people's garages is zero.
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Yes, that's nice.
Now again, the number should be zero.
Why is it acceptable for any car to simply catch fire?
Bolt is the new Pinto (Score:2)
And GM is the new Ford.
GM is not handling this 'right', or well, or fairly.
Fun fact, Ford did not take that government bailout, they mortgaged their real estate. That doesn't make them any better, just self-sufficient. Or prideful, I duinno.
I have one of these.... (Score:2)
Recently bought a used 2020 Bolt EV Premier edition with around 14,000 miles on it, from an area Chevy dealership. (My reasoning was, it was sold cheap enough to qualify for the Federal tax credit for used EV purchases, and with that low of mileage for a 2020? It was probably one of the vehicles Chevy was forced to hold captive until a battery replacement could be done. And it only went on sale after Chevy did this new firmware update in lieu of putting a new battery pack in it, allowing dealers to put it b
Dear GM (Score:1)