$150M Settlement Approved In Consolidated Action Over Defective EV Battery

( January 6, 2026, 3:58 PM EST) -- DETROIT — A federal judge in Michigan has granted final approval to a $150 million settlement that will resolve consolidated litigation alleging that the batteries in Chevrolet Bolt electronic vehicles for model years 2017 to 2022 had a defect that allowed them to overheat, finding that “the settlement is fair, adequate, and reasonable; the attorneys’ fees and expense reimbursement and service awards are reasonable; and the settlement is in the best interest of the class as a whole.”...