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Chevrolet Bolt EV

Dealers Suspect Chevrolet’s Bolt EV Recall Will Include Lots of Buybacks; GM Says No

Posted on October 5, 2021August 27, 2023 By Jarvis

Replacement batteries are in production now and will soon go out to customers’ vehicles.

The ongoing cost of the recall that affects every single Chevrolet Bolt EV ever made is, according to some reports, around $1.8 billion. The main driver for the eye-popping number is the fact that GM’s solution to the recall is to replace at least some battery modules in all 110,000 Bolts that were sold in the U.S. The scale of this program has led some Chevy dealers to assume the automaker will implement a buyback program for the faulty EVs rather than pony up to replace the batteries.
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Cars Tags:Chevrolet, EV, GM, recall

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