In a landmark settlement, General Motors, Chevrolet, and LG are expected to pay $150 million to resolve a class action lawsuit regarding Chevy Bolt electric cars. The lawsuit was filed due to allegations that the lithium batteries in these vehicles can catch fire, posing potential hazards to drivers. The vehicles in question are the Chevrolet Bolt electric cars manufactured and sold between 2017 and 2022, which were built and shipped to a dealer on or before August 19, 2021. The suit asserts that these vehicles were sold with defective battery packs that could lead to fires, putting consumers at risk. The lawsuit's significance lies in its broader implications for the electric vehicle industry. With the global push towards more sustainable forms of transport, such as electric vehicles, the safety and reliability of these vehicles are paramount. This lawsuit and the subsequent settlement highlight the need for stringent quality controls and transparency in this sector. The payout amounts vary based on the remedy a vehicle is eligible for, with amounts ranging from $700 to $1400, and consumers must provide supporting documents such as vehicle registration, title, lease contract, and government-issued photo identification to make a claim. The deadline for claim submission is February 24, 2025. This case might usher in more rigorous regulations and standards for electric vehicle manufacturers to follow, ensuring the safety and satisfaction of their consumers.