No, but a Chevy dealer can. The light is on because there is a problem with the system. Get this fixed immediately or you may have an accident.
Check your power steering fluid.
Yes, there have been recalls related to steering issues in certain Chevy Malibu models. Notably, the 2014-2016 Malibu was recalled due to a potential loss of steering assist, which could increase the risk of a crash. If you own a Malibu, it's advisable to check with the manufacturer or a local dealership for specific recall information pertaining to your vehicle.
something wrong with something in your power steering more than likely, get it checked out.
how do you check the safety neutral switch on a 2003 Chevy Malibu
It doesn't have any electronic with a steering gear / no fluid
Check your transmission.
Compression test
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First of all, check the condition of the tank if it is good then chech gaskets and hoses for the fuel pump.
200 Chevy Malibu has a sealed system, so it does not have a dipstick to check the transmission fluid. If there are issues, one has to check the fluid while the car is running.
In a 2005 Chevy Malibu, the power steering fluid is added to the power steering reservoir. This reservoir is typically located near the engine, often on the driver's side, and is marked with a cap labeled for power steering fluid. To add fluid, simply remove the cap, check the fluid level, and fill it to the recommended level if necessary. Always ensure you use the correct type of power steering fluid as specified in the owner's manual.
check for a blown fuse.