Sunday, April 17, 2011
Energy Secretary Chu: Chevy Volt Battery Packs Won't Last the Lifetime of the Car
In 2009, Secretary Chu admits the Battery of the Chevy Volt won't last the Lifetime of the Car. He goes on to say that current battery technology is only good enough to make batteries last 3 to 5 years.
The Chevy Volt does carry an 8 year or 100,000 Mile warranty on the Battery packs. But after the warranty expires the cost of the battery pack replacement is $8,000 every 3 to 6 years.
A brand New Chevy Volt costs around $40,000
Don't believe me about the cost of the Volt battery pack?
According to an Article on CNET about the GM Volt Battery Pack factory, the cost of each battery pack is $8,000.
And according to another CNET Article, GM doesn't know how long the battery packs will last,but the target length for the battery life is hopefully 10 years.
Secretary Chu has access to information that the public doesn't and obviously by the answer he gave the batteries only last 3 to 5 years.
Does that really sound like the Chevy Volt or Electric Cars are going to save you money? Really?