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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?



Boyd J said...

Did anyone actually expect the batteries to outlast the car? Once you're past the warranty period, I'm sure the price of batteries would have dropped by that time.

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SpeedStar said...

I'm surprised this is considered news, myself. Batteries are notorious for short lifespans due to wear and tear, while cars are built to last almost a lifetime.

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auto finance said...

I think the problem here is that people are already worried about the costs in the long run. What they fail to realize is that oil prices can still go up, so you're better off with a battery replacement that you know exactly how much it will cost.