GM guarantees Volt battery for 100,000 miles

chevy_volt.top.jpgThe Chevroloet Volt's battery will be guaranteed for 100,000 miles or eight years. by Peter Valdes-Dapena, senior writer


NEW YORK (CNNMoney.com) -- General Motors will guarantee the lithium-ion battery in the Chevrolet Volt for 100,000 miles of driving or eight years, whichever comes first, the automaker announced Wednesday.

The warranty is intended to ease concerns that the Volt's high-tech battery might not last.

Popular hybrid car models currently on the market, including the Toyota Prius and the Ford Escape Hybrid, have similar warrantees on their battery packs.

The Volt, however, uses a different battery chemistry. Also, since the car runs purely on electricity from the battery for up to 40 miles, the Volt's battery is subjected to greater work loads than one in a gas/electric hybrid.

Separately, the automaker also revealed warranty details for the rest of the car.

General Motors already offers a 100,000 mile, 5 year warranty on the engines and transmissions in all of its other models, so this warranty adds a small degree of greater protection for the Volt's battery pack and related parts.

The Volt's gasoline engine, which generates electricity should a driver want to travel beyond 40 miles after charging, will be covered by the standard 5-year, 100,000 mile warranty. Other parts of the car will be covered by GM's standard 3-year, 36,000 mile "bumper-to-bumper" warranty, which matches that of most other major automakers.

The battery warranty also covers the battery's temperature management system, charging system and various electric drive components.

The battery warranty will be transferable to a new owner should a Volt buyer want to sell or give away the car, a GM spokesman said.

Production of the Volt is still on schedule to begin in November, a GM spokesman said Wednesday. GM plans to produce 10,000 Volts, which will be sold in seven U.S. states, through the end of 2011. Production will expand to 30,000 cars in 2012. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Find Your Next Car
Index Last Change % Change
Dow 17,817.90 7.84 0.04%
Nasdaq 4,754.89 41.92 0.89%
S&P 500 2,069.41 5.91 0.29%
Treasuries 2.31 -0.00 -0.22%
Data as of 6:02pm ET
Company Price Change % Change
Bank of America Corp... 17.18 0.06 0.35%
Apple Inc 118.62 2.16 1.85%
AT&T Inc 34.70 -0.58 -1.64%
Microsoft Corp 47.59 -0.39 -0.81%
Intel Corp 36.25 0.66 1.85%
Data as of 4:01pm ET

Sections

The Clydesdale horses, with their signature white feathered legs, have been featured in Budweiser ads for decades. More

Russia's finance minister warned Monday that his country is losing up to $140 billion per year because of falling oil prices and sanctions with Western nations. More

Drone regulation is coming to the United States, and the rules might be too severe for everyday businesses. More

Obama doesn't have the authority to create a startup visa, but part of his reform announcement could include a workaround for entrepreneurs: 'parole status.' More

The richest of the rich earned much more in 2010 than in 2009, and their federal income tax bill as a percent of their income fell. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.