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 16,912.11 -70.48 -0.42%
Nasdaq 4,442.70 -2.21 -0.05%
S&P 500 1,969.95 -8.96 -0.45%
Treasuries 2.46 -0.03 -1.16%
Data as of 7:08am ET
Company Price Change % Change
Frontier Communicati... 6.79 0.85 14.31%
AT&T Inc 36.59 0.94 2.64%
CenturyLink Inc 39.90 2.19 5.81%
Bank of America Corp... 15.34 -0.16 -1.03%
Apple Inc 98.38 -0.64 -0.65%
Data as of Jul 29

Sections

McDonald's in Japan says profit and sales will fall short of expected targets this year, as fallout widens over a major food safety scandal. More

Amgen is the latest to continue corporate America's cost cutting strategy, even as the economy is supposedly on the mend More

Bunch o Balloons allows multiple water balloons to be filled at once. Parents are loving it -- to the tune of $645,000. More

Steve Mason, a pastor from California, inherited more than $100,000 in student loan debt when his 27-year-old daughter died suddenly in 2009. With interest and late penalties, the debt has since ballooned to $200,000. More

Market indexes 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. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.