General Motors announced today that the lithium ion battery pack for the 2011 Chevrolet Volt would be warranted for eight years or 100,000 miles
read more on http://www.auto-power-girl.com/cars-news/2010/07/15/gm/4668/2011_chevrolet_volt_battery_to_have_an_eightyear_1 00000miles_warranty.html
Silver LTZ
07-15-2010, 06:44 AM
Well that's good news for such a new product.
RaineMan
07-15-2010, 08:29 AM
Well... now we know that after 100,000mi used Volts will be practically worthless. That battery pack probably costs $10,000 to replace, so once the warranty is up expect resale value to drop like a rock.
This car sounds like a worse deal every day.
GM should really be offering these cars for lease only. Do a 3 year 50,000mi lease... that way they can run through the cars twice before the warranty is up. Then replace the battery packs and do it all again.
FenwickHockey65
07-15-2010, 09:50 AM
Well... now we know that after 100,000mi used Volts will be practically worthless. That battery pack probably costs $10,000 to replace, so once the warranty is up expect resale value to drop like a rock.
This car sounds like a worse deal every day.
GM should really be offering these cars for lease only. Do a 3 year 50,000mi lease... that way they can run through the cars twice before the warranty is up. Then replace the battery packs and do it all again.
The Volt's battery is designed to hold charge up to 10 years/100,000 miles. Once you cross that threshold, it'll begin to drop charge little by little. The way this works is that the Volt's battery runs at only 50% capacity. You'll still be able to get many, many miles of electric-only driving even after the warranty is up. In fact, I've heard estimates of 30 miles of EV range even after 15 years.
Plus, battery packs will be substantially less expensive in the future, especially with more and more automakers building electric cars. The pack that costs $10k today may only cost $4k or less in 10 years.
RaineMan
07-15-2010, 12:50 PM
Estimates... lots of estimates.
Yes, technology will get cheaper as time goes on. But Volt's limited production will help keep costs high for replacement parts. Also, we have to factor in the labor to take the car apart and remove/replace the battery pack located in the center of the vehicle. It's not as easy as swapping an engine.
FenwickHockey65
07-16-2010, 03:50 PM
Estimates... lots of estimates.
Yes, technology will get cheaper as time goes on. But Volt's limited production will help keep costs high for replacement parts. Also, we have to factor in the labor to take the car apart and remove/replace the battery pack located in the center of the vehicle. It's not as easy as swapping an engine.
You need to remember that GM isn't the only manufacturer building electric cars. Nissan has the Leaf, Ford's working on a Focus EV, you have smaller companies like Tesla working on it...all of these new EVs coming out will drive the costs of batteries down.
Replacing the battery pack may actually be even easier than swapping an engine. The pack is basically lifted into the center battery tunnel of the Volt, bolted in, and plugged into the vehicle.
DrivenDaily
07-16-2010, 05:49 PM
Wow! All these manufacturers devoting so much energy to electric cars.
Looks like EVs will no longer remain static.
I think we should all charge into the future.
And to think if they can get electricity from the ocean they'll be charged with a salt and battery!
;)
Sorry, couldn't resist!
(Oops, I did it again!)
Well... now we know that after 100,000mi used Volts will be practically worthless.
Isn't it what they were saying about Prius? That car is certainly doing well. If you go to priuschat forum you'll read about some very high mileage ones that people have.
Also, this is like saying that once warranty expires the car is not worth anything. I think owners of high mileage Accords would disagree :)