Battery in Chevy Volt hybrid to carry 8-year GM warranty
General Motors Co. is guaranteeing the battery in its Chevrolet Volt electric hybrid car for eight years or 100,000 miles in an effort to inspire confidence in the new technology. The guarantee is better than warranties on GM’s conventional car engines and transmissions, which are for five years or 100,000 miles.
The rechargeable Volt is due in showrooms this November. The vehicle can travel 40 miles on battery power before a small gasoline engine takes over to generate power so the car can go longer distances. The Volt is expected to be priced near $35,000 but will probably cost less after federal tax credits. A longer warranty might help GM as it tries to persuade consumers to adopt the new lithium-ion battery technology.