Skip to Content

Listen to the Joystiq Podcast (because your ears can't read)

GM: Buy the Volt, rent the battery?

Filed under: EV/Plug-in, Chevrolet, GM

chevy,volt,battery

To keep the price of the Volt low, GM is considering renting the battery. I guess that explains the use of the term "consumer cost" when Lutz said the Volt would cost under $30,000. I have to admit, GM is planning some innovative things. I thought the series hybrid was innovative enough. Now renting parts of cars? This might change everything.

I wonder if E-Flex will incorporate aspects of GM's skateboard concept? Think about it, if you rent the battery and I guess buy the car, if I stop paying for the battery, don't I keep the car and you take the battery? I wonder if they will have a used battery market? This battery was only used by an old lady to go to church on Sundays. It has 10 years left easy, I promise :D

I wonder if they sell the car without the battery? THAT would be interesting! Who knows what they will do? It will probably be something in the contract for buying the car. This could be a real money-maker for them. Think of the recurring revenue coming from a car with rented parts? ...maybe this is not such a great deal for consumers after all. I have never seen a good contract for long term rentals.

[Source: Financial Times]

Reader Comments (Page 1 of 2)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Featured Galleries

Find Your Next Car

Sponsored Links

AutoblogGreen bloggers (30 days)

#BloggerPostsCmts
1Sam Abuelsamid13818
2Sebastian Blanco1046
3Jeremy Korzeniewski1022
4Domenick Yoney400
5Xavier Navarro350
6Gary Witzenburg20
7Chris Shunk10
8Damon Lavrinc10