GM Wants You to Rent the Battery
I'm not sure I understand how this would work, or why anyone would want to do this. But according to a report from autoindustry.co.uk ,...
https://iskablogs.blogspot.com/2007/08/gm-wants-you-to-rent-battery.html
I'm not sure I understand how this would work, or why anyone would want to do this. But according to a report from autoindustry.co.uk, GM is considering a cost savings method for their next generation hybrid, the Chevy Volt. Since the new battery packs may cost $10,000 or more, GM may be interested in 'renting' the batteries to consumers, rather than selling them outright with the car.
A previous report had GM eating the increased cost to build their new dual-mode hybrids in an effort to sell more vehicles, since most consumers would balk at a $10,000 cost increase.
Perhaps GM feels consumers would feel more comfortable with renting the battery pack, knowing they would never have to foot the bill for a replacement if the battery should fail.
A previous report had GM eating the increased cost to build their new dual-mode hybrids in an effort to sell more vehicles, since most consumers would balk at a $10,000 cost increase.
Perhaps GM feels consumers would feel more comfortable with renting the battery pack, knowing they would never have to foot the bill for a replacement if the battery should fail.
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