High Cost of Chevrolet Bolt Battery Replacement Cited as Used EV Concern
What happened
A dealer in North Carolina replaced the battery of a 2018 Chevrolet Bolt EV that had accumulated over 300,000 miles. The out-of-warranty replacement of the battery was installed for $4,000. Industry estimates indicate that a new factory high-voltage pack replacement for a Chevrolet Bolt typically costs between $15,000 and $18,000 or more.
From torquenews.com
Why it matters
The high expense associated with replacing a Chevrolet Bolt battery when it fails outside of warranty is noted as a persistent concern that deters prospective buyers from the used electric vehicle market. This issue relates directly to the long-term maintenance expenses of the vehicle.
From torquenews.com
Who's involved
- ChevroletManufacturer of the vehicle requiring the battery replacement.
- North CarolinaLocation where the battery replacement service took place.
- General MotorsCorporate owner of Chevrolet.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ChevroletSpeculative
Used electric vehicle sales might be affected by the high cost of replacing a Chevrolet Bolt battery out of warranty.
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The entities involved
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North Carolina
state of the United States of America
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Chevrolet
American automobile division of GM