Hyundai IONIQ Electric, PHEV Come Standard With Lifetime Battery Warranty
With a price tag of just $29,500 in the U.S., the Hyundai IONIQ Electric, with its 124-mile range, is sure to be a hit. But there’s something else the IONIQ Electric (and the upcoming plug-in hybrid IONIQ) offers that you won’t find on competing plug-in vehicles…a lifetime battery warranty.
Hyundai/Kia is still tops in warranty coverage of new vehicles in North America, but a lifetime battery warranty wasn’t expected. However, there’s a slight catch. The warranty covers failure, but not capacity loss or degradation over time. Degradation isn’t covered by Tesla , Ford, Fiat, Mitsubishi and others either (see compiled chart below from Gary Exner of the Oregon Electric Vehicle Association).
Green Car reports states:
“If the battery pack fails, Hyundai will replace it free of charge and “cover recycling costs for the old battery free of charge to the original owner,” according to a promotional e-mail sent to customers.”
As with most automotive warranties, this doesn’t apply for commercial use.
Source: Green Car Reports