Gov't Investigates Chevy Volt Fires

Battery malfunction could hurt electric-car market

The U.S. National Highway Traffic Safety Administration is investigating concerns that batteries used in the Chevy Volt could catch fire after a crash. The NHTSA opened the probe after crash-test cars ignited in storage facilities following tests. The news could affect both Volt sales and sales of electric cars at large. General Motors has offered loaner cars to concerned customers. The Volt received the highest satisfaction rating of any car in a Consumer Reports survey released today.

Read more at Bloomberg Businessweek

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