Xcelerate is an EV-focused startup founded by Tesla veterans. Since 2012, the firm has provided EV drivers with a variety of financial options ranging from financing to leasing to extended warranties.
![Xcelerate](https://www.cleanfuture.co.in/wp-content/uploads/2023/01/Screenshot-2023-01-04-at-18-41-50-Xcelerate-Auto-Consumer-Commercial-EV-Solutions-xcelerateauto.com_-1024x445.png)
As you may know, the battery is the most important (and most costly) component of any EV. Most EVs in the United States come with an 8-year, 125,000-mile battery guarantee (precise coverage may vary), however certain popular EV models have been around long enough that many owners are now out of warranty, and there is a demand for extended warranties that cover the battery and engine.
![](https://www.cleanfuture.co.in/wp-content/uploads/2023/01/service_01.jpg)
However, providing such a guarantee involves a significant risk. As a result, while certain VSCs (vehicle service contracts) may provide limited battery coverage, no one provides full replacement.
![](http://www.cleanfuture.co.in/wp-content/uploads/2023/01/Screenshot-2023-01-04-at-18-52-27-Xcelerate-Auto-Consumer-Commercial-EV-Solutions-xcelerateauto.com_-1024x439.png)
That’s about to change, as Xcelerate is nearing completion of a new warranty product dubbed XCare Battery + Drive Unit, which is intended to nearly double the manufacturer’s battery and drive unit guarantee. The company offer two totally separate warranties: XCare covers everything but the battery and drivetrain and the new one i.e. XCare Battery + Drive Unit, will cover just the battery and drivetrain.
So, with Xcelerate new XCare Battery + Drive Unit warranty, in conjunction with XCare’s existing warranty products, every EV driver can have true bumper-to-bumper coverage.
This is a Globe PR Newswire Feed; fake checked and edited by Clean-Future Team