Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Global plugin vehicle registrations were up 45% in August 2023 compared to August 2022, rising to 1,238,00 units. In the end, plugins represented 18% share of the overall auto market (with a 13% BEV share alone). This means that […]
Renault tried that with their early EVs, people liked it for new cars as it made them slightly cheaper for battery lease plus car lease vs. car lease as Renault retained ownership of the battery.
Subsequent owners did not as the monthly cost was then higher as the battery lease didn’t drop in price so it would cost the same or more than the straight car lease for battery plus car lease.
Dearlerships in the UK have surplus used stock stuck with battery leases they can’t shift that has depreciated massively (are now great buys secondhand) and Renault dropped the idea a couple of years ago .
Personally it’s a great idea as the car gets over ten years old (but not in the middle period of ownership) as Renault have to replace the battery for free if it gets to less than 75% usable with not time limit. So if you keep an older car it will eventually pay out. Meanwhile a normal battery warranty is between 5 and 10 years and between 70 and 60% with tighter mileage, highly unlikely to pay out on an older car. Needless to say Renault are keen for you to buy out a battery lease…