Battery Leasing Catching On? India’s Reva Says Would Help Cut EV Purchase Price

by Edmunds.com Green Car Advisor on October 20, 2009

Nissan, Renault Also Planning to Lease Batteries for Their EVs in Most Markets There are all sorts of hopes and plans for lowering the cost of electric cars – most hinging on government subsidies and increased sales volumes that will power component costs – but one that doesn't lean of outside help is the idea of leasing the batteries with the car rather than including them in the sales price. ———- Reva NXR is slated for 2010 launch in Europe, Asia. ———- We first heard the idea from Shai Agassi, founder and CEO of Better Place. He suggests looking at the batteries as the principal part of the fuel system and thinking of leasing in terms of how we pay for fuel in our gasoline cars. We don't buy a lifetime's supply of gas when we buy a new car now, he says. We pay for it as we need it. Why not the same with batteries and electricity? Pay a monthly fee for the batteries and the

See more here:
Battery Leasing Catching On? India’s Reva Says Would Help Cut EV Purchase Price

Comments on this entry are closed.