If, on the other hand, you prefer to lease the battery, you’ll pay just under $50,000 up front, plus a monthly fee of $135. (The costs are all a bit higher if you opt for the 100 kWh battery, but the idea is the same.) For that monthly fee, you get a couple of swaps or a set amount of rapid charging.
A battery lease scheme means that you buy most of the electric car as normal, but have to rent the battery. This remains the property of the car maker and you pay a monthly fee to rent it, depending on how many miles you think you’ll cover and the length of time you sign up for.
If you want to own that battery, and you don’t want to visit swap stations, your vehicle will cost you roughly $58,500. If, on the other hand, you prefer to lease the battery, you’ll pay just under $50,000 up front, plus a monthly fee of $135. (The costs are all a bit higher if you opt for the 100 kWh battery, but the idea is the same.)
Having a fixed term agreement is completely pointless as you only pay for the battery while you own the vehicle and your obligations end when you sell the vehicle and transfer the battery lease. All battery rentals include VAT, except the Kangoo ZE which are listed excluding VAT. The VAT is obviously reclaimable for a business.
As you can transfer the lease without penalty if you sell the vehicle, most owners signup to the longest term to keep the rates low. Having a fixed term agreement is completely pointless as you only pay for the battery while you own the vehicle and your obligations end when you sell the vehicle and transfer the battery lease.
The ability to rent batteries could mean less stress about battery degradation for drivers, according to Fei Shen, the VP of power management at Nio. “It's not necessary for them to worry about it at all, because they can swap this battery at any time, whenever they want,” he says. And for the company, it’s easier to track and service batteries.
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