Renault leasing 100,000 EV batteries

More than 90% of Renault’s European customers are opting to lease the batteries in their electric vehicles (EV).

The company recently signed its 100,000th EV battery leasing contract.

Renault says the 93% of customers who lease their EV battery receive a lifetime warranty. The French manufacturer has offered battery leasing since the launch of its first electric vehicle.

Renault says its lifetime warranty brings peace of mind to users. If the battery fails, or if its energy capacity drops significantly, Renault will change or repair it for free, for the duration of the vehicle’s lifecycle.

Used car buyers will benefit from a guaranteed level of battery performance, which is a significant advantage for owners who wish to re-sell their EV.

Thanks to battery leasing, as of the European 2017 Spring owners of a Zoe equipped with a 22kWh battery pack can upgrade to the ZE 40kWh battery pack without changing their vehicle, and benefit from increased real-world range of 300km.

With the arrival of the new ZE 40kWh battery pack, Renault has introduced a more streamlined pricing scheme with no minimum length of commitment, consisting of two options.

The first, ZE Flex, is a pay-as-you-drive system whereby the rate is calculated as a function of the distance covered. The second choice, ZE Relax, is reserved for retail customers and offers unlimited mileage.

An increasingly popular trend in France is the all-inclusive leasing package, which covers the battery and the vehicle itself.

More than 60% of Zoe customers choose this leasing option. The new Zoe is currently available for €179/month.