Renault has signed its 100,000th electric vehicle battery leasing contract via RCI Bank and Services, the financial services arm of Groupe Renault. Renault has offered battery leasing since the launch of its first electric vehicle.
Even in those countries where it is also possible to purchase the battery, leasing remains the preferred solution for the majority of customers. In the UK, 94 per cent of ZOE owners leased their battery in 2016.
If a leased battery fails, or if its energy capacity drops significantly, Renault will change or repair it free of charge, for the duration of the vehicle’s lifecycle. Therefore, used car buyers benefit from a guaranteed level of battery performance.
Renault says that thanks to battery leasing, from later in 2017, owners of a ZOE equipped with a 22kWh pack will be able to upgrade to the Z.E. 40 battery, and benefit from increased range (NEDC range of 250 miles, real-world range of 186 miles in temperate conditions), for an additional cost – further information and pricing will be announced closer to the time.
With the arrival of the new Z.E. 40 battery pack, Renault has introduced a more streamlined pricing scheme which is banded and reflects estimated annual mileage , starting from £49 per month. New for 2017 is the ‘Unlimited’ option for retail customers that has no mileage cap, and is priced at £110 per month. Customers have the flexibility and the ability to switch lease options at any time.
All Renault ZOE retail purchases include a free, fully installed Chargemaster 7kW Homecharger. The car is protected by Renault for four years or 100,000 miles (first two years have no mileage limit). For Z.E. vehicles with a Battery Hire Contract, the Renault Assistance cover is linked to the period of the Battery Hire. In the event of a breakdown, or the vehicle running out of charge, Renault provides emergency roadside repairs or repatriation plus three years’ European cover.