Saturday, March 5, 2011

Better Place swappable EV batteries priced, Renault is definitely onboard

Better Place swappable EV batteries priced, Renault is definitely onboard
It's going to be a little while before you're able to recharge your battery-electric EV as quickly as you can refuel your gasoline-powered machine. Until then there's Better Place, offering a suite of options including traditional recharging and fast battery-swapping. The idea is you don't buy a car with a battery you buy a car then lease the battery, and now we're getting an idea of what that lease is going to cost. It's launching first in Denmark with the Renault Fluence Z.E., a €27,496 ($38,500) car. If you're okay with driving less than 20,000km per year you can get by with monthly battery fees between €199 and €249 ($278 to $348), which includes recharging at Better Place locations or five-minute battery swaps if you're in a hurry. For €399 monthly ($558) you get unlimited mileage, but all plans get stuck with a €1,341 ($1,874) up-front fee to install a home charging station -- a bit steep compared to Ford's $1,500 option but not bad overall.

Renault is also announcing Better Place support for its Twizy, which is featured in a video below. It's a tiny little thing that will cost just €6,900 ($9,640) and is due to ship this year. That's astonishingly cheap for an EV but, of course it comes without a battery pack, so you'll need to be leasing one. However, we're told there'll be a 7,500km lease option for just €45 ($63) per month. It also won't be coming to the States, planned only for a European launch, a land of smaller roads that'll be better suited to this flea-sized creation. And now, if you'll excuse us, we'll be sending our poor currency-converting intern on break. Poor gal really needs a coffee.

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Better Place swappable EV batteries priced, Renault is definitely onboard originally appeared on Engadget on Fri, 04 Mar 2011 11:51:00 EDT. Please see our terms for use of feeds.

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