Skylarking
Well-Known Member
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- Feb 3, 2018
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I understand lower up front costs but these don't occur in a vaccum. The leasing business considers all factors related to battery handling, battery degredation and such other factors that are relevant to their business (including loan costs). All so these things are factored into the equation to give them the return they desire and we the "savers" pay the premium...The flip side is that the battery pack is a significant proportion of the cost of an EV, so buying a car sans battery and leasing the battery reduces the upfront costs. It also alleviates the capital degradation due the an ageing/deteriorating battery as the battery can just be swapped for a fresh one.
Frankly, i doubt people would lease private vehicles today if there wasn't any posibility to novate them and pay with pre tax dollars. I see such schemes as a tax burden which scews the market and promotes new vehicle churn to the detriment of tax $ and the environment. In some ways i'm happy BP went under...
Likely BetterPlace failed not only due to poor management and a too high rate of expansion but the big factor that car makers want a piece of the pie. Car makers probably didnt want to play ball with BP and standardise around a globally swappable battery.. And who wants different batteries like we see in power tools... It would have been like building pertol stations for 98, others for LPG and Ethanol which is how this whole battery swap thing would have ended up... Buy into the wrong ecosystem and your product is orphaned too quickly...