On September 14, 2009

Leased Electric Car Batteries Take a Big Step Forward

Electric cars are too expensive for the average consumer — if you buy the whole vehicle, anyway. Take out the batteries, and you’ve got something affordable. That pretty much sums up the future of Nissan and Renault, the two car companies run by Brazilian investor Carlos Ghosn. Renault alone is working on four electric concept vehicles, with a planned 2011 release date for Europe, while Nissan is gearing up for a big launch of its Leaf car in the United States next year. Ghosn has been publicly chewing over his idea of a leased battery for several months. Leasing has some key benefits. One is that the consumer won’t have to worry about replacing the battery as it becomes weaker…

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