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Preowned Electric Vehicles And Battery Resale Markets: Tesla Rings The Opening Bell.
“Lease It: The Tesla Roadster for $1,658/Month. With the Tesla move, it will be interesting to watch how the leasing business model works for electric cars”. Hence the birth of preownedEV and Batteryresale programs are becoming a business reality
“Lease It: The Tesla Roadster for $1,658 a Month. With the Tesla move, it will be interesting to watch how the leasing business model works for electric cars” said Katie Fehrenbacher in a Newsweek article.
I would even go further than that. What happens after the 3 year lease is that they end up with a bunch of nothing other than Pre owned EVs. This is interesting because the majority of EV enthusiasts cannot afford to buy or lease the roadster as it is. However a pre-owned one, well that’s within reach. You are talking more or less 50% value which falls within the range of the Mercedes and BMW clans. This is a great temptation because this group will not have to go out of their price range to get the coveted Tesla roadster they’ve been drooling over for 2 or 3 years. I am pretty sure they will be able to trade in and reduce out of pocket expenses to get into a premier Luxury Electric Vehicle (LuxuryEV).
While the Tesla story is important as far as the High end sector of the electric auto is concerned, the mass also stand to benefit from the after lease market. Many who adopt a wait and see attitude, as was the case with the computer in the late 80s, will venture into the EV camp after an initial period of seeing and believing. The BYD E6, The Coda sedan, The Nissan Leaf would have already proven themselves. When the mass stampede occurs 3-5 years down the road, there will be plenty of cheap PreOwned Electric Vehicles around as opposed to the high prices of the introduction phase.
Another anticipated outcome from the proliferation of electric cars will be the upgrading of batteries for better range and fast charging capability. This will become trendy as nanobatteries such as the nanosafe from Altairnano become more affordable. Once the EV owners start developing an appetite for more Amps(power) and move up the ladder there will be lots of “older” batteries available for resale. Expect Battery Resale Programs to flourish along with the acceptance of Pre-owned EVs as an entry point to the EVway for some. For others the discarded lithium ion batteries will find needed recycling by way of the conversion of a gas car into electric, replacing lead acid that are being used now.
As you can see there will be a cascade or domino effect to a seemingly benign decision by Tesla to offer the luxury roadster for lease. Batteryresale and availability of PreOwnedEVs are shaping up on the horizon as a lucrative business sector within the EV industry for years to come .
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Electrification of transportation and alternative energy are the world's top priorities.Electric Vehicles,Ev conversion and Alternative energy sources explained in my book "The EV Alternative"
Dr Y. Ev