Nissan Prices Replacement Battery Cost For LEAF: $100 A Month
Two weeks ago, Nissan made good on a pledge to offer LEAF owners a battery warranty program with set benchmarks for performance. Today, they made good on a commitment by their Executive VP, Andy Palmer, to offer some set price assurances on the cost of a replacement LEAF battery pack.
Nissan says today that for $100 per month, current LEAF owners are eligible to receive a replacement pack for their cars.
This replacement would return owners “capacity bars” back to 12 (that’s full) and guarantee to the LEAF to maintain at least 9 bars for the rest of the life of your EV.
Currently, LEAF owners have a 5 year or 60,000 mile warranty that their batteries will remain at least 70% capacity (also 9 bars).
Doing ‘the math’ on the EV’s starting range of 75 miles, that puts the guaranteed EPA range at 52.5 miles under the factory warranty plan, or the extended battery replacement plan.
Nissan has yet to flush out all the details, but says the program will start “during the first half of 2014.”
As part of the program, this will also allow current LEAF owners the ability to enjoy and future upgrades in technology in battery technology, which could translate to better thermal management and more range.
“Technology is evolving and battery prices are projected to decline as EVs become increasingly mainstream,” said Erik Gottfried, Nissan’s director of Electric Vehicle Sales and Marketing. “Therefore, this new battery program today affords more flexibility for the future so that customers can both upgrade to the latest available technology for their LEAF and enjoy more predictable vehicle operating costs.”
Interestingly as part of the program, if you choose to replace your current battery with a replacement one at $100/per month, Nissan takes back your old battery pack as part of the deal.
Also of note, Nissan has not still not completely fulfilled what many LEAF owners had expected as part of Mr. Palmer’s commitment last December to outline the battery replacement costs by putting a fixed number on the cost of the pack and making it available for purchase. Nissan says it still has no intention of selling the packs individually to consumers at this point..
Full Press Release From Nissan:
NISSAN ANNOUNCES BATTERY REPLACEMENT PROGRAM FOR LEAF
NASHVILLE, Tenn. (June 20, 2013) – Nissan, the world leader in zero-emission vehicles, today announced plans to offer a battery replacement program for U.S. LEAF customers who wish to replace their original equipment, lithium-ion battery pack.
The program, which will begin during the first half of 2014, will work in tandem with the Nissan standard battery warranty for LEAF – which includes industry-leading five-year, 60,000 mile coverage against battery capacity loss (below approximately 70%) and 8 years/100,000 miles against defects – to provide multiple layers of assurance for electric vehicle owners.
Erik Gottfried, Nissan’s director of Electric Vehicle Sales and Marketing, said: “Nissan anticipates that the great majority of our current LEAF drivers will never need this battery replacement option. However, this program is yet another example of Nissan’s commitment to deliver peace of mind for our continually growing community of LEAF drivers.”
Nissan conducted a global survey of LEAF owners and prospective electric vehicle customers and reviewed publicly available industry data to help shape the replacement proposal. Owners and prospective owners voiced a preference for a monthly payment program, and that they wanted assurances that the battery will maintain its capacity at a certain level.
“Technology is evolving and battery prices are projected to decline as EVs become increasingly mainstream,” said Gottfried. “Therefore, this new battery program today affords more flexibility for the future so that customers can both upgrade to the latest available technology for their LEAF and enjoy more predictable vehicle operating costs.”
The battery replacement option is being modeled after aspects of both competitor and Nissan Europe battery leasing programs. The majority of the EVs bought in Europe involve battery leasing separate from the vehicle.
All LEAF batteries installed under this program will enjoy coverage similar to the terms of standard battery coverage under the Nissan New Electric Vehicle Limited Warranty and be assured to maintain at least 9 bars capacity, or approximately 70 percent and protection from defects in materials or workmanship for the time they own their LEAF and remain in the battery program. If necessary, Nissan will replace the battery with a new or remanufactured battery to restore capacity at or above a minimum of 9 bars, much like the existing expanded battery capacity warranty.
The Nissan LEAF battery replacement program pricing is consistent with Europe and will be approximately $100 per month. The replacement program will officially launch during the first half of 2014, and all Nissan LEAF vehicles will be eligible. It will be administered by Nissan Motor Acceptance Corporation.
“The battery replacement option will provide the peace of mind that customers have an economical option should they choose to replace the battery for whatever reason,” says Gottfried.
Nissan will announce additional details of the battery replacement program later this year, including other global markets.