Renault ends battery leasing in Spain

Renault ends battery leasing in Spain
New generation Renault ZOE

Renault is slowly removing the option to lease the battery from its electric cars. First it was the UK, now it’s time to remove this option in Spain.

 

Without the battery lease option, these are now the advertised starting prices for the ZOE before subsidies.

  • Renault ZOE Life R110 with ZE 40 battery: 29.128 euros
  • Renault ZOE Intens R110 with ZE 50 battery: 31.212 euros
  • Renault ZOE Intens R135 with ZE 50 battery: 31.665 euros
  • Renault ZOE Zen R135 with ZE 50 battery: 32.888 euros

 

The battery of the new generation Renault ZOE is made with NCM 712 cells from LG Chem and the cost at the battery pack level is already below 100 euros per kWh. When compared to Clio, its ICE (Internal Combustion Engine) counterpart, the ZOE looks extremely overpriced.

 

  • Renault Clio Life 53 kW: 10.267 euros
  • Renault Clio Intens 53 kW: 12.167 euros
  • Renault Clio Intens E-TECH (hybrid) 104 kW: 18.562 euros
  • Renault Clio Zen 74 kW: 14.767 euros
  • Renault Clio Zen E-TECH (hybrid) 104 kW: 19.582 euros

 

A regular person that is browsing Renault’s website after looking at those advertised prices immediately loses interest in the electric car…

 

Anyway, I have always seen battery leasing as having more disadvantages than advantages. First, it reinforces the myth that batteries are fragile, and second, it removes one of the biggest benefits of electric cars, the low running costs. It’s good to see Renault walking away from it.

 

 

More info:

https://www.renault.es/electricos/zoe/precios-promociones.html

https://forococheselectricos.com/2020/06/renault-elimina-la-opcion-de-alquilar-las-baterias-del-zoe-en-espana.html

Pedro Lima
18 Comments
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Francesc
1 month ago

A regular person that is browsing Renault’s website after looking at those advertised prices immediately loses interest in the electric car…
 
that is the best sentence in the article. The price is 29000-10000-5000 … 14.000 oversised…at least! 10.000
 

Last edited 1 month ago by Pedro Lima
1 month ago
Reply to  Francesc

The only thing I see positive about legacy automakers undermining electric cars by overpricing them is that they leave a door open for competition. Some Chinese startups will eventually replace them.

Stefan
1 month ago
Reply to  Pedro Lima

They’re still selling all the Zoes they can build. Maybe when sales slow down they’ll lower the price. Free market competition will kick in with ID 3 presumably, maybe Renault wants to make every euro they can until then, that will surely affect their business. I’m rooting for Renault btw.

Lars
1 month ago
Reply to  Stefan

In Denmark the ID.3 will not be a big competition, the ID.3 Pure is to start at 280.000 DKK (37.300 EURO), the ZOE Intens starts at 258.000 DKK (34.400 EURO). The ZOE Zen starts even at 240.000 DKK (32.000 EURO). The ID.3 is bigger, but the ZOE has the bigger battery and longer range.

Juanmx
1 month ago
Reply to  Stefan

I think the Zoes that are being sold are way below the advertised price. In Germany you can get a R100 ZE40 for 18000€ after goverment subsidies. (with own battery)

Stefan
27 days ago
Reply to  Juanmx

The 40 has been out of production for almost a year now, that sounds like they are clearing old stock. It would be significant if the 50 had that crazy low price.

Last edited 27 days ago by Stefan
27 days ago
Reply to  Stefan

In the new generation Renault ZOE the ZE 40 battery is exactly the same as the ZE 50. The difference is in the usable capacity, that is much more limited in the ZE 40 version.
 
https://pushevs.com/2020/05/14/new-generation-renault-zoe-battery-details/

Stefan
27 days ago
Reply to  Pedro Lima

Ah I didn’t realize the new gen also has a 40 battery option.

27 days ago
Reply to  Stefan

Yes, but only in some countries such as Portugal, Spain, Switzerland, Austria and Germany.

Josef Šoltes
1 month ago

Agreed. Prices are starting to be a little absurd. I can imagine, that when Skoda and Dacia makes bigger entry into this market, it will start moving prices lower. It should happen next year.

Chris hansen
1 month ago

They are going to end more than just that, in Spain.

Famlin
1 month ago

Automakers want to take all the subsidies given by the government, thats why they price it 10.000 to 20.000 more. China has done the right thing by phasing out the subsidies. Beginning 2021, there will be 0 subsidies and EV makers have to face ICEs in open market. At best the access to carpool lanes and lesser tax %age may be provided for BEVs, thats it. Still BEVs will survive since the cost of battery has gone down.
 
As for Renault/Nissan, please note that our BEV friendly leader Carlos Ghosn is not in command, all the crooks who replaced him are messing up with the company. Once giga-berlin starts and when chinese EV makers come up with their products in European market, then their automakers will learn the lessons.

Famlin
1 month ago

Automakers take all subsidies. What this means is.
Lets say European government gives € 3.000 subsidy with another € 2.000 from French govt and another € 1.000 from Paris city govt, then the automaker will price their € 20.000 BEV at € 26.000 and take the entire € 6.000 subsidy. 
 
That is why a small BEV like Renault Zoe is priced so high. 
Time for all governments to set the date for phase out of all subsidies to all vehicles.
Also the diesel fuel should be priced 15% more than petrol since it contains 15% more energy.
 

eDrive Alex
1 month ago

You always have to compare the whole cost of ownership and now the one time payment.
Maintenance, insurance, repairs and all other costs comes during the whole lifetime of the car.
If you do so, you will see, that even the initial payment is higher, you will save at the end.
Sure, if you don’t drive and just park the car, the electric car will be more expensive at the end.

carlos
1 month ago
Reply to  eDrive Alex

That’s true, but it’s not an excuse to charge ridiculous prices. The most expensive Zoe costs 13k more than the most expensive Clio, which has a drivetrain that is a lot more complex. You can safely say that Renault could lower the price on the Zoe by 10k and still get the same (probably higher) profit as on the Clio. In the meantime, they are already complaining that they are going to be swamped by the Chinese competition, with the obvious intent to get more support from the state. France should clean out the entire C-level management layer and replace them with people who know how to run a business and keep it successful against the competition. The current guys clearly have no clue.

Quantaca
1 month ago

TBH I think it’s more to do with lowering demand than profits, if they were priced (roughly) the same everybody would go for the BEV and they just don’t have the batteries to make them (nor have the battery makers the raw materials to build them, as mines take years to develop).

I wouldn’t expect anything close to price parity till Tesla seriously lowers prices and/or the Chinese invade the western automarkets (though they’ll face an uphill struggle about “quality” like the Koreans used to face)

1 month ago
Reply to  Quantaca

Yes, it’s true that battery raw materials played an important role in constraining the production of electric cars. However, now we have a lot cheaper battery chemistries that use little to none cobalt.
 
With the new NCM 712 battery from LG Chem the Renault ZOE should be cheaper to produce than the much more complex Renault Clio E-TECH Hybrid. Subsidies is what keeps Renault ZOE more expensive price tag.

Henrik C
29 days ago

I’d say the Clio is underpriced in Spain. In Sweden the base model Zen 74 kW TCe is advertised as starting at 177 900 SEK or around € 18000. The Zoe starts at 296 990 or €30000 for the Z.E. 50 R110 Zen with battery rental before incentives. Can’t find it with bought battery right now.