JPost. Better Place unveiled its first EV it will sell in the Israel market, the Renault Fluence ZE. Basic price of the vehicle will be NIS 122,900 (US$34,865) excluding the necessary service package. Fluence ZE will go on sale from mid-July.
Buyers will be given a choice of a service packages ranging from 20,000 km (12,400 miles) to 30,000 km (18,600 miles) usage per year. The service packages include installation and maintenance of a home recharging station, free access to Better Place’s battery replacement stations and road-side service. The company will guarantee four-year fixed-price packages, with no exit fees for customers who sell their car and leave the plan.
The 20,000 km package will cost NIS 1,090 (US$309) per month, including VAT; while the 30,000 km plan will cost NIS 1,599 (US$454) per month. The cost of each extra kilometer over the monthly limit will vary between NIS 0.85 to NIS 1 (US$0.24 – US$0.28) per kilometer.
A one-time, three-year subscription offers the vehicle, service package and up to 25,000 km. a year of travel for an all-inclusive price of NIS 157,500 (US$44,680).
According to the company, the package will cut the cost of vehicle maintenance by 20 percent, compared to the average gasoline-powered family car. Better Place presented its estimates at the press conference, which showed that the 20,000 km. package will cost NIS 2,000 less each year the cost of gasoline (at its current price) for the equivalent mileage; insurance will cost NIS 1000 less than for a gasoline- based vehicle; and maintenance and warranty savings will strip another NIS 1000 from the overall cost.
(A hat-tip to Zohar!)