What is Battery Subscription for Electric Vehicle (EV)? Simplified
What is Battery Subscription for Electric Vehicle (EV)? Simplified
Customers only pay a monthly subscription fee for the Vehicle Batteries. With a valid battery subscription, the vehicle manufacturer bears responsibility for battery repairs, maintenance, and replacement costs to provide customers with a worry-free experience for the life of the vehicle.
The battery Subscription Program is a truly innovative service model that makes premium electric vehicles (EVs) more accessible to everyone by VinFast, for VinFast EVs. When customers purchase VinFast EVs, the battery cost is excluded from the vehicle purchase price.
VinFast Electric Vehicle Battery Subscription
VinFast EVs has introduced a Battery Subscription Program they call VinFirst. VinFast provides the following comprehensive explanation of the program on its website.
The VinFast Battery Subscription Program is a truly innovative service model that makes premium electric vehicles (EVs) more accessible to everyone. When customers purchase VinFast EVs, the battery cost is excluded from the vehicle purchase price
Customers only pay a monthly subscription fee based on the plan that suits their needs. Additionally, with a valid battery subscription, VinFast bears responsibility for battery repairs, maintenance, and replacement costs to provide customers with a worry-free experience for the life of the vehicle.
Advantages of Battery Subscription as per Vinfast
- Affordability – Significantly reduces initial vehicle costs
- Peace of Mind – VinFast covers batteries with a vehicle lifetime warranty, meaning VinFast maintains responsibility for all battery repairs, maintenance, and replacement costs throughout the life of the vehicle. Batteries are replaced when charging capacity drops below 70%.
- Sustainability – VinFast is committed to finding solutions to eliminate unnecessary hazardous battery waste by developing programs to reuse or recycle all uninstalled batteries.
- They offer 2 plans namely, The Fixed Plan and The Flexible Plan
What is Battery Subscription for Electric Vehicle (EV)? Simplified. How Do Fixed Plan and Flexible Plan Differ?
Fixed Plan – VinFast’s Fixed Plan is designed for range lovers. It includes unlimited mileage in the monthly battery subscription for peace of mind.
Flexible Plan – The Flexible Plan is designed for customers who travel infrequently. The plan provides a monthly mileage of 310 miles. Anything over 310 miles is charged separately on a per-mile basis.
Current Prices of VinFast Vehicles with Battery Subscriptions
VinFast AF8 Midsize eSUV – From $40,700* + monthly battery subscription
VinFast AF9 Signature Full Size eSUV – From $55,500* + monthly battery subscription
An insight into Electric Vehicle (EV) Batteries
The most pricey, crucial, and, most importantly, contentious component of an electric vehicle is its battery. Batteries are the primary source of criticism for electric vehicles, according to their detractors, who also point out that they are expensive, have a short lifespan, require frequent repairs, and have a limited range.
In the beginning, the majority of these might have been true, but technology has advanced, and the newest models of EVs are considerably more efficient.
There are currently three forms of batteries in use: cylindrical, prismatic, and pouch. Each has its benefits and drawbacks.
Tesla uses cylindrical cells, and their key advantages are manufacturing maturity and excellent manufacturing optimization. Additionally, it is the least expensive choice with the best efficiency.
The prismatic cells used by BMW and Volkswagen are more compact, easier to cool, and cheaper to produce, but they have issues with energy density and the number of charge and discharge cycles.
Pouche batteries are the most adaptable in terms of individual module design and capacity used by Nissan, Renault, and Chevrolet, but temperature and pressure must be properly managed. Source: evexpert.eu
EV Battery life expectancy, According to evexpert.eu,
“The Tesla Model S offers for its batteries a warranty of 8 years. In addition, it is estimated that lithium batteries together with solar panels have a lifespan of more than 20 years.
Infographic “Tesla Powerwall: Facts about the Battery System” from STROM-REPORT.de
Nissan LEAF, which sold more than 250,000 cars between 2010 and 2016, only had to replace 0.01% of the batteries due to internal defects. Many cars covered more than 200,000 kilometers and retained 90% of the battery capacity during that time.“
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