Battery knowledge · Applications and market

Battery as a service

A business model in which the buyer of an electric vehicle pays for the car without its battery and rents the battery by subscription, lowering the purchase price and moving degradation risk to the provider. Renault leased the batteries of its early electric cars; NIO’s scheme, launched in 2020, pairs the model with battery swapping.

Abbreviation
BaaS
Also called
battery leasing, battery subscription

Example

Applications and market: an example situation

20 kWh total energy and a ten-second 100 kW peak constrain different design aspects.

Read Battery as a service alongside Battery swapping in this context. Replacing a vehicle’s depleted battery with a charged one at a station in a few minutes, so the battery is charged slowly and separately. It is used for taxis, two-wheelers and some trucks; it requires standardised packs and turns the battery into a shared, leased asset.

Use in Lemonergy

Start with mission energy, peak power and operating conditions.

This is a reference concept. No executable Lemonergy block has been verified for this term.

References & further reading

Further reading on this topic

These sources provide broader context; they are not presented as citations for every statement in this entry.

  1. DOE/EPRI 2013 Electricity Storage Handbook in Collaboration with NRECA

    Sandia National Laboratories · 2013

    Topic background · Storage technologies and grid services. The publisher notes that its historical cost and deployment figures are outdated.