What is the Lease-to-Own Model for New Energy Vehicles?
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The act of leasing new energy vehicles as the subject matter is referred to as new energy vehicle leasing. There are primarily three models. Lease-Sale Model: This is a lease-sale approach promoted by automakers and smart vehicle technology companies. It is divided into two forms: lease-to-own and contract leasing. It serves as both an important means for automakers to boost sales of new energy vehicles and a starting point for smart vehicle technology companies to collect user big data, enabling smooth mathematical modeling and artificial intelligence. It will effectively accelerate technological innovation and product upgrades in new energy vehicles. Financial Leasing Model: This is divided into direct leasing and sale-leaseback forms. It aligns with the capital-intensive nature of the new energy vehicle industry. For automakers, financial leasing companies help clear inventory to secure cash flow for expanded production. For car rental companies, financial leasing enables the expansion of rental fleets to achieve broader market coverage and growth. Battery Leasing Model: Battery technology firms and power companies are key participants in the new energy vehicle industry. Battery leasing services not only reduce the sales price of new energy vehicles but also enhance their convenience of use. Additionally, they redistribute some benefits to battery manufacturers and power companies, fostering collaborative development across the industry.