As global energy storage demand surges 47% year-over-year (Wood Mackenzie 2024), the $0.04/kWh battery leasing model with residual value recovery has sparked intense debate. Could this innovative approach finally break the capital-intensive shackles of battery deployment?
While global electric vehicle sales grew 35% in 2023, they still account for only 18% of total auto sales. The battery leasing model emerges as a potential solution to the $12,000 battery cost barrier. But does this financial innovation truly address the root causes of consumer hesitation?
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