Octillion Power Systems debuts new EV battery-leasing plan
Green Car Congress
AUGUST 6, 2020
Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Under the program, participating fleet operators will be allowed to source batteries through a five-year “lease-to-own” program, with no up-front payment. Access to the program will be on a first-come, first-served basis.
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