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Hangzhou leases EVs charged by hours

HANGZHOU, Zhejiang – The first EV leasing project in the Liangchu Village in Hanghzou provides rental services that charge the users at ¥29 ($4.5) per hour, reported

So far the project includes 11 Zotye 5008EV and the rental services are only open to residents in the village. More than 200 villagers have become members of the project.

According to one of the members surnamed Pang, the rental procedures are simple and only take 10 minutes to complete.

Li Xiangguo, who is in charge of the project, said the actual rental fee is ¥30 per hour with an additional insurance fee of ¥4. As Hangzhou local government has provided incentives to encourage EV adoption, so the final cost is cut by ¥5 to ¥29.

The service hour is between 6 am and 10 pm every day and these electric cars are recharged at night time.

The project has been popular since it was started on June 18 and every day there are around 100 calls for reservation, according to Li.

There are a few shortcomings of the project, according to Mr. Pang. One is that the drive range is only limited to 150 km. He also thinks the interior of these EVs is not classy, which is not quite suitable for business use.

Li said his company is planning to expand the project by adding more vehicles and service stops so that it will be more convenient for clients to rent and return the cars.

Earlier reports said Hangzhou is planning to lease 20,000 electric vehicles in two years with the monthly rental set below ¥1,000.

The massive leasing project to be started in August will first deploy 100 two-seater electric cars made by Zhejiang Kandi Vehicles Co., a local manufacturer of special-purpose vehicles.

Hangzhou had constructed 5 charging stations, 62 battery swapping and delivery stations, and 620 charging poles by middle June. 

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