Go Farther With Fēnix Power

The Fēnix Subscription

We’re thrilled to announce our highly anticipated piece of the Fēnix battery promise: our subscription.

We’ve been working hard on a variety of approaches to deliver on our commitment to affordability. Affordability requires a balance between our monthly subscription cost and the duration of our customer’s commitment to that subscription. After working through several possibilities, we opted for a shorter duration combined with a clear and simple monthly subscription cost. And unlike most leases or financing programs, there are no extra fees or costs, one installation fee, and a simple monthly payment. Our subscription works like this:

We start with the installation cost of $1,500 (for many of our early reservation holders, this is discounted, more on that below.) This cost covers shipping, our testing and inspection, our installer’s labor, and pack recycling return shipping. Our subscription covers the battery expense, our battery health monitoring, our no-cost, hassle-free degradation replacement guarantee for an affordable $150 per month for 24 months. We’ve decided to wrap your first month’s payment into your installation cost, so your first subscription payment starts on month 2. And at the end of those 24 months, you can either convert your subscription into our next generation Fēnix developed battery’s subscription, or continue our replacement protection indefinitely for an affordable $14.99 per month.

It’s important to note that customers opting for a CPO Nissan pack still hold their place in the reservation line for the Fēnix next-generation replacement pack that we have in development. And for a subscriber, there’s no second installation cost to convert to our Fēnix battery later. Our subscribers get both a worry-free battery experience, but they also get a no-cost step into the new technology when it’s ready for the public. Now, not everyone will opt for our subscription to access the CPO Nissan packs, and that’s ok. We have an optional cash-purchase option. Our all-inclusive cash purchase option will pay for the new pack, the labor of the installation, and include a limited degradation warranty similar to what our subscribers will enjoy. And similar to a subscriber starting on year 3, a cash-purchase customer can opt-in to our indefinite degradation warranty for our low $14.99 per month subscription after their initial performance guarantee period ends.

Here’s how all those costs break down:

  • Standard Install with Subscription:
    • $1,500 installation (minus pre-order reservation discounts.)
    • $150/month for 2 years for a 24kWh battery and 2 bar loss warranty.
    • $14.99/month to continue the subscription + guarantee after 2 years.
    • Includes installation cost for our Fēnix battery later.
  • Cash Install with Subscription:
    • $1,500 installation (minus pre-order reservation discounts.)
    • $2,499 battery purchase, includes an old pack recycling fee.
    • $14.99/month for a 24kWh battery and 2 bar loss warranty.
    • Includes installation cost for our Fēnix battery later.
  • Cash Install without Subscription:
    • $1,500 installation (minus pre-order reservation discounts.)
    • $2,499 battery purchase, includes an old pack recycling fee.
    • 6-Month limited 2 bar loss warranty.
    • Does not include install cost for Fēnix battery later.

Customers opting out of this CPO pack option and prefer to wait for our Fēnix battery later will retain any pre-order discounts they were offered when they placed their deposit.

If you have an early reservation, here is how your $1,500 discount works: When you placed your deposit, our system created two orders, one for the reservation, and one for the installation cost. If you log into our system, you should still see the second order in our system with the status of “Pending Payment”, that order should reflect your installation cost balance. This can be anywhere from $150 to $1350 depending on how early you placed your reservation. When we launch subscription signups, this is all that is due in order to schedule the installation! We’ll take care of the rest.

We’re working with our new capital partner CLS to implement the infrastructure to launch our subscription service and will be sharing more details on them as they complete. We expect to start launching subscription signups by mid-July!