Starting in May, Japanese LEAF owners will be able to exchange their old batteries for refurbished ones. Nissan will initially offer 24 kWh refabricated batteries for ¥300,000 ($2,853) each. Prices for brand-new replacement batteries range from $6,182 for a 24 kWh battery to $7,800 for the 40 kWh version.

Nissan is using the battery-rebuilding capabilities of 4R Energy, a company established through a joint venture with Sumitomo.