Google now offers Ultra subscribers video generation with Veo 3.1 Lite at no extra credit cost

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Google has introduced a new video generation option, Veo 3.1 Lite, for its Ultra subscribers, allowing them to create videos without using additional credits. This model is positioned as a cost-effective alternative to the existing Veo 3.1 Fast, offering similar speed at a significantly lower price. Starting May 10, 2026, the Veo 3.1 Fast - Lower Priority will be replaced by the Lite version, providing users with more flexibility in their video projects.

Key Points

The new Veo 3.1 Lite model is available at no extra credit cost.

Veo 3.1 Lite is priced at less than half of the existing Veo 3.1 Fast model.

The current Veo 3.1 Fast option will be replaced on May 10, 2026.

Timeline

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Google now offers Ultra subscribers video generation with Veo 3.1 Lite at no extra credit cost | Trace