Battery-as-a-Service (BaaS) Gains Traction in India's EV Market to Lower Costs
Battery-as-a-Service Model Expands EV Accessibility in India

Battery-as-a-Service (BaaS) Revolutionizes India's Electric Vehicle Landscape

Battery-as-a-Service (BaaS) is rapidly emerging as an innovative alternative ownership model in India's burgeoning electric vehicle (EV) market. This system is strategically designed to reduce the significant upfront cost barrier that often deters potential buyers from adopting electric mobility. By decoupling the battery cost from the vehicle price, BaaS allows consumers to purchase an EV at a substantially lower initial investment while paying for the battery through flexible subscription or usage-based fees.

How BaaS Enhances EV Accessibility

The core objective of the BaaS model is to make electric vehicles more financially accessible to a broader segment of the Indian population. Several manufacturers have already introduced BaaS programs for select electric cars as part of concerted efforts to accelerate EV adoption across the country. These schemes empower customers with multiple payment options, including monthly subscriptions or pay-per-kilometre plans, which not only lower the purchase price but may also encompass essential services related to battery maintenance, support, and future upgrades.

Although BaaS remains a relatively novel concept in the Indian passenger vehicle sector, it is generating considerable interest among buyers who seek lower entry costs for transitioning to electric mobility. Currently, the availability of this option is limited to specific models from certain manufacturers, reflecting its early-stage adoption. Below, we explore all the electric vehicles in India that currently offer BaaS schemes, providing detailed insights into their pricing and features.

Electric Vehicles Available with BaaS in India

1. MG Comet EV

Price: Rs 4.92 lakh (with BaaS) @ Rs 3.2 per km

The MG Comet EV leads the list with a starting price of Rs 4.92 lakh under the BaaS scheme, which reduces the vehicle's cost by Rs 2.71 lakh. Buyers opting for this model must pay a battery subscription fee of Rs 3.2 per kilometre. Available in five variants—Executive, Excite, Excite Fast Charge, Exclusive, and Exclusive Fast Charge—the Comet EV is equipped with a 17.3kWh battery pack and a single electric motor delivering 42hp and 110Nm of torque to the rear wheels.

Key features include:

  • IP67-rated battery with an ARAI-certified range of 230km
  • Dual 10.25-inch screens for infotainment and instrumentation
  • Wireless Android Auto and Apple CarPlay connectivity
  • Over 55 connected car features
  • Safety systems: ABS, EBD, tyre pressure monitoring, reverse camera, dual front airbags, ESC, and hill-hold assist

2. Tata Punch EV

Price: Rs 6.49 lakh (with BaaS) @ Rs 2.6 per km

The newly launched Tata Punch EV offers a BaaS starting price of Rs 6.49 lakh, reducing the upfront cost by Rs 3.20 lakh. Customers pay a battery rental fee of Rs 2.6 per km. This EV comes in five variants: Smart, Smart Plus, Adventure, Empowered, and Empowered Plus S. Non-BaaS variants range from Rs 9.69 lakh to Rs 12.59 lakh (ex-showroom).

Notable specifications:

  • Two battery options: 30 kWh and 40 kWh
  • ARAI-certified range of 468km for the larger pack, with a real-world range of 355km
  • 65kW DC fast charging capability, achieving 20-80% charge in 26 minutes

3. MG Windsor EV

Price: Rs 9.99 lakh (with BaaS) @ Rs 3.9 per km

The popular MG Windsor EV starts at Rs 9.99 lakh under BaaS, with two battery pack options: 38 kWh and 52.9 kWh. Subscription rates are Rs 3.9 per km for the smaller pack and Rs 4.5 per km for the larger one. Both packs are paired with a single e-motor producing 136hp and 200Nm of torque.

Feature highlights:

  • 15.6-inch touchscreen infotainment and 8.8-inch digital instrument cluster
  • Wireless Android Auto/Apple CarPlay, wireless charging, ventilated front seats
  • Advanced charging tech: vehicle-to-load (V2L) and vehicle-to-vehicle (V2V) functionality
  • Safety: six airbags, ABS with EBD, ESC, and a 360-degree camera

4. Maruti Suzuki e-Vitara

Price: Rs 10.99 lakh (with BaaS) @ Rs 3.99 per km

The newly launched Maruti Suzuki e-Vitara is priced from Rs 10.99 lakh with BaaS, offering two battery packs: 49 kWh and 61 kWh. Subscription fees are Rs 3.99 per km for the smaller pack and Rs 4.39 per km for the larger one, utilizing LFP 'blade' cells from BYD.

Performance details:

  • 49kWh battery with 144hp motor; 61kWh battery with 174hp motor
  • Claimed ranges: 440km for 49 kWh, 543km for 61 kWh
  • Both motors produce 189Nm of torque

5. MG ZS EV

Price: Rs 13 lakh (with BaaS) @ Rs 4.5 per km

The MG ZS EV rounds out the list with a starting price of Rs 13 lakh under BaaS at Rs 4.5 per km. It features a 50.3kWh battery pack and a front-axle-mounted electric motor generating 176hp and 280Nm, with a claimed range of 461km.

Charging capabilities:

  • 7.4kW AC wall box charger: 0-100% in 8.5-9 hours
  • 50kW DC fast charger: 0-80% in 60 minutes

In summary, the BaaS model is poised to play a pivotal role in democratizing electric vehicle ownership in India by addressing cost concerns. As more manufacturers potentially adopt this approach, it could significantly accelerate the transition to sustainable mobility, making EVs a viable option for a wider audience seeking affordable and flexible solutions.