MG Motor, Tata Motors, Maruti Suzuki's BaaS Scheme Alters EV Pricing

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EV Revolution: BaaS Scheme Makes Electric Cars Affordable, Tata & Maruti Join MG

BaaS Scheme

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News18•22-02-2026, 11:10

EV Revolution: BaaS Scheme Makes Electric Cars Affordable, Tata & Maruti Join MG

•MG Motor India pioneered the Battery as a Service (BaaS) scheme in 2024 with the Windsor EV to tackle high battery costs.
•Tata Motors and Maruti Suzuki have now adopted BaaS for their EVs, launching models with significant upfront cost reductions.
•Tata's 'Twin EMI' scheme for the Punch EV facelift offers the car for ₹6.49 lakh + ₹2.6/km battery rental, saving ₹3.2 lakh upfront.
•Maruti's eVitara, with BaaS, starts at ₹10.99 lakh + ₹3.99/km battery rental, providing up to ₹5 lakh upfront savings.
•BaaS makes EVs more accessible by separating battery cost, improving resale value, and reducing concerns about battery degradation.

Read Full Article on News18 in Hindi

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