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EV with BaaS: Save Rs 1.64 Lakh in 5 Years? A Detailed Calculation
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EV with BaaS: Save Rs 1.64 Lakh in 5 Years? A Detailed Calculation
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News18
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23-02-2026, 16:22
EV with BaaS: Save Rs 1.64 Lakh in 5 Years? A Detailed Calculation
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BaaS (Battery as a Service) reduces upfront EV cost by 30-40%, with a per-kilometer battery fee.
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A 5-year calculation for Tata Punch EV shows BaaS saves ₹1.64 Lakh compared to full ownership for average users (12,000 km/year).
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BaaS offers lower EMIs, zero battery worries (degradation, replacement handled by company), and flexibility.
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Full ownership becomes more cost-effective after 1.23 Lakh km, suitable for high-mileage users keeping the car long-term.
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BaaS is ideal for average city drivers planning to change cars in 5-7 years; full ownership for high-mileage, long-term users.
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