Tata.ev has now made its Battery-as-a-Service (BaaS) option available across its entire electric car range in India. It was earlier offered only with the Tiago.ev and Punch.ev, but is now available with the Nexon.ev, Curvv.ev, Sierra.ev and Harrier.ev as well.
The idea is simple: instead of paying for the car and battery together, customers can finance the battery separately. This brings down the amount they need to pay upfront and gives them another way to buy an EV.
Under the BaaS plan, the battery cost is separated from the vehicle price. Here is how the starting prices compare:
| Model | Battery | Regular Price | BaaS Price | Battery Cost |
|---|---|---|---|---|
| Tiago.ev | 19 kWh | ₹6.99 lakh | ₹4.69 lakh | ₹2.6/km |
| Punch.ev | 30 kWh | ₹9.79 lakh | ₹6.59 lakh | ₹2.6/km |
| Nexon.ev | 45 kWh | ₹14.34 lakh | ₹8.99 lakh | ₹4.4/km |
| Curvv.ev | 55 kWh | ₹17.19 lakh | ₹10.99 lakh | ₹5/km |
| Sierra.ev | 63 kWh | ₹18.79 lakh | ₹11.99 lakh | ₹5.5/km |
| Harrier.ev | 65 kWh | ₹21.79 lakh | ₹14.49 lakh | ₹5.9/km |
The BaaS prices apply to the entry variants and are based on the usage assumptions mentioned by Tata.ev. The battery cost does not include charging, maintenance, repairs or other ownership expenses.
The car and battery are financed through separate loan accounts, with the battery payment depending on its size, down payment, and loan tenure.
Tata.ev has also tied up with multiple financiers, giving customers different financing options. Buyers can still choose to purchase the car normally, including the battery, if they prefer.
Also read: https://fly-wheel.com/george-russell-wins-chaotic-azerbaijan-gp-after-late-verstappen-fight/
With BaaS now available across its full EV range, Tata.ev is giving buyers more flexibility in how they pay for an electric car. The lower upfront prices could make its EVs easier to access, although customers will need to consider the additional battery financing cost and their usage before choosing between the two options.
BMW Group India has introduced MINI in Lucknow, expanding the brand’s presence in Uttar Pradesh.…
Royal Enfield has introduced the 125th Anniversary Edition Hypershift Classic 650 in India, celebrating 125…
MINI has launched the Cooper Oxford Edition in India at ₹55.50 lakh (ex-showroom). The limited-edition…
Mercedes-AMG has unveiled the all-electric GT SUV, developed in-house on the AMG.EA high-performance platform. It…
Audi India has launched the all-new Q3 at an introductory price of ₹51.99 lakh (ex-showroom).…
Stellantis has announced a fresh investment of around ₹4,000 crore in India as part of…