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TATA Sierra for 11.99 Lakhs! Tata Motors Introduces BaaS for EVs, Reduces Prices
- •Tata Motors has launched a Battery-as-a-Service (BaaS) model across its electric car range, significantly reducing the upfront cost of EVs.
- •Under the BaaS model, customers pay for the car, while the battery is essentially rented with a monthly fee based on kilometers driven.
- •This makes the Tata Tiago EV available from 4.69 lakhs and the Tata Punch EV from 6.59 lakhs.
- •The 500 km range Tata Sierra EV can be brought home for 11.99 lakhs with BaaS, while the Tata Harrier EV starts at 14.49 lakhs.
- •The BaaS model benefits low-usage customers, allowing them to acquire an EV at a lower price and pay less for fewer kilometers driven.
Key Questions Answered
Under the BaaS model, the cost of the battery is separated from the car, allowing customers to purchase the vehicle at a lower price while renting the battery. Customers pay a monthly service fee based on the kilometers driven, such as 2 rupees per kilometer or up to 5 rupees for top variants, excluding charging, service, and repair expenses.
The Tata Sierra EV has a starting price of 11.99 lakh rupees with the BaaS option, down from its initial price of 18.79 lakh rupees. It features a 63kWh battery, offers a 500 km driving range, and incurs a battery usage charge of 5.5 rupees per kilometer.
With the BaaS model, the Tata Tiago EV starts at 4.69 lakh rupees with a battery usage charge of 2.6 rupees per kilometer for its 19kWh battery. Similarly, the Tata Punch EV's starting price drops to 6.59 lakh rupees, also featuring a battery usage charge of 2.6 rupees per kilometer.
