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EVs With BAAS, Ultimate Guide to Battery as a Service Model in India( Photo Credit : File Photo)
Gurgaon (Haryana)
However, many are still not aware of the importance of this model. So, this post will serve as a guide to the EV with a battery subscription model.
Overview of EV with BAAS
An EV with a BAAS model is an electric scooter where the battery is delinked from the vehicle’s body. You might be wondering, “Why is it delinked”?
The battery is delinked from the electric scooter in order to offer better flexibility and affordability to the consumers. This approach lets them subscribe to the battery separately in lieu of a monthly charge. It reduces the upfront vehicle costs as the battery takes over 40 to 50% of the scooter’s cost. Therefore, the EV with a battery subscription model is the most economical option for people who are opting for electric mobility.
The main objective behind this model is to encourage today’s young consumers to embrace the idea and save big! As the battery stands as an integral part of the EV, it needs more maintenance. When the battery is given on a lease, the company will take charge of maintenance. This transformative innovation will make electric mobility a highly accessible and more cost-effective option than before. It will be the go-to mobility preference for the common family man and small entrepreneurs.
Lectrix EV has come up with this revolutionary approach with its newest EV model with a battery subscription model. The LXS 2.0 is priced at only Rs.49,999. Purchasing the model, you will save huge upfront costs.
Battery Subscription Model: How Does It Work?
The EV with battery subscription model works by delinking the battery, where consumers have to subscribe to the battery separately. They do not have to purchase the battery with the EV or pay for it. They just need to subscribe for the battery separately. It usually comes with a monthly subscription for this model. It is known as the Battery as a Service (BaaS) model. The consumer has to pay for the service on a monthly basis.
Lectrix EV offers a battery subscription model that comes with a monthly fixed fee of Rs 1499 with an introductory offer of Rs 999 per month. Consumers only need to pay the monthly fee and enjoy all the benefits.
EV with Battery Subscription Models Vs ICE Petrol Vehicles
When you compare EVs with batteries on subscription models with ICE petrol vehicles, you can see the huge difference in the total cost of ownership (TCO). Your TCO can be reduced by 40% compared to an ICE vehicle.
Consumers will save up to Rs. 1.5 lakh for over 5 years investing in the electric scooter with a battery subscription model. The total cost of ownership with this model will cost you Rs. 1.82 lakhs. But, the total cost of ownership with petrol will charge you Rs. 3.39 lakhs. This is a huge expense in case of a fuel-driven vehicle.
Also, the price of petrol is always increasing. But the battery subscription comes with a fixed price. Consumers will even get rid of waiting for a longer time in queues at gas stations for petrol. The EV with a battery subscription model also comes with battery swapping, where the consumers will get a fully charged battery in just six seconds at the swap station.
Moreover, the battery subscription vehicle models are integrated with smart mobile apps. The consumers can easily know their battery status and level. They can plan their next stoppage to charge their vehicle accordingly. You will no longer have to worry about running out of petrol unexpectedly. So, now you can say goodbye to the hassles with petrol vehicles. You will get rid of skyrocketing petrol costs and enjoy hassle-free electric mobility.
What’s Best About EV with Battery Subscription Model?
Zero Maintenance
With an EV with a BAAS model, you won’t face any battery maintenance hassles or costs. The company will take charge of the entire battery system, saving you great costs, effort, and money.
Free Replacement
Companies offering battery subscription models will also cover the replacement. The battery system will cover it, and you will get free battery replacement.
Enjoy Unlimited Kms
The vehicle with a battery subscription comes with a lifetime battery warranty. Enjoy unlimited kms on this Lectrix electric scooter.
Summing It Up!
So, this was your complete guide to EVs with the latest battery subscription model. It will be the best choice for today’s generation of riders. With its incredible benefits, you can save more. If you are ready to purchase, check out the latest model of Lectrix EV.