New Delhi: JSW MG Motor India has announced the extension of its groundbreaking Battery-as-a-Service (BaaS) program to include the popular Comet EV and ZS EV models. Initially launched with the MG Windsor, this unique program allows customers to purchase an electric vehicle at a significantly reduced upfront cost and pay a nominal fee per kilometre for battery usage.
Affordable EV Ownership with BaaS
Under the BaaS program, the MG Comet EV is now available at a starting price of ₹4.99 lakh with a battery rental fee of ₹2.5 per km. Similarly, the MG ZS EV starts at ₹13.99 lakh with a battery rental fee of ₹4.5 per km. This innovative approach makes EV ownership more accessible and budget-friendly for a broader audience.
Assured Buyback Value
In addition to the cost-effective battery rental model, customers can also benefit from an assured 60% buyback value after three years of ownership. This feature provides peace of mind and confidence in the long-term value of their investment.
Statements from Leadership
Satinder Singh Bajwa, Chief Commercial Officer of JSW MG Motor India, expressed his enthusiasm for the program:
“With BaaS, we have created a platform for easy ownership, making our EVs more accessible than ever. Given the strong response to Windsor under the BaaS program, we are now extending its benefits to our popular EV models, the Comet and ZS. I am confident that this unique ownership model will further boost EV adoption in the country.”
Robust Financial Support
The introduction of the BaaS program is backed by a robust network of finance partners, including Bajaj Finserv, Hero Fincorp, Vidyut, and Ecofy Autovert. This strategic collaboration ensures a seamless and hassle-free experience for customers across the country, making the transition to electric mobility smoother.
Vehicle Highlights
- MG Comet EV: Known for its compact exterior and spacious interior, the Comet EV offers a certified range of 230 km on a single charge and features over 55 i-SMART functionalities.
- MG ZS EV: This model comes with a 50.3 kWh battery pack and provides a certified driving range of 461 km on a single charge.
With these enhancements, JSW MG Motor India is set to redefine the electric vehicle market, making sustainable mobility more accessible and appealing to a wider audience.
