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MG Motor Windsor EV: All you need to know about the battery subscription plan

Moneycontrol News | September 14, 2024 / 18:57 IST
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JSW MG Motor India is introducing an innovative ownership plan through Battery-as-a-Service (BaaS) offering
JSW MG Motor India is introducing an innovative ownership plan through Battery-as-a-Service (BaaS) offering.
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In the BAAS program, you pay for battery usage which starts from ₹3.5 per km (excluding charging cost). This cost is separate from the initial payment for the remaining vehicle cost (minus battery).
In the BAAS program, you pay for battery usage which starts from ₹3.5 per km (excluding charging cost). This cost is separate from the initial payment for the remaining vehicle cost (minus battery).
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There is no additional cost except for a nominal charging cost calculated at approx. Rs1 per km​
There is no additional cost except for a nominal charging cost calculated at approx. Rs1 per km​.
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 There are easy exit options provided by respective financiers​
There are easy exit options provided by respective financiers​.
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JSW MG Motor India is also introducing its 3-60 assured buyback plan for the Windsor which ensures that it will retain 60% of its value after 3 years/45,000kms
JSW MG Motor India is also introducing its 3-60 assured buyback plan for the Windsor which ensures that it will retain 60% of its value after 3 years/45,000kms.
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The interest and principal both components constitute the battery rentals.
The interest and principal both components constitute the battery rentals.
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Telematics device would be installed on the vehicle through which monthly Kms driven would be tracked basis different programs offered by respective finance partners.
Telematics device would be installed on the vehicle through which monthly Kms driven would be tracked basis different programs offered by respective finance partners.

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