MG Motor India has revised the pricing of its popular electric vehicles, the MG Comet EV and MG ZS EV, under the newly introduced Battery as a Service (BaaS) program. This unique ownership model offers customers the flexibility to buy the car and rent the battery separately, making EV ownership more accessible and affordable. The MG Comet EV now starts at an attractive price of ₹ 4.99 lakh, while the MG ZS EV is priced from ₹ 13.99 lakh (ex-showroom), with additional battery rental fees per kilometer.
MG’s BaaS Program: A Game-Changer for EV Ownership
The BaaS program was initially launched with the MG Windsor, receiving a positive response, prompting MG Motor to extend it to the Comet EV and ZS EV models. Under this program, buyers can bring home the MG Comet EV and pay just₹ 2.5 per km for battery rental, while the ZS EV offers a similar structure with₹ 4.5 per km for battery usage. This innovative approach reduces the upfront cost of purchasing electric cars and makes it easier for customers to transition to electric vehicles.
Flexible Ownership with Buyback Assurance
In addition to the BaaS model, customers can benefit from an assured 60% buyback value after three years, giving peace of mind and confidence to EV owners. This initiative further strengthens MG’s commitment to boosting the adoption of EV cars by offering a convenient and flexible ownership experience.
Strong Financial Support for EV Buyers
To ensure a seamless transition to electric mobility, MG Motor India has partnered with a range of auto finance companies, including Bajaj Finserv, Hero Fincorp, Vidyut, and Ecofy Autovert. These collaborations make car finance options more accessible to customers, providing competitive loans and finance schemes to suit different needs.
MG Comet EV and ZS EV: Range and Performance
The MG Comet EV offers a certified range of 230 km on a single charge, making it an ideal choice for city commuters. On the other hand, the MG ZS EV, equipped with a larger 50.3 kWh battery pack, provides a claimed range of 461 km, positioning it as a strong contender among electric SUVs in the market.
Conclusion
With the introduction of the BaaS program and competitive pricing, MG Motor is making it easier for buyers to switch to electric vehicles. The flexible battery rental scheme, coupled with a robust car finance network, ensures that EV ownership is more affordable and hassle-free. The MG Comet EV and MG ZS EV are set to become popular choices for environmentally conscious drivers in India.
