Auto latest news

Electric Scooters Under ₹50,000: Bring Home TVS Motor Company and Hero MotoCorp EVs with BaaS Battery Plan

Best Electric Scooters: The world of electric vehicles has completely transformed the Indian market. Now, you don’t need to spend ₹1 lakh to own a scooter with excellent range and high-tech features. Leading companies like TVS and Hero Vida have introduced the Battery-as-a-Service (BaaS) model, allowing you to own an EV starting at just under ₹50,000. In this model, you pay for the body of the scooter but pay for the battery based on monthly rental or usage. Let’s explore in detail the features, range, and battery subscription plans of these powerful scooters under ₹50,000.

What is the BaaS model and why is it beneficial

BaaS is a revolutionary technology that has brought electric scooters within reach of the common man. In fact, the battery accounts for approximately 40% to 50% of an electric scooter’s total cost. Under the BaaS model, companies deduct the battery cost from the scooter’s initial price, significantly reducing the showroom price. Customers simply pay a small monthly subscription or usage-based fee. The biggest advantage is that the company, not you, is responsible for battery life, health, or wear and tear. This is similar to subscribing to cable TV or an OTT platform at home.

Hero Vida VX2 Go

Vida, the electric arm of Hero MotoCorp, has launched its most affordable model, the Hero Vida VX2 Go, to create a stir in the budget segment. With a BaaS model, the scooter’s ex-showroom price starts at just ₹44,990. In terms of performance, it features a 2.2 kWh removable battery pack, which can be charged anywhere like a phone.

Once fully charged, it offers a remarkable range of up to 92 kilometers. Its top speed is 70 km/h, and it offers driving modes like Eco and Ride. Customers pay approximately ₹1.25 per kilometer for the battery charge for the Vida VX2 Go. It’s also not far behind in terms of features, boasting a 4.3-inch LCD display, Bluetooth connectivity, and a large 33.2-liter boot space.

TVS Orbiter V1

TVS Motor Company recently surprised everyone by launching its high-tech electric scooter, the TVS Orbiter V1, with a BaaS scheme. Its ex-showroom price starts at just ₹49,999. The most important feature of this TVS plan is that after purchasing the scooter, customers need to take a monthly subscription of ₹862 for the battery. You can ride as much as you want under this plan, as TVS has not imposed any kilometer restrictions.

TVS is also offering a 5-year or 70,000-kilometer battery warranty with this plan. The Orbiter V1 is powered by a 1.8 kWh battery that offers a range of 86 kilometers. It offers premium features like a color LCD display, turn-by-turn navigation, and cruise control, which are typically found on more expensive scooters.

Verified SourceGoogle Newstimesbull.com✓ Trusted