Can MG Motor's BaaS gambit pay off in India?
JSW MG Motor’s innovative Battery-as-a-Service threatens to create major disruption in the Indian electric car market by reducing the upfront price of an EV car by around 40%.
As electric vehicles (EVs) begin to capture the imagination of Indian car buyers, automakers are faced with a critical challenge: how to make EVs more affordable and practical in a cost-sensitive market. One potential solution is the Battery-as-a-Service (BaaS) model, which separates the cost of the battery from the vehicle, allowing consumers to pay for battery usage on a subscription basis or per kilometre driven. It is in this context that JSW MG Motor has become the first major car brand in India to offer battery as a service; but will it work?
In conventional EVs, the battery is ...
RELATED ARTICLES
Local Powertrain Manufacturing, Product Mix Change Drive 8.9 Percent Net Profit Growth at CNH India
In-house assembly at Pithampur yields a 20 percent engine procurement cost advantage as global supply chains face headwi...
JCB India Targets Farm Logistics, Bridging the Gap Between Tractors and Backhoes
JCB India eyes a 20,000-unit addressable agri-handling market to formalize farm-gate logistics with factory-built altern...
Wired for Growth
How a simple, highly personal mark of responsibility forged a legendary alliance with Bajaj Auto and built a multi-billi...



29 Sep 2024
Shahkar Abidi

Autocar Professional Bureau