JSW MG Motor India Wins ‘Innovative EV Technology of the Year’ for BaaS

Varahi media.com online news, National, November 28th, 2024: JSW MG Motor India has been awarded the ‘Innovative EV Technology of the Year’ at the Times Drive

Varahi media.com online news, National, November 28th, 2024: JSW MG Motor India has been awarded the ‘Innovative EV Technology of the Year’ at the Times Drive Green Awards for introducing Battery-As-A-Service (BaaS) to the Indian electric vehicle (EV) market. The award was presented by Nitin Gadkari, the Honorable Minister of Road, Transport, and Highways of India.

The BaaS program offers a pioneering approach to EV ownership, making it easier for customers to transition to electric vehicles. This flexible ownership model eliminates the upfront battery cost, allowing customers to pay only for the battery’s usage. Essentially, buyers pay a small fee based on the kilometres driven, similar to fuel charges for conventional vehicles.

Reduces Initial Cost: No upfront battery cost for the customer.
Pay-As-You-Go: A fee per kilometre driven, reducing overall costs.
Affordable Ownership: Lower per-kilometre expense ensures hassle-free ownership.
BaaS Pricing Across MG EV Range
MG Comet EV: Starting at ₹4.99 Lakh + Battery Rental @ ₹2.5/km*
MG ZS EV: Starting at ₹13.99 Lakh + Battery Rental @ ₹4.5/km*
Initially introduced with the MG Windsor, the BaaS model is now available across MG’s entire EV portfolio, making it a game-changer for prospective EV owners.

At the same awards ceremony, the MG Windsor EV was honored with the prestigious ‘EV Car of the Year’ award, adding another milestone to the company’s success in the Indian EV space.

By offering BaaS, JSW MG Motor India is making electric vehicle ownership more affordable and accessible to a wider audience, setting new standards in the Indian EV market. With its groundbreaking solutions, MG continues to lead the charge in transforming India’s electric mobility landscape.

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