TVS Motor Company has introduced a new Battery-As-A-Service (BaaS) ownership model across its electric scooter portfolio, aimed at lowering the upfront cost of EV ownership while offering flexible payment options to customers.
Under the BaaS model, the battery cost is separated from the scooter’s purchase price. This allows buyers to pay a significantly lower upfront amount for the vehicle and subscribe to battery usage through a monthly plan instead of purchasing it outright. With this structure in place, TVS’ electric scooter lineup now starts at ₹49,999 (ex-showroom Delhi, inclusive of PM e-Drive), making it the most accessible entry point for the brand’s EV range so far.
The company says the BaaS model has been designed to simplify the transition to electric mobility by giving customers a clearer understanding of both the purchase cost and the running cost of an EV. Monthly subscription plans under BaaS start at ₹862, and include extended battery warranty coverage of up to five years or 70,000 km, along with unlimited monthly usage during the chosen subscription tenure.
TVS states that the model will also provide long-term battery assurance, addressing one of the most common concerns associated with EV ownership.
The announcement coincides with the launch of the TVS Orbiter V1, a new entry-level electric scooter powered by a 1.8 kWh battery, which becomes the most affordable model in the brand’s EV lineup under the BaaS scheme. Customers who prefer a conventional ownership format can also purchase the scooter without the battery subscription at ₹84,500 (ex-showroom Delhi).
With BaaS now available across its electric scooter range, TVS aims to broaden EV adoption by offering greater flexibility and reducing the initial financial barrier for buyers.
