Tata Nexon, Sierra, Harrier and Curvv EVs now available with BaaS

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Tata Motors has extended its Battery-as-a-Service (BaaS) scheme to the  and . The option, previously available only with the  and   is now offered across Tata’s entire electric car range.

Under BaaS, the battery is paid for separately from the car, reducing the upfront price. The monthly battery payment depends on the battery size, down payment and loan tenure.

  1. BaaS expands to Tata’s full six-model EV range
  2. Battery payments are charged separately from the car
  3. BaaS drops upfront cost: starting prices are up to Rs 7.30 lakh lower 

Tata EV BaaS prices

BaaS scheme results in an upfront saving of up to Rs 7.30 lakh

Model Battery Non-BaaS price BaaS price* Upfront saving Usage cost*
Tiago EV 19kWh Rs 6.99 lakh Rs 4.69 lakh Rs 2.30 lakh Rs 2.6/km
Punch EV 30kWh Rs 9.79 lakh Rs 6.59 lakh Rs 3.20 lakh Rs 2.6/km
Nexon EV 45kWh Rs 14.34 lakh Rs 8.99 lakh Rs 5.35 lakh Rs 4.4/km
Curvv EV 55kWh Rs 17.19 lakh Rs 10.99 lakh Rs 6.20 lakh Rs 5/km
Sierra EV 63kWh Rs 18.79 lakh Rs 11.99 lakh Rs 6.80 lakh Rs 5.5/km
Harrier EV 65kWh Rs 21.79 lakh Rs 14.49 lakh Rs 7.30 lakh Rs 5.9/km

*Entry-trim prices; based on 60km daily use (44km for Tiago EV), excluding charging.

 

The BaaS option cuts the starting price of Tata’s EVs by Rs 2.30 lakh to Rs 7.30 lakh, depending on the model. The Tiago EV sees the smallest reduction, at Rs 2.30 lakh, while the Harrier EV gets the largest, at Rs 7.30 lakh. The Nexon EV, Curvv EV and Sierra EV are Rs 5.35 lakh, Rs 6.20 lakh and Rs 6.80 lakh more affordable, respectively, with BaaS.

How Tata’s BaaS scheme works

Tata’s BaaS is a dual-loan finance product, with the vehicle and battery financed separately. The battery EMI varies depending on battery size, down payment and loan tenure. The battery payment does not include charging, maintenance, repairs or other associated costs. The BaaS prices listed above apply to entry-level variants for personal users and are based on an assumed daily running of 60km, except for the Tiago EV, for which Tata uses 44km per day. Government levies, road tax, insurance and TCS are also excluded.

Customers can also continue to buy Tata EVs with the battery included in the vehicle price, with BaaS offered as an alternative financing option.

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