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Vidyut Introduces Battery-as-a-Service for Passenger Cars Bengaluru-based startup Vidyut has expanded its Battery-as-a-Service (BaaS) portfolio to passenger cars, partnering with JSW MG Motor India. This initiative introduces a pay-as-you-go battery rental model for the MG Comet EV, MG Windsor EV, and MG ZS EV, starting at ₹2.5 per kilometre. Customers can reduce running costs by up to 40% compared to traditional vehicles. Story Insights by Mansi Singh Bengaluru-based startup Vidyut has expanded its Battery-as-a-Service (BaaS) portfolio to passenger cars to address the high upfront costs associated with electric vehicles (EVs) and to promote wider adoption of EV technology. This initiative will lead to a more accessible ownership model, significantly reducing running expenses and making EVs financially viable for a larger segment of the population. By enabling customers to rent batteries based on usage, Vidyut is contributing to the transition towards cleaner transportation, which is crucial for reducing greenhouse gas emissions both in India and globally. This innovative rental model not only enhances affordability but also creates opportunities for increased investment in the EV ecosystem, paving the way for sustainable urban mobility solutions and a more environmentally friendly future.   To learn more about this Einfews story, please visit: https://shorturl.at/Opaqv For more Einfews stories on the power sector, visit Eninrac’s Einfews:  https://bit.ly/3OcLLXY To subscribe for more updates, email us at: connect@eninrac.com #Battery-as-a-Service, #BaaS, #JSW, #MGMotoIndia, #MGWindsorEV

Vidyut Introduces Battery-as-a-Service for Passenger Cars Insight

Vidyut Introduces Battery-as-a-Service for Passenger Cars Insight

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