EV ownership cost rises with battery-as-service
NEW DELHI: A Tata Punch EV priced at Rs 9.7 lakh can be driven home for Rs 6.5 lakh under a battery financing plan. Hyundai’s Creta Electric falls from Rs 18 lakh to Rs 11 lakh, while Maruti’s Grand Vitara EV becomes cheaper by almost Rs 8 lakh upfront.Those headline reductions are turning Battery-as-a-Service (BaaS)…