₹4,69,000 EVs this Diwali? 5 electric cars get massive price cuts, but there’s a catch
Five EVs are being offered at lower upfront prices through Battery-as-a-Service this Diwali, with savings of up to ₹7.04 lakh. But buyers still pay a per-km battery rental.
- Oct 3, 2026,
- Updated Oct 3, 2026 6:15 AM IST

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Battery Break
Battery-as-a-Service changes the upfront EV equation by separating the battery cost from the car price. This festive season, the model is being used across five EVs, with claimed upfront savings ranging from ₹2.30 lakh to ₹7.04 lakh.

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Creta Shock
The Hyundai Creta Electric carries the biggest claimed upfront reduction in this list. Its BaaS price starts at ₹10.99 lakh versus ₹18.03 lakh for the complete car, creating a ₹7.04 lakh difference before the ongoing battery rental cost.

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Maruti Move
Maruti Suzuki's first electric SUV, the e Vitara, enters the BaaS race at ₹10.99 lakh for the Delta 49kWh version. The battery rental is ₹3.99 per km, while the claimed range reaches 400 km with the smaller battery.

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Tiago Surprise
The Tata Tiago EV takes the BaaS concept into a much lower price bracket, with an advertised starting price of ₹4.69 lakh. The battery rental is ₹2.60 per km, while the listed range goes up to 280 km.

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Comet Saver
For buyers focused on city driving, the MG Comet EV is listed at ₹4.99 lakh under the BaaS model, compared with ₹7.63 lakh without it. Its compact 4-seater format and ₹3.20-per-km battery rental make the numbers worth examining.

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Punch Equation
The Tata Punch EV is listed at ₹6.49 lakh under BaaS, compared with ₹9.69 lakh for the complete car. That means a claimed ₹3.20 lakh upfront difference, while the battery rental is around ₹2.60 per km.

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Rental Catch
The lower sticker price does not mean the battery becomes free. Buyers still pay a per-kilometre rental, ranging from ₹2.60 for the Tata models to ₹3.99 for the e Vitara, so the real ownership cost depends on how much you drive.
