Overview
- Mahindra announced on Friday that its Battery‑as‑a‑Service programme now covers every variant of the BE 6 Sporteq, XEV 9S and XEV 9e.
- Under the rollout Mahindra advertises entry ex‑showroom prices of Rs 11.45 lakh for the BE 6 Sporteq, Rs 12.65 lakh for the XEV 9S and Rs 13.90 lakh for the XEV 9e.
- The company quotes a battery EMI starting at Rs 6,975 per month and an effective battery cost of Rs 3.75 per km, a figure calculated using a 60 km-per-day usage assumption and a specific down payment.
- BaaS is structured as a dual‑loan finance product where the vehicle and battery are financed separately through third‑party lenders, not as a pay‑per‑use plan, and final EMI and approval rest with the financier.
- The expansion sharpened price competition in the electric SUV segment and will matter to buyers because the advertised figures exclude charging, charger cost, maintenance, repairs, taxes, insurance and other statutory charges, so total ownership costs will vary by usage and finance choices.