Under the BaaS scheme, the starting price of Creta Electric is Rs 10.99 lakh. However, for the battery, customers will have to pay a separate EMI of Rs 3.9 per kilometer.
Hyundai Motor India has now introduced the Creta Electric with Battery-as-a-Service (BaaS) model. Under this new scheme, customers can buy Creta Electric at a starting price of Rs 10.99 lakh (ex-showroom). However, the price of battery for this will be different and customers will have to pay battery EMI at the rate of Rs 3.9 per kilometer.
The biggest advantage of the BaaS model is that one does not have to spend a lot of money at once to buy an electric car and this makes buying an EV easier than before. Apart from this, integrated side foot step is also now provided in Creta Electric. Keeping in view the customer demand, the company has now started offering 7.4 kW wall box charger along with Home Charger (HC) variants. Apart from these changes, there has been no change in the design, features and battery options of Creta Electric. As before, it will be available in 42 kWh and 51.4 kWh battery pack options.
On this announcement, Tarun Garg, MD and CEO of Hyundai Motor India, said, “The company believes that future mobility should be easy for everyone and in line with the needs of the customers. According to him, the introduction of Battery-as-a-Service for Creta Electric is a big step towards taking electric mobility to more people in India. With this scheme, customers will have to pay less while buying a car. Easy payment options will also be available for the battery, so that more people will be able to buy Hyundai’s electric car without spending much and enjoy its modern Will be able to take advantage of technology and security features.”
Hyundai Creta Electric prices for the non-BaaS model start from Rs 18.03 lakh and go up to Rs 24.70 lakh (ex-showroom, Delhi). That is, if choosing BaaS plan, customers will have to pay more than Rs 7 lakh less initially. However, instead they will have to pay per kilometer for the battery.
Talking about the features, Creta Electric has been provided with modern features like Hyundai SmartSense Level 2 ADAS, Vehicle-to-Load (V2L), Digital Key, Single Pedal Drive and Active Air Flaps. It supports DC fast charging and its battery charges from 10 to 80 percent in just 39 minutes. With 42 kWh and 51.4 kWh battery packs, it claims to offer a range of up to 510 km (ARAI certified) on a single charge.
Hyundai Creta Electric comes with a battery warranty of 8 years or 1.60 lakh km (whichever is earlier). The company is working on a plan to set up about 600 public DC fast charging stations across the country in the next seven years. Currently, Hyundai has 214 DC fast chargers and 399 charging points across 183 locations in India. At the same time, through myHyundai app, customers can easily search and use more than 10,000 EV charging points available across the country.