So, you have made up your mind to upgrade to an electric vehicle and are excited to avail yourself of benefits such as low maintenance costs, freedom from rising petrol prices, and more. But what if buying an EV could be even more beneficial? That’s right. With an EV battery subscription, you can enjoy a host of added advantages that make EV ownership smoother.
As India’s first EV manufacturer to offer a battery subscription model, Lectrix allows customers to subscribe to an EV battery instead of purchasing it. By decoupling the cost of the battery from the electric scooter’s purchase price, a battery subscription makes e-scooters more accessible and attractive. Here are six reasons why you should consider buying an EV without a battery.
Buying an electric scooter can be expensive compared to its internal combustion engine (ICE) counterpart. Much of this cost can be accounted for by the EV battery, which makes up 40-50% of the vehicle. By buying a subscription-based electric vehicle, however, you can cut down the upfront cost substantially. For instance, you can buy our LXS 2.0 at just Rs. 49,999 with a battery subscription, which otherwise sells for Rs. 84,999.
Given that the battery is the most expensive and vital component of an EV, any issues related to it can result in hefty repair or replacement costs. But with Lectrix battery subscription service, you can eliminate the financial burden of these costs altogether. Our battery subscription offers free battery repairs and replacement so you don’t have to worry about any unforeseen bills or degradation that could affect your scooter’s performance.
Most EV manufacturers offer a battery warranty of 2-3 years or up to 30,000 km, whichever comes first. If you’re planning to drive your EV for commuting or long-distance travel, you’re likely to run out of the battery warranty sooner than expected. And replacing a battery can cost as high as Rs. 40,000-50,000. But with our battery subscription model, you can buy India’s first EV with lifetime battery warranty without any limitation on kilometres driven.
With an ICE vehicle, the more kilometres you drive, the more you end up spending on petrol. Given the ever-rising petrol prices, your transportation expenses are likely to keep increasing. However, with our EV battery subscription, you can drive unlimited kilometres and your expenses will remain limited to your subscription fee, which is only Rs. 999 per month.
Another underrated benefit of our battery subscription service is flexibility. At Lectrix, we offer our subscribers the option to buy back the EV battery. This means you can end your subscription and return the used battery to buy a new battery. Alternatively, you can buy the existing battery at a price that is determined based on its condition and remaining lifespan.
Another reason to consider buying a subscription-based electric vehicle is the boost in resale value it can provide. Since the battery, the component most prone to wear and tear is not tied to the vehicle itself, potential buyers will feel more confident about the scooter’s performance and reliability. By removing concerns about battery degradation and depreciation, the battery subscription model makes your EV more attractive in the resale market and allows you to retain more of its value when you’re ready for a change.
All in all, buying an electric vehicle along with an EV battery subscription can prove to be a convenient and cost-effective way to embrace electric mobility. With benefits such as lower upfront costs, free battery repairs and replacement, lifetime battery warranty, flexible buyback options and higher resale value, Lectrix battery subscription can make your ride as smooth as possible. If you are ready to benefit from our battery subscription model and make your electric dreams come true, reach out to us at +91 81300 10331.
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