Unlocking Potential: How Battery Subscription Model Could Accelerate Electric Vehicle Adoption in India?

The high cost is the only reason Indian consumers are hesitant to buy electric vehicles. For the average salaried person, it can be challenging to pay around Rs. 1 Lakh to buy an electric scooter. This is where the battery subscription model comes as a saviour with its cost-effective aids. The electric vehicle with a battery subscription plan offers great affordability to first-time electric scooter owners. This accelerates the massive adoption of electric vehicles in the country.

At Lectrix EV, we have come up with this battery subscription for our new electric scooter model, which has driven the demand for EVs among our consumers. In this blog, we will unlock the potential of how the battery subscription model is driving the adoption and sales of EVs in India.

Benefits of EVs with a Battery Subscription Model

The battery subscription model is designed to offer greater flexibility and affordability to EV owners. With this model, consumers will enjoy the benefits of seamless electric mobility while enjoying zero maintenance and lifetime warranty. Here are some of the benefits of battery subscription model:

Maintenance Hassles And Replacement Costs

At Lectrix EV, we will take care of the battery maintenance. So the consumers do not have to deal with maintenance costs and replacement charges. If the battery has an issue, our engineers will test it and provide a free replacement without any questions asked. Consumers will enjoy rides and hassle-free driving as we cover the battery servicing cost on this subscription model. Our new electric scooter model with the battery subscription plan comes with unlimited drive km.

Our new Lectrix electric scooter comes with the battery Subscription and battery swapping solutions. Overall, you will experience the benefit of electric mobility without any limitations.

Lower Total Cost of Ownership

When purchasing a two-wheeler electric vehicle, the battery takes more than 40% of the cost. This increases the upfront cost and total cost of ownership(TCO). But, with the battery subscription model, the battery is delinked from the electric scooter and offered as a subscription. In this case, the customer only has to pay for the vehicle, along with a monthly battery subscription charge. This makes it highly affordable by reducing the initial investment cost and TCO. The customer has to subscribe separately for the battery.

Our Lectrix new electric scooter with battery subscription starts at only Rs 49,999. The battery subscription model is pocket-friendly and costs Rs 1499 per month with an introductory price of Rs 999. Moreover, there will be a great reduction in TCO; you will save up to Rs. 1.5 lakh for over 5 years with battery subscription. The total cost of ownership of this model will be Rs. 1.82 lakhs, which is more cost-effective than a petrol vehicle. The TCO with petrol is Rs. 3.39 lakhs, which is 2x more expensive than the Lectrix electric scooter with a subscription plan.

An Eco-Friendly Alternative That Eliminates Carbon Emissions Compared To ICE Vehicles

ICE vehicles pollute the environment with higher carbon emissions. It increases air pollution and noise pollution in the environment. ICE scooter engines emit harmful pollutants, which lead to poor air quality. The pollutants include hydrocarbons, carbon monoxide, ammonia, and other toxic elements. So, for the environment-conscious generation, we have built the latest electric scooter without a battery model to reduce pollutants in the environment. EVs have lower carbon emissions compared to ICE vehicles.

The electric scooter will reduce its environmental impact by utilizing renewable energy options for charging. At Lectrix EV, we take care of battery maintenance with our battery subscription model and let consumers enjoy hassle-free, eco-friendly rides.

Final Thoughts

The above are the ways the battery subscription model accelerates electric vehicle adoption. Consumers will get rid of maintenance hassles, replacement charges, and high TCO with EVs with a battery subscription plan. So, are you looking for the best electric vehicle with a battery subscription model?

You can invest in our LXS 2.0 model, which comes with a cost-effective battery subscription model. It has become an economical choice for potential customers such as young riders, family men, and small entrepreneurs. Therefore, the BaaS - a battery-as-a-service model with electric scooters drives the demand and sales of EVs in the country.