Kia has launched the Battery-as-a-Service (BaaS) scheme for its Carens Clavis EV. The electric 7-seater is the brand’s first model to be offered under the battery rental scheme. The BaaS program offers a flexible dual-loan financing structure, to separate the chassis loan and battery subscription package. The loan tenure for the chassis can be extended up to 60 months while the battery subscription can be continued for 96 months.
The starting price of the MPV has significantly reduced due to this scheme. The Standard pack starts at ₹12.84 lakh, ex-showroom and the Extended pack starts at ₹15.94 lakh, ex-showroom. In addition to this the owner has to pay for the battery subscription. The subscription fee for both the 42kWh and 51.4kWh battery is ₹3.3 per kilometre.
The Kia Carens Clavis EV was updated earlier this year, and remains unchanged in terms of exterior, cabin design and mechanical aspects. The 42kWh and 51.4kWh battery packs offer a claimed range of 404km and 490km respectively.
Kia stated that the BaaS program is designed to make EV ownership more flexible and affordable.
