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Mahindra has extended its Battery-as-a-Service programme to the XEV 9S and XEV 9e.
The option is now described as available across Mahindra’s born-EV lineup.
Reported BaaS starting prices are Rs 12.65 lakh for the XEV 9S and Rs 13.90 lakh for the XEV 9e.
The company cites an effective usage cost of Rs 3.75 per km under its assumptions.
Why it mattersBattery-as-a-service lowers upfront cost, expanding access to Mahindra's electric SUVs.
More context
Some reporting says the battery is financed separately, with an example battery EMI starting at Rs 6,975.
The pricing excludes charger costs and, in some reports, taxes and other statutory charges.
Reporting says the move could broaden the buyer base, while broader EV-buyer acceptance remains limited.
One report frames the product as finance, not pay-per-use.