Tata Motors explores battery as a service to cut EV prices
Considering a BaaS model, Tata Motors aims to make EVs such as the Tiago and Nexon up to 30% cheaper, potentially boosting market share
Tata Motors is considering the implementation of a battery-as-a-service (BaaS) model for its electric vehicles such as the electric variants of the Tiago, Punch, Tigor, Nexon and others, to reduce their ex-showroom prices by 25-30%, Moneycontrol reported, citing sources.
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