Hyundai Motor India has introduced a Battery-as-a-Service (BaaS) purchase option for the Creta Electric, announced on July 2, 2026. Under the plan, you buy the car without paying for its battery upfront — which drops the entry price from around ₹18.03 lakh to ₹10.99 lakh (ex-showroom) — and instead pay a battery usage fee of ₹3.90 per kilometre for the 42 kWh version. That is a ₹7.04 lakh cut to the sticker price of India's most popular SUV nameplate in electric form.
How the scheme works
BaaS separates the cost of an EV's most expensive component — the battery — from the vehicle itself. You own the car, while the battery is financed separately and billed on usage, here at ₹3.90 for every kilometre driven. The Creta Electric continues with its two packs: 42 kWh and 51.4 kWh, the larger rated at up to 473 km of claimed range, with 100 kW DC fast charging taking the battery from 10 to 80 percent in about 39 minutes. We break down the model in depth in our Battery-as-a-Service explainer.
Does the maths work for you?
The trade-off is simple: a much lower upfront price in exchange for a permanent per-km cost that behaves a bit like a fuel bill. At ₹3.90/km, driving 1,000 km a month adds ₹3,900 to your running costs — before electricity. Low-mileage urban drivers who mainly want the lower entry price and EMI benefit most; high-mileage users will likely find the outright purchase cheaper over a 5–7 year horizon. Run your own numbers with our EV vs petrol cost calculator and EV EMI calculator before choosing a structure.
Why Hyundai is doing this now
Battery rental has quickly moved from novelty to mainstream in India. MG pioneered it with the Windsor, and Maruti's e Vitara, Toyota's Urban Cruiser Ebella and MG's ZS EV all offer similar plans — while Hero and Vida use the same logic in two-wheelers. With monthly EV sales crossing 30,000 for the first time in June, Hyundai needs a sharper price story for the Creta Electric against the Windsor and e Vitara, and a ₹10.99 lakh headline does exactly that. Compare the field in our Hyundai EV guide and the wider electric car catalogue.
Sources
Scheme details and pricing as reported by Hyundai Motor India (press release) · Autocar India · CarDekho · Team-BHP