Tata Motors is not sold on battery-as-a-service model for EVs
Some GST leakage may be happening under battery-as-a-service model, says Tata Motors group chief financial officer P.B. Balaji.
Some GST leakage may be happening under battery-as-a-service model, says Tata Motors group chief financial officer P.B. Balaji.
BaaS brings down high upfront costs associated with EVs as customers do not own the battery.
Chetan Maini, the founder of India's first electric car, says range anxiety and charging infrastructure challenges motivated him to get into battery swapping.
The draft policy looks to decouple an EV and its battery by enabling the use of the battery as a service, without ownership of the battery.