Tata, MG Provide Free Charging and Battery Rentals to Attract EV Buyers
ECONOMY & POLICY

Tata, MG Provide Free Charging and Battery Rentals to Attract EV Buyers

India's leading electric vehicle manufacturer, Tata Motors, is enticing consumers by offering free charging and substantial discounts. In contrast, MG Motor has introduced its inaugural battery rental plan as part of its strategy to boost sales of electric vehicles (EVs).

The use of EVs in India has surged in recent years, now representing 2 per cent of the country's annual sales of 4.2 million cars. However, recent sales growth has slowed, with analysts attributing this to high prices and inadequate charging infrastructure.

Satinder Singh Bajwa, Chief Commercial Officer of MG Motor, stated at the launch event for the company's new EV with a battery rental service—the world's first of its kind—that the aim is to make electric vehicles more affordable. He explained that consumers would be paying for the battery's usage in the same way they pay for fuel. MG Motor, a joint venture between India’s JSW Group and China’s SAIC, seeks to make one of the priciest components of electric vehicles more accessible to buyers. The "Battery-as-a-Service" plan is priced at 3.5 rupees (4 U.S. cents) per kilometre, with a mandatory monthly minimum of 1,500 kilometres (932 miles) to keep the initial cost low.

This kind of initiative is seen as crucial. For instance, Tata Motors, India’s largest EV manufacturer, sold only 4,086 EVs in August, a nearly 15 per cent decline from the previous year, marking a fourth consecutive month of annual sales decreases in the world’s third-largest auto market.

In anticipation of the festive season, when consumer purchases typically increase, Tata Motors announced a price reduction of approximately 10 per cent to 20 per cent on its Punch and Nexon models. Additionally, the company is offering six months of free charging at 5,500 stations operated by its power unit. Tata Motors described these price cuts and offers as a move toward mainstreaming EVs and accelerating their adoption, particularly bringing the cost of its popular Nexon model to around $15,000, making it comparable to its gasoline or diesel counterparts.

Despite a government push to promote clean cars, many Indians continue to prefer gasoline and diesel vehicles due to the sparse availability of charging stations. While sales of e-scooters have surged, driven by high demand from e-commerce companies, annual sales of electric cars remain below 100,000 units. This has not dissuaded companies like MG Motor, BYD, BMW, and Mercedes-Benz from launching their electric vehicles, often targeting India’s growing affluent consumer base.

The vehicle features a panoramic glass roof, reclining rear seats, six airbags, and one year of free charging at numerous stations.

India's leading electric vehicle manufacturer, Tata Motors, is enticing consumers by offering free charging and substantial discounts. In contrast, MG Motor has introduced its inaugural battery rental plan as part of its strategy to boost sales of electric vehicles (EVs). The use of EVs in India has surged in recent years, now representing 2 per cent of the country's annual sales of 4.2 million cars. However, recent sales growth has slowed, with analysts attributing this to high prices and inadequate charging infrastructure. Satinder Singh Bajwa, Chief Commercial Officer of MG Motor, stated at the launch event for the company's new EV with a battery rental service—the world's first of its kind—that the aim is to make electric vehicles more affordable. He explained that consumers would be paying for the battery's usage in the same way they pay for fuel. MG Motor, a joint venture between India’s JSW Group and China’s SAIC, seeks to make one of the priciest components of electric vehicles more accessible to buyers. The Battery-as-a-Service plan is priced at 3.5 rupees (4 U.S. cents) per kilometre, with a mandatory monthly minimum of 1,500 kilometres (932 miles) to keep the initial cost low. This kind of initiative is seen as crucial. For instance, Tata Motors, India’s largest EV manufacturer, sold only 4,086 EVs in August, a nearly 15 per cent decline from the previous year, marking a fourth consecutive month of annual sales decreases in the world’s third-largest auto market. In anticipation of the festive season, when consumer purchases typically increase, Tata Motors announced a price reduction of approximately 10 per cent to 20 per cent on its Punch and Nexon models. Additionally, the company is offering six months of free charging at 5,500 stations operated by its power unit. Tata Motors described these price cuts and offers as a move toward mainstreaming EVs and accelerating their adoption, particularly bringing the cost of its popular Nexon model to around $15,000, making it comparable to its gasoline or diesel counterparts. Despite a government push to promote clean cars, many Indians continue to prefer gasoline and diesel vehicles due to the sparse availability of charging stations. While sales of e-scooters have surged, driven by high demand from e-commerce companies, annual sales of electric cars remain below 100,000 units. This has not dissuaded companies like MG Motor, BYD, BMW, and Mercedes-Benz from launching their electric vehicles, often targeting India’s growing affluent consumer base. The vehicle features a panoramic glass roof, reclining rear seats, six airbags, and one year of free charging at numerous stations.

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement