Bengaluru-based EV maker Ultraviolette Automotive has launched a Battery-as-a-Service (BaaS) initiative called Battery Flex, allowing buyers to purchase the new Ultraviolette X‑47 crossover at a significantly lower upfront price. Take a quick look at the details here.
Ultraviolette X47: BaaS details explained
With the Battery Flex programme, the X-47 can now be had starting at Rs 1.49 lakh, while the battery pack is offered separately through a monthly subscription. Without BaaS, the ex-showroom price of the model is Rs 2.49 lakh.Subscription starts at Rs 2,499 per month and lasts for a period of five years. Ultraviolette says the new structure reduces the initial purchase cost by approximately 40 percent. The program has been launched in partnership with green-focused NBFC Ecofi.
Under this model, customers pay upfront for the motorcycle chassis while the battery is financed through a monthly plan. At the end of the subscription period, ownership of the battery is transferred to the customer at no additional cost. Ultraviolette has also confirmed that the battery pack will come with a five-year warranty. Nominations for the Battery Flex plan are open from today. The X-47 crossover is offered with two battery pack options: a 7.1 kWh unit that offers a claimed 211 km IDC range, and a larger 10.3 kWh battery that offers a claimed 323 km IDC range. The top variant produces 40 HP of maximum power and 100 Nm of torque.Ultraviolette claims that the X-47 can accelerate from 0-60 kmph in 2.7 seconds, reach 100 kmph in 8.1 seconds and have a top speed of 145 kmph.
