Hyundai Creta Electric gets BaaS ownership option at Rs 10.99 lakh — All details inside!

Hyundai Motor India has introduced a Battery-as-a-Service (BaaS) ownership model for the Creta Electric. Under this ownership model, the electric SUV is now available at a starting price of Rs 10.99 lakh (ex-showroom), while the battery cost is paid separately through a per-kilometre subscription.

For the 42 kWh battery pack, the subscription starts at Rs 3.9 per km. Separating the battery cost brings down the initial purchase price, making the Creta Electric more affordable for those considering an EV.

How the Hyundai Creta Electric BaaS model works

Under the BaaS model, the Rs 10.99 lakh price is only for the Creta Electric, while the battery is paid for separately through a per-kilometre subscription. For the 42 kWh battery pack, the charge starts at Rs 3.9 per km.

This rate is based on financing 90% of the battery cost at an interest rate of 8.75% over eight years. Hyundai says the calculation assumes an average monthly driving distance of 2,330 km, based on usage data from its highest-mileage markets. Instead of paying the full battery cost upfront, owners pay for it as they use the car. This lowers the initial purchase price and spreads the battery cost over time.

What else has changed in the Hyundai Creta Electric with this update

Along with the new BaaS model, Hyundai has also updated the Creta Electric with a few new additions. The SUV now gets an integrated side foot step, making it easier to get in and out.  Hyundai has also started offering a 7.4 kW wall box charger with the Home Charger variants. Compared to a standard 3.3 kW charger, the 7.4 kW unit can charge the battery much faster, making home charging more convenient.

Hyundai Creta Electric specifications & features

The Creta Electric is available with two battery pack options: 42 kWh and 51.4 kWh. The larger battery offers a claimed ARAI range of up to 510 km, while DC fast charging can take the battery from 10% to 80% in around 39 minutes. Hyundai also claims a 0-100 kmph time of 7.9 seconds for the long-range version.

It also comes with features such as Vehicle-to-Load (V2L), which lets you power external devices using the car's battery, Level 2 ADAS, i-Pedal for one-pedal driving, and a Digital Key that allows you to lock, unlock, and start the car using a smartphone or smartwatch. Other highlights include Active Air Flaps for better efficiency and the newly added integrated side foot step.

Hyundai Creta Electric warranty & Charging infrastructure

Hyundai is also expanding its EV charging network across India and plans to install nearly 600 fast-charging stations over the next four years. At present, the company has charging infrastructure at 183 locations, including 214 DC fast chargers and 399 charging points. Through the MyHyundai app, users can locate over 28,000 charging points across the country.

The Creta Electric comes with an 8-year/1,60,000 km battery warranty (whichever is earlier). Hyundai also says the SUV covered 1,326.5 km in 24 hours during a drive recognised by the India Book of Records.
 

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