Ultraviolette X-47 available at Rs 1.49 lakh under new BaaS scheme

Ultraviolette Automotive has introduced a new ownership programme called Battery Flex for its X-47 Crossover electric motorcycle. The initiative introduces a battery-as-a-service (BaaS) model that aims to lower the upfront cost of owning the motorcycle while allowing customers to subscribe to the battery separately.

Under the Battery Flex plan, buyers can purchase the Ultraviolette X-47 at a starting price of Rs 1.49 lakh, while the battery is available through a monthly subscription beginning at Rs 2,499. This allows customers to pay for the motorcycle sans the battery, initially and manage the battery cost through a subscription plan. The company claims this reduces the upfront purchase cost by around 40 per cent compared to the regular ownership model.

The battery subscription also includes a five-year warranty for the battery pack. Once the subscription period is completed, ownership of the battery is transferred to the customer at no additional cost.

The programme has been launched in partnership with Ecofy, a green-focused non-banking financial company.Through this collaboration, Ultraviolette intends to make electric mobility more accessible by lowering the entry price while maintaining access to its performance-oriented EV platform.

The X-47 crossover was recently introduced as Ultraviolette’s latest electric two-wheeler offering, and the Battery Flex model is expected to expand its reach by offering an alternative and accessible ownership plan.