With Battery Subscription, MG Comet Costs Rs. 4.99 Lakh, ZS EV Costs Rs. 13.99 Lakh | V3Cars

21 September 2024
By Mahesh Yadav
1

After announcing a hype-worthy pricing for the Windsor EV (and creating a lot of confusion in the process) MG have recently introduced the battery subscription option with the Comet EV and ZS EV as well. With this BaaS (Battery as a Service) model, the Comet EV starts at just Rs. 4.99 lakh while the ZS EV starts at Rs. 13.99 lakh. The BaaS option brings the price of the Comet EV down by Rs. 2.0 lakh. Similarly, for the ZS EV with BaaS, the initial purchase prices are down by Rs. 5.0 lakh.

MG Comet, Windsor, ZS EV: BaaS Pricing Analysis

With the battery subscription, the Comet EV will carry a per kilometre rental cost of Rs. 2.50. For the Windsor EV, we already know that it carries a subscription cost of Rs. 3.50 per kilometre. For the ZS EV, the battery usage subscription cost is Rs. 4.50/km.

MG EVs BAAS PRICING ANALYSIS
	Comet EV	Windsor EV	ZS EV
Standard Price	Rs. 6.99 Lakh	Rs. 13.50 Lakh	Rs. 18.98 Lakh
Battery Cost	Rs. 2.0 Lakh	Rs. 3.51 Lakh	Rs. 4.99 Lakh
BaaS Price	Rs. 4.99 Lakh	Rs. 9.99 Lakh	Rs. 13.99 Lakh
Battery Capacity	17.3kWh	38kWh	50.3kWh
Per kWh Battery Cost	Rs. 11,561	Rs. 9,237	Rs. 9,920
Per KM Rental Cost	Rs. 2.50	Rs. 3.50	Rs. 4.50
Range (ARAI)	230km	332km	461km

With this pricing information, we can easily compute the per kWh battery cost for each car. With the Comet, MG are asking us to pay Rs. 11,561 per kWh of battery. The Windsor’s battery cost is the lowest at just Rs. 9,237 per kWh. The ZS EV’s per kWh battery cost again jumps a little to Rs. 9,920.

Also Read: MG Windsor Battery Subscription Plans From Rs. 0/Month

MG Windsor EV Costs Rs. 13.5 - 15.5 Lakh w/o Battery Subscription

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However, this setup completes MG’s mass market EV product portfolio for the foreseeable future with a spread out product lineup. Kindly refer the following table to see the big picture:

MG EVs BAAS PRICING ANALYSIS
	Comet EV	Windsor EV	ZS EV
BaaS Price	Rs. 4.99 Lakh	Rs. 9.99 Lakh	Rs. 13.99 Lakh
Price Difference	NA	+Rs. 5.0 Lakh	+Rs. 4.0 Lakh
Psychological Barrier
Rental Per KM	Rs. 2.50	Rs. 3.50	Rs. 4.50
Range (ARAI)	230km	332km	461km
Range (Realistic)	200km+	300km+	400km+

With this product portfolio, MG have an EV for everyone based on their needs. For buyers who want a 200km range, there’s the Comet. For 300km range, there’s the Windsor. And finally, for the buyers who want a 400km range requirement, there’s the ZS EV.

In terms of per KM rental costs, the Comet, Windsor and ZS EV stand at Rs. 2.50, Rs. 3.50 and Rs. 4.50 per kilometre. Again, nicely spaced out. The BaaS pricing of the cars also respects the major psychological barriers. The Comet EV is now under Rs. 5.0 lakh. The Windsor EV costs under Rs. 10.0 lakh and the ZS is well under Rs. 15.0 lakh.

Also Read: 2024 MG Windsor EV Variant-Wise Features

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