MG Motor

MG Hector Tomahawk EV battery rental: the break-even maths

Battery-as-a-Service cuts up to Rs 6.01 lakh off the Hector Tomahawk EV's price. Run the break-even and the scheme only beats a five-year loan below about 2,500 km a month. MG says uptake across its portfolio remains below 7 per cent.