JSW MG's Windsor SUV pips Tata, Mahindra EVs

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India Business News: NEW DELHI: Is battery rental model, which allows customers easier affordability by paying only for a car, with battery costs being paid as monthly EMI.

While sale in a single month may not be a fully accurate barometer of measuring a model's success, the lead based on an innovative scheme does point towards a trend where customer comfort can be seen.

The only drawback here is that against paying a GST rate of 5% that has been fixed for EVs, the monthly EMI on battery usage will mean that GST will be higher, where it is seen as a service.

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Article Details

Author / Journalist: Pankaj Doval

Category: EconomyBusiness

Markets: India

Topics: Electric car Electric vehicles India JSW MG Windsor SUV Tata Nexon electric Battery rental model Business news BAAS model

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 04:45:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 773 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23744912

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About Times of India

Main Topics: EconomyBusiness

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