Battery-as-a-Service in VIDA VX2: Hero MotoCorp has officially entered the budget electric scooter space with the launch of the VIDA VX2, starting at a stunning ₹59,490 (ex-showroom) but there’s a catch: that price doesn’t include the battery. Instead, Hero offers a unique Battery-as-a-Service (BaaS) model that lets customers subscribe to the battery rather than buy it upfront.
So, what exactly is Battery-as-a-Service, and is it really as affordable as it sounds? Let’s break it down.
Highlights
- VIDA VX2 Go costs ₹99,490 with battery, or ₹59,490 under the BaaS model
- Customers pay a monthly subscription to lease the battery
- Up to 142 km range with VX2 Plus variant
- Hero claims running cost as low as ₹0.96 per km
What Is Battery-as-a-Service (BaaS)?
The battery is the most expensive part of an electric vehicle — often accounting for 40% or more of the total cost. In traditional EV ownership, this cost is baked into the vehicle’s price. With BaaS, however, you pay for the scooter without the battery, and subscribe to the battery separately via a rental plan. This reduces the initial purchase price, making electric mobility more accessible.
In Hero’s case, the VIDA VX2 Go costs ₹99,490 with battery included, but just ₹59,490 under the BaaS model. That’s a flat ₹40,000 reduction in the initial price.
Here’s a look at how the pricing works:
| Variant | Price with Battery | Price with BaaS (No Battery) |
|---|---|---|
| VX2 Go | ₹99,490 | ₹59,490 |
| VX2 Plus | ₹1,10,000 | ₹64,990 |
How Does VIDA’s BaaS Work?
Unlike some BaaS models that offer battery swapping or “pay per km” usage, Hero’s VIDA VX2 BaaS is structured around fixed subscription plans based on estimated daily usage. You pay a set amount per month for battery access — similar to a mobile or Netflix subscription.
