Could the TecPac model actually bring down the price of EVs and make them accessible?
Bajaj's introduction of TecPac subscription model for the Chetak Urbane electric scooter is a unique model for pricing EVs and determining which features an owner can use. Bajaj may be able to offer lower base price of the scooters by offering the features, which they can make as optional and available on subscription. If it works, it could bring the initial purchase of an EV into the financial reach of a greater number of consumers. The model lets buyers select which features they want and when they want them, and lets them pay over time. But this also begs the question: what are the long term costs of ownership and how affordable is the vehicle really? Let’s think about how this model might play out differently for each segment of consumers – from budget buyers to tech enthusiasts – and whether it can be a stepping stone for wider EV adoption in India. A key factor in determining success and potential spread of this model in the EV market is likely to be the balance between upfront affordability and long term value.
While it might make the purchase price more affordable, it will probably end up costing more down the road.
Most Popular Cars
Based on Cars Popular on Maxabout
Toyota Hilux Black Edition
₹ 37,90,000
854 Views
Toyota Fortuner Neo Drive
₹ 44,72,000
748 Views
Toyota Urban Cruiser EV
₹ 20,00,000
910 Views Recently Added Cars
New Cars Added On Maxabout
Renault Triber Emotion
₹ 8,64,995
532 Views
Renault Triber Techno
₹ 7,99,995
456 Views
Renault Triber Evolution
₹ 7,24,995
493 Views Upcoming Cars
Exciting Upcoming Cars
Maruti Swift Hybrid
₹ 10,00,000
1097 Views
Renault Boreal Bigster SUV
₹ 13,00,000
1078 Views
Leapmotor T03
₹ 8,00,000
723 Views Discussions and Questions Could The Tecpac Model Actually Bring Down The Price Of Evs And Make Them Accessible
Could the TecPac model actually bring down the price of EVs and make them accessible?
15 January 2025 09:28
Ask a Question
Latest News
Recently Added News
Renault Kiger NA Petrol Variant Captures 60 Per Cent Market Share: Understanding the Surge in Popularity
Saturday, 30 August 2025 0:50 AM
Range Rover Sport SV Carbon 2025: Key Highlights, Performance, and Features Revealed
Thursday, 07 August 2025 12:47 PM
Vinfast VF 6 & VF 7 Variants: 2025 Colours, Features, and Pricing Revealed!
Wednesday, 06 August 2025 12:59 PM