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
Mahindra XUV300 W4 TurboSport
₹ 9,30,500
573 Views
Maruti Swift Hybrid
₹ 10,00,000
546 Views
Maruti S-cross Diesel Delta (Old Model)
₹ 10,23,000
537 Views Recently Added Cars
New Cars Added On Maxabout
Tesla Model Y Long Range RWD
₹ 67,89,000
92 Views
Kia Carens Clavis EV HTX Plus ER
₹ 24,49,000
35 Views
Kia Carens Clavis EV HTX ER
₹ 22,49,000
37 Views Upcoming Cars
Exciting Upcoming Cars
Renault Boreal Bigster SUV
₹ 13,00,000
562 Views
Leapmotor T03
₹ 8,00,000
267 Views
Leapmotor C10
₹ 15,00,000
450 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
Mitsubishi Pajero 2025 Spied: Ladder-Frame or Monocoque – Best Chassis for Your Needs?
Thursday, 17 July 2025 12:24 PM