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▼MG Motor India has expanded its popular Battery-as-a-Service (BaaS) ownership program to its premium electric lineup. You can now purchase the MG Cyberster and M9 EV with a massive ₹10 lakh discount upfront. Under this rental scheme, the Cyberster roadster now starts at ₹72.49 lakh, while the luxurious M9 MPV drops to ₹69.99 lakh. In exchange for the lower showroom price, you simply pay a nominal battery rental fee of ₹8 for every kilometer you drive.
How Does the Battery Rental Pricing Actually Work?
If you have been holding off on buying a luxury EV because of the massive battery costs, the BaaS model is designed exactly for you. MG separates the cost of the battery from the actual vehicle. You pay for the car shell and its features upfront, and then rent the battery based on your exact usage.
Here is how the numbers stack up for the flagship models:
|
Vehicle Model |
Outright Price (Without BaaS) |
New BaaS Price |
Battery Rental Fee |
Upfront Savings |
|
MG Cyberster |
₹82.50 Lakh |
₹72.49 Lakh |
₹8 per km |
₹10.01 Lakh |
|
MG M9 EV |
₹79.95 Lakh |
₹69.99 Lakh |
₹8 per km |
₹9.96 Lakh |
(Note: All prices are ex-showroom, India)
By lowering the entry barrier by roughly ₹10 lakh, the brand hopes to attract a wider pool of luxury buyers to its new premium retail chain, MG Select, which currently operates 15 exclusive experience centers across 14 cities.
What Are You Getting for the Money?
Even though the upfront price is lower, you are not losing a single feature or sacrificing performance. Both the MG Cyberster and M9 EV come fully loaded.
The Cyberster Electric Roadster
If you want something that turns heads, this two-seat convertible draws heavy inspiration from the classic MGB sports car.
- Insane Performance: It packs a dual-motor, all-wheel-drive setup pushing out 510 PS (503 bhp) and 725 Nm of torque.
- 0-100 kmph: It completes the sprint in a blistering 3.2 seconds.
- Range: The 77 kWh battery offers a claimed range of 580 km.
- Party Trick: It features motorized scissor doors and a soft top that opens in just 10 seconds.
The M9 Luxury MPV
On the completely opposite end of the spectrum, the M9 is all about chauffeured luxury.
- Lounge Seating: The second row features what MG calls "Presidential Seats," offering 16-way adjustments, heating, ventilation, and eight different massage modes.
- Entertainment: You get a 13-speaker audio system, 64-color ambient lighting, and a massive yacht-style dual sunroof.
- Performance: Powered by a 90 kWh battery, its front-mounted motor generates 245 horsepower and delivers a claimed range of 548 km.
Conclusion
With over 1.5 lakh EVs already sold in India, MG is clearly trying to keep its momentum going. By offering the MG Cyberster and M9 EV on a pay-as-you-go battery model, they have effectively solved the biggest complaint people have about luxury EVs—the massive sticker shock. If you drive a moderate amount, the ₹8 per km rental fee combined with the ₹10 lakh upfront savings makes these premium vehicles a surprisingly sensible financial choice.
Neha Mehlawat
Neha Mehlawat is an automotive journalist and industry analyst with 10+ years of experience covering cars, bikes, and mobility trends. She tracks the latest launches, technology upgrades, and policy changes in the auto sector, delivering sharp insights that help readers stay ahead in the fast-evolving world of automobiles.