- Ultraviolette launches Battery Flex model reducing upfront electric motorcycle purchase cost by about 40%.
- Customers subscribe to the battery monthly and gain full ownership after the subscription term.
Ultraviolette Introduces Flexible Ownership Model
The Ultraviolette Battery Flex BaaS plan was introduced on March 5, enabling buyers to purchase the X-47 crossover electric motorcycle chassis while subscribing separately to the battery pack. Developed with green-focused NBFC Ecofy, the approach significantly lowers the upfront cost of ownership.
Lower Entry Price for Electric Motorcycles
With the new structure, the motorcycle chassis starts at INR 149 thousand while the battery subscription begins from INR 2,499 per month. This financing model cuts the initial purchase expense by nearly 40%, making electric two-wheelers more accessible to a wider range of riders.
Battery Subscription and Ownership Transfer
Under the program created by Ultraviolette, the battery pack is financed separately through a fixed monthly payment and includes a five-year warranty. After the subscription period concludes, the battery ownership is transferred to the customer at no additional cost.
Battery-as-a-Service Expands EV Adoption
The Ultraviolette Battery Flex BaaS plan demonstrates how battery-as-a-service structures can reduce upfront EV costs while maintaining long-term ownership value for riders.
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