MG Battery as a Service: The Maths Works, the Contract Is Missing
MG will sell you a Hector Tomahawk PHEV for ₹21.79 lakh instead of ₹25.70 lakh. You save nearly four lakh rupees up front. The catch is that you do not own the battery — you rent it, at ₹3.20 for every kilometre you drive. This is Battery as a Service, and MG is now pushing…