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Mahindra BaaS Expanded To XEV 9S, XEV 9e & BE 6 SPORTEQ

August 31, 2026
Mahindra BaaS Expanded To XEV 9S, XEV 9e & BE 6 SPORTEQ

Mahindra has expanded its Battery-as-a-Service (BaaS) programme to cover its entire Electric Origin SUV line-up. First offered on the BE 6 SPORTEQ, the scheme is now also available on the XEV 9S and the XEV 9e, lowering the starting price across all three SUVs. The BE 6 SPORTEQ now starts at Rs 11.45 lakh, the XEV 9S at Rs 12.65 lakh and the XEV 9e at Rs 13.90 lakh, with battery financing on all three working out to an effective usage cost of Rs 3.75 per km.

What Is Mahindra BaaS?

Mahindra BaaS is a dual-financing scheme that separates the cost of the vehicle from the cost of its battery. Instead of paying for both together, buyers finance the vehicle upfront and pay for the battery separately, based on usage. This lowers the initial purchase price and spreads the battery cost over an effective per-kilometre charge.

XEV 9S BaaS Price

Mahindra XEV 9S


Under BaaS, the XEV 9S now starts at Rs 12.65 lakh. The battery is financed separately at an effective usage cost of Rs 3.75 per km. Without this scheme, XEV 9S starts at Rs 20.65 lakh (ex-showroom).

XEV 9e BaaS Price

XEV 9e


The XEV 9e under BaaS starts at Rs 13.90 lakh, with the same battery usage cost of Rs 3.75 per km applying. Without BaaS, the XEV 9e is priced from Rs 21.90 lakh, ex-showroom.

BE 6 SPORTEQ BaaS Price

BE 6 SportEQ One


The BE 6 SPORTEQ, the model BaaS first launched with, is priced from Rs 11.45 lakh under the scheme. Mahindra has now extended BaaS to all variants of the BE 6 SPORTEQ, not just the base trim.

Mahindra BaaS Usage Cost Per KM

Across all three SUVs, battery financing under BaaS works out to an effective usage cost of Rs 3.75 per km. This cost applies regardless of which of the three models a buyer picks, so the ongoing running cost stays consistent across the range.

Why Mahindra Is Expanding BaaS

Mahindra has said the BaaS programme received a strong response since its introduction on the BE 6 SPORTEQ. This expansion to the XEV 9S and XEV 9e looks to be a direct response to that demand, and it gives buyers of Mahindra's flagship electric SUVs a lower entry price without changing the vehicle itself.

Should You Buy With BaaS?

BaaS works best for buyers who want to lower their upfront cost and don't cover very high annual mileage, since the battery cost is tied to distance driven. Buyers who drive extensively each year should compare the total cost of BaaS against an outright purchase before deciding, since the per-km charge adds up over time.

FAQs: Mahindra BaaS

What is the BE 6 SPORTEQ price with BaaS? The BE 6 SPORTEQ starts at Rs 11.45 lakh under BaaS, with the battery financed at Rs 3.75 per km.

What is the XEV 9S price with BaaS? The XEV 9S starts at Rs 12.65 lakh under BaaS, with the same Rs 3.75 per km battery usage cost.

What is the XEV 9e price with BaaS? The XEV 9e starts at Rs 13.90 lakh under BaaS, with battery financing at Rs 3.75 per km.

Is BaaS available on all variants? BaaS is now available across all variants of the BE 6 SPORTEQ, XEV 9S and XEV 9e.

What does BaaS stand for? BaaS stands for Battery-as-a-Service, Mahindra's scheme that separates vehicle and battery financing to lower the upfront cost of its Electric Origin SUVs.

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