Maruti Suzuki Launches e VITARA Electric SUV with BaaS Pricing Starting at ₹10.99 Lakh
Maruti Suzuki has launched its e VITARA Battery Electric Vehicle with an innovative Battery-as-a-Service pricing model starting at ₹10.99 lakh plus ₹3.99 per kilometer battery EMI. The launch includes comprehensive benefits such as 60% assured buyback after 3 years, 8-year battery warranty, complimentary home charger worth ₹50,000, and one year of free charging. Customers can book the electric SUV at NEXA showrooms or online with an initial payment of ₹21,000, marking Maruti Suzuki's significant entry into India's electric mobility market.

*this image is generated using AI for illustrative purposes only.
Maruti suzuki has officially commenced sales of its e VITARA Battery Electric Vehicle (BEV), representing a transformative milestone in India's electric mobility landscape. The company announced this development through a regulatory filing dated February 17th, 2026, marking its entry into the electric vehicle segment with an innovative pricing and ownership model.
Pricing and Ownership Structure
The e VITARA introduces a Battery-as-a-Service (BaaS) pricing model designed to make electric vehicle ownership more accessible and affordable. This dual-loan finance product eliminates the upfront battery cost, offering customers a more flexible ownership experience.
| Parameter: | Details |
|---|---|
| Introductory BaaS Price: | ₹10.99 lakh |
| Battery EMI: | ₹3.99 per kilometer |
| Variant: | 49kWh model |
| Calculation Basis: | 60 km daily usage (excluding charging cost) |
| Initial Booking Amount: | ₹21,000 |
Comprehensive Warranty and Benefits Package
Maruti Suzuki has structured an attractive benefits package to enhance customer confidence in electric vehicle adoption. The company offers extensive warranty coverage and value-added services to support the ownership experience.
| Benefit: | Coverage Details |
|---|---|
| Assured Buyback: | 60% after 3 years |
| Battery Warranty: | 8 years |
| Vehicle Warranty: | 3 years (40,000 km) |
| Home Charger: | Complimentary installation worth ₹50,000 |
| Free Charging: | 1 year complimentary |
Terms and Conditions
The BaaS pricing model comes with specific terms designed for personal use applications. The finance scheme requires approval from individual finance companies, banks, or NBFCs and is subject to their respective terms and conditions. The mentioned ownership plan specifically applies to the e VITARA 49kWh variant, with calculations based on an assumed daily vehicle usage of 60 kilometers, excluding charging costs.
The complimentary charging offer is valid on retail sales until March 31st, 2026, capped at 1,000 units of electricity (kWh) per customer or one year from vehicle purchase, whichever occurs earlier. The assured buyback plan operates through an insurance company and offers flexibility with ownership plans of either 3 years/45,000 km or 4 years/60,000 km, whichever comes first.
Availability and Booking Process
Customers can access detailed information about the e VITARA, experience test drives, and complete bookings at NEXA showrooms nationwide. Additionally, the company has enabled online booking through the NEXA website at nexaexperience.com/ebook, requiring an initial payment of ₹21,000 to secure the vehicle.
The e VITARA comes with a standard warranty of 3 years/1,00,000 km, with optional extensions available on a payment basis to 5 years/1,40,000 km. The vehicle also includes service-activated coverage for the 6th to 8th year specifically for EV-related components, demonstrating the company's commitment to long-term customer support in the electric vehicle segment.
Historical Stock Returns for Maruti Suzuki
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.85% | +1.34% | -4.29% | +17.34% | +18.93% | +97.21% |

































