Hyundai Creta Electric Now Starts at ₹10.99 Lakh with BaaS

Hyundai Motor India has launched a new way to buy the Creta Electric. Called Battery-as-a-Service (BaaS), it separates the cost of the car from the cost of its battery. This brings the starting price of the SUV down to ₹10.99 lakh (ex-showroom). Instead of paying for the battery upfront, buyers pay ₹3.9 for every kilometre they drive.

This puts the Creta Electric at the same starting price as its biggest rival, the Maruti Suzuki e-Vitara. The e-Vitara also starts at ₹10.99 lakh under a similar BaaS plan, launched in February 2026. Its battery charge is slightly higher, at ₹3.99 per kilometre.

How Does BaaS Work?

Normally, when you buy an electric car, the price includes the battery, which can be 30-40% of the total cost. Under BaaS, buyers pay a lower price for just the car and pay separately for battery use, based on how much they drive. This is usually set up as a loan.

For the Creta Electric, Hyundai will finance 90% of the battery's value over eight years, at an estimated interest rate of 8.75%.

Tarun Garg, Managing Director and CEO of Hyundai Motor India, said the plan is meant to lower the upfront cost of buying an EV. He explained that a large part of the vehicle's price is now shifted to running costs instead, making it easier for more people to consider switching to electric.

MG Motor India was one of the first to try this model in India, with its Windsor EV. Maruti Suzuki followed with the e-Vitara, which used BaaS to bring its price down close to that of a petrol SUV.

Two Other Changes

Along with the new pricing plan, Hyundai has made two small updates to the Creta Electric:

• A side foot step is now standard on some trims. This makes it easier to get in and out, since the battery pack sits under the floor and raises the car slightly.
• A stronger home charger. The car now comes with a 7.4 kW wall box charger, replacing the older, slower charger. Hyundai says this change came after listening to feedback from current owners.

Who Else Is in the Race?

The Creta Electric competes in a busy segment of electric SUVs in India:

• The Tata Curvv EV  starts at ₹16.99 lakh. It comes with a 55 kWh battery and a claimed range of up to 502 km.
• The VinFast VF7  starts at ₹21.89 lakh. It stands out as one of the few EVs in this price range to offer all-wheel drive, with a claimed range of up to 532 km.
• The Tata Sierra EV launched on June 30, 2026, starts at ₹18.79 lakh. It offers two battery sizes (63 kWh and 75 kWh), a claimed range of up to 665 km, an all-wheel-drive option, and a lifetime battery warranty.

Until now, the Creta Electric's regular price of ₹18.03 lakh made it one of the more expensive options in this list. The new BaaS pricing is a clear attempt to close that gap and compete more directly on cost.