BaaS

Indian startup Ultraviolette Automotive has unveiled the X-47 Crossover electric adventure motorcycle with a Battery Flex Battery-as-a-Service (BaaS) model, developed with Ecofy. This reduces the chassis price to Rs 1.49 lakh ex-showroom (from Rs 2.49 lakh), with subscriptions from Rs 2,499 per month, making premium electric mobility more accessible versus ICE rivals.