Quick Highlights:
- Ultraviolette launches “Battery Flex” BaaS plan in partnership with Ecofy.
- X-47 crossover price drops to ₹1.49 lakh with battery subscription starting ₹2.5/km.
- F77 electric motorcycle now starts at ₹1.99 lakh with battery cost at ₹2.6/km.
- Battery warranty of 5 years or 1,00,000 km, with ownership transferred after loan completion.
Ultraviolette Launches UV Battery Flex BaaS Plan — X-47 Now Starts at ₹1.49 Lakh
Electric performance motorcycle maker Ultraviolette has officially introduced its UV Battery Flex programme, a Battery-as-a-Service (BaaS) model designed to make its electric motorcycles more accessible to buyers in India.
The new plan separates the battery cost from the motorcycle purchase, allowing customers to pay a lower upfront price for the vehicle while financing the battery through a monthly subscription.
Ultraviolette Introduces Battery-as-a-Service Ownership Model
The initiative has been launched in partnership with Ecofy, a green-focused NBFC that specializes in financing climate-positive technologies.
From my perspective, this move could significantly change how premium electric motorcycles are purchased in India. Batteries account for a large chunk of EV costs, and separating them from the vehicle price makes ownership far more approachable.
Ultraviolette X-47 Price Drops by 40%
The Ultraviolette X-47, originally priced between ₹2.49 lakh and ₹4.49 lakh, can now be purchased at a significantly reduced upfront cost.
Under the Battery Flex programme:
- Starting price: ₹1,49,000 (for the motorcycle shell)
- Battery subscription: starting at ₹2.5 per km
- Minimum monthly payment: ₹2,499
This model reduces the upfront cost by around 40%, making the X-47 more competitive with similarly priced petrol motorcycles.
Customers will purchase the motorcycle chassis separately, while the battery will be financed through a monthly plan.
Ultraviolette F77 Also Gets the Battery Flex Option
The Ultraviolette F77, the company’s flagship electric performance motorcycle, is also included in the new BaaS programme.
Key details:
- New starting price: ₹1.99 lakh (without battery)
- Battery subscription: ₹2.6 per km
Earlier, the F77 was priced between ₹2.99 lakh and ₹3.99 lakh, meaning the new model significantly lowers the initial investment required to own the motorcycle.
Battery Subscription and Ownership Details
With Battery Flex, the battery is financed through a monthly subscription that depends on usage.
Important details include:
- Minimum monthly payment: ₹2,499
- Usage-based billing: ₹2.5/km (X-47) and ₹2.6/km (F77)
- Battery warranty: 5 years or 1,00,000 km
- Battery ownership: transferred to the rider after loan completion
If a rider reaches 1,00,000 km before the loan tenure ends, the battery is considered fully paid and ownership is transferred.
This structure ensures riders get continuous warranty protection during the loan period, which is reassuring given the importance of battery health in EVs.
Potential Cost Savings Compared to Petrol Bikes
Ultraviolette claims that riders could save around ₹3,500 per month compared to a similarly powered petrol motorcycle.
Over five years, this could translate to nearly ₹2 lakh in savings thanks to lower running and maintenance costs.
Given current fuel prices, that estimate actually sounds quite realistic for daily riders.
What Happens After the Loan Period?
Once the battery loan tenure is completed:
- Battery ownership transfers to the rider at no additional cost.
- Separate No Objection Certificates (NOCs) will be issued for the bike and battery after loan closure.
However, during the loan tenure:
- Both bike EMI and battery EMI must be paid regularly.
- A default on either will be treated as a payment default.
Also, under RTO rules, the motorcycle and battery are treated as a single unit, meaning the RC will show hypothecation for the entire vehicle.
Battery Flex Could Accelerate EV Adoption
Ultraviolette’s CEO Narayan Subramaniam highlighted that the new pricing structure significantly improves affordability.
By lowering the entry cost to around ₹1.5 lakh, the company believes riders can now access performance electric motorcycles with technology that outperforms many ICE models.
Personally, I think Battery-as-a-Service could become a major trend in India’s EV market. As battery technology evolves quickly, flexible ownership models like this can reduce financial risk for buyers while accelerating EV adoption.
FAQs
Q. What is Ultraviolette Battery Flex?
- Battery Flex is a Battery-as-a-Service (BaaS) plan that allows customers to buy the motorcycle separately while paying for the battery through a monthly subscription.
Q. What is the starting price of the Ultraviolette X-47 with Battery Flex?
- The X-47 starts at ₹1,49,000 for the motorcycle shell, while the battery subscription begins at ₹2.5 per km with a minimum monthly payment of ₹2,499.
Q. Is the battery covered under warranty?
- Yes. The battery comes with UV CARE PLUS warranty covering 5 years or 1,00,000 km, whichever comes first.
Q. Do I own the battery after the subscription ends?
- Yes. Once the loan tenure is completed, the battery ownership is transferred to the customer at no extra cost.
Q. Can I pre-close the battery loan?
- Yes. Pre-closure of both the bike loan and battery loan is allowed, subject to the financier’s terms.
