Tata Punch EV BaaS, Lifetime Warranty & Dual Loan Scheme Explained

TL;DR: Tata Motors has refreshed the Punch EV with two battery choices (up to 468 km range), a Battery‑as‑a‑Service (BaaS) model, a lifetime warranty on the battery, and a dual‑loan financing option to cut upfront costs.

Design & Looks

The updated Punch EV keeps the youthful, boxy silhouette that made the petrol version popular among city drivers. Minor tweaks include a refreshed front grille with a blue‑tinted logo, LED headlamps, and new alloy wheel designs that emphasize its electric identity. Inside, a digital instrument cluster now shows real‑time battery health, and the infotainment screen supports Android Auto and Apple CarPlay.

Performance & Mileage

Tata offers two battery packs:

• Standard 24 kWh battery – approx. 300 km on the ARAI test cycle.
• Premium 39 kWh battery (BaaS option) – up to 468 km on a single charge.

Both variants use the same 54 kW electric motor, delivering 115 Nm of torque. Acceleration from 0‑100 km/h takes about 12.5 seconds, which is adequate for city traffic. The BaaS model means you pay a small monthly fee for the larger battery, while Tata retains ownership, simplifying upgrades and recycling.

Price & Rivals

Pricing starts at ₹8.99 lakh (ex‑showroom) for the standard battery version. The BaaS‑enabled premium battery adds a ₹1.20 lakh monthly subscription, reducing the upfront price to around ₹9.50 lakh. To further ease the purchase, Tata introduced a dual‑loan scheme: one loan for the vehicle and a separate, low‑interest loan for the BaaS subscription.

Key competitors include the Mahindra eKUV100 and the Hyundai Kona Electric (base model). The Punch EV stands out with its lower entry price, BaaS flexibility, and a lifetime warranty that covers battery degradation beyond 8 years or 150,000 km.

FAQ

What is the real‑world range of the Tata Punch EV with the BaaS battery?

Most owners report 380‑420 km in mixed city‑highway driving, which aligns with the ARAI figure of 468 km under ideal conditions.

Does the lifetime warranty cover battery replacement?

Yes. Tata guarantees the battery will retain at least 70 % of its original capacity for 8 years or 150,000 km, whichever comes first. If capacity drops below that, a free replacement is provided.

Is the dual‑loan scheme available for all customers?

The scheme is offered through Tata Finance and partner banks. Applicants need a credit score of 750 + and can choose loan tenures between 12 and 84 months.

What do you think about the new BaaS model? Share your thoughts in the comments below.

Source: Read Official News