The Hero Vida VX2 stands out in the electric scooter space for its flexibility in ownership, thanks to the availability of a Battery-as-a-Service (BaaS) model. This innovative approach allows buyers to significantly lower the scooter’s upfront cost by opting to lease the battery instead of purchasing it outright. Here’s a closer look at how the BaaS model works and what it will cost you, depending on the variant and plan you choose.
What Is Battery-as-a-Service (BaaS)?
BaaS enables customers to pay a monthly rental fee for the battery rather than buying it along with the scooter. This reduces the initial purchase price of the Vida VX2 and makes electric mobility more accessible. Over time, ownership of the battery and scooter transfers fully to the buyer once the BaaS term concludes.
Two financing partners—Hero Fincorp and Vidyuttech Services Pvt Ltd—facilitate this leasing arrangement. Unlike swappable battery systems like that of the Honda Activa Electric, the VX2’s battery remains fixed and tied to the scooter.
Vida VX2 Go: Battery Rental Plans
The more affordable VX2 Go variant is offered with two BaaS plans based on tenure—3 years or 5 years—each with specific cost structures and usage expectations.
🔹 3-Year Plan
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Minimum monthly usage: 1,200 km (approx. 40 km/day)
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Monthly cost: ₹1,488
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Effective cost per km: ₹1.24
Whether or not the user rides the full 1,200 km, the fixed monthly charge applies.
🔹 5-Year Plan
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Minimum monthly usage: 750 km (approx. 25 km/day)
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Monthly cost: ₹1,103
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Effective cost per km: ₹1.47
Though the per-km cost is slightly higher, the reduced monthly usage requirement may appeal to lower-mileage users.
| Plan Duration | Monthly KM | Monthly Fee | Cost/km |
|---|---|---|---|
| 3 Years | 1,200 km | ₹1,488 | ₹1.24 |
| 5 Years | 750 km | ₹1,103 | ₹1.47 |
The higher-end VX2 Plus variant offers three different BaaS tenures—2 years, 3 years, and 5 years—to suit a variety of usage patterns and budgets.
🔹 2-Year Plan
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Monthly usage limit: 2,400 km
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Monthly cost: ₹2,160
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Cost per km: ₹0.90
This plan offers the lowest cost per km but is ideal for high-mileage users.
🔹 3-Year Plan
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Monthly usage limit: 1,600 km
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Monthly cost: ₹1,584
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Cost per km: ₹0.99
A more balanced plan in terms of cost and range, suited for regular commuters.
🔹 5-Year Plan
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Monthly usage limit: 800 km
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Monthly cost: ₹1,128
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Cost per km: ₹1.41
This plan is tailored for users with light daily usage, though it comes with a higher per-km charge.
| Plan Duration | Monthly KM | Monthly Fee | Cost/km |
|---|---|---|---|
| 2 Years | 2,400 km | ₹2,160 | ₹0.90 |
| 3 Years | 1,600 km | ₹1,584 | ₹0.99 |
| 5 Years | 800 km | ₹1,128 | ₹1.41 |
In addition to the monthly rental, all BaaS customers must pay a one-time fee of ₹1,199 towards stamp duty and documentation charges.
Conclusion
Hero’s BaaS offering on the Vida VX2 and VX2 Plus makes electric scooter ownership more flexible and budget-friendly. Whether you’re a daily long-distance commuter or a light urban rider, there’s a plan that can suit your needs while reducing your upfront cost. With recent introductory pricing offers also available, the Vida VX2 is shaping up to be one of the most compelling options in the electric scooter segment.
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