MG has expanded its Battery-as-a-Service (BaaS) ownership model to its two premium electric vehicles, the Cyberster and M9, in India. Under the new scheme, the MG Cyberster can be bought for Rs 72.49 lakh, while the M9 starts at Rs 69.99 lakh, both ex-showroom. However, these prices exclude the battery, for which customers pay a rental charge of Rs 8 per kilometre.
The new structure lowers the upfront purchase price by around Rs 10 lakh compared with outright ownership. It does not represent a conventional price cut, because customers opting for BaaS continue to pay for battery usage as they drive.
Key Highlights
- MG Cyberster BaaS price starts at Rs 72.49 lakh, plus Rs 8 per km battery rental.
- MG M9 BaaS price starts at Rs 69.99 lakh, plus Rs 8 per km.
- The Cyberster’s regular ex-showroom price is around Rs 82.50 lakh, making the upfront difference Rs 10.01 lakh.
- The M9’s regular price is around Rs 79.95 lakh, giving an upfront saving of about Rs 9.96 lakh.
- Cyberster gets a 77kWh battery, dual-motor AWD, 510 PS and a claimed 580km range.
- M9 gets a 90kWh battery, 245hp front-wheel-drive setup and a claimed 548km range.
MG Cyberster and M9 BaaS Prices in India
The BaaS programme separates the cost of the battery from the vehicle’s initial purchase price. This means the buyer pays less when purchasing the vehicle and subsequently pays Rs 8 for every kilometre driven.
| Model | BaaS Price | Battery Rental | Regular Price |
|---|---|---|---|
| MG Cyberster | Rs 72.49 lakh | Rs 8/km | Around Rs 82.50 lakh |
| MG M9 | Rs 69.99 lakh | Rs 8/km | Around Rs 79.95 lakh |
The prices are ex-showroom. The upfront saving is calculated before accounting for the recurring battery rental charges. MG’s current standard prices listed through its Select channel are Rs 82.49 lakh for the Cyberster and Rs 79.94 lakh for the M9, with the small difference from rounded figures above reflecting the exact listed prices.
The BaaS prices have been introduced as introductory prices, so buyers should confirm the applicable price and contractual terms with MG SELECT before booking.
How Much Does the MG BaaS Scheme Cost?
The Rs 8 per km charge makes the recurring cost straightforward to calculate.
For example, a customer driving 10,000km a year would pay Rs 80,000 annually in battery rental. At 15,000km, the rental would be Rs 1.20 lakh, while 20,000km would result in Rs 1.60 lakh in annual battery rental.
| Annual Driving | Battery Rental at Rs 8/km |
|---|---|
| 5,000 km | Rs 40,000 |
| 10,000 km | Rs 80,000 |
| 15,000 km | Rs 1.20 lakh |
| 20,000 km | Rs 1.60 lakh |
| 25,000 km | Rs 2.00 lakh |
On a simple calculation, ignoring financing, taxes, resale value and the detailed terms of the BaaS agreement, the roughly Rs 10 lakh upfront difference would equal about 1.25 lakh kilometres of battery rental at Rs 8 per km.
This is why the BaaS option needs to be viewed as an ownership structure rather than an outright Rs 10 lakh reduction in the vehicle’s total cost.
MG Cyberster BaaS: What You Get
The MG Cyberster remains mechanically unchanged with the introduction of BaaS. It is a two-seat electric roadster powered by a 77kWh battery and a dual-motor all-wheel-drive system.
The powertrain produces 510 PS and 725 Nm, while MG claims a 0-100kmph acceleration time of around 3.2 seconds. The claimed driving range is 580km.
The Cyberster also retains its distinctive electric scissor doors and two-seat cockpit. It is aimed at buyers looking for a high-performance electric car rather than conventional family practicality.
MG currently lists the regular Cyberster at Rs 82.49 lakh ex-showroom, while its recently introduced Couture Edition is priced at Rs 87.49 lakh. The BaaS announcement brings the introductory entry price down to Rs 72.49 lakh, plus the battery rental.
MG M9 BaaS: A Luxury MPV With Lower Upfront Cost
The M9 follows a very different approach. Instead of performance, it focuses on luxury rear-seat comfort and chauffeur-driven use.
It uses a 90kWh battery and a front-mounted electric motor producing 245hp and 350Nm. MG claims a range of 548km.
The M9’s cabin includes second-row Presidential Seats with 16-way adjustment, heating, ventilation and massage functions. Other equipment includes a dual sunroof, 64-colour ambient lighting and a 13-speaker audio system. The MPV also gets Level 2 ADAS and seven airbags.
MG says the M9 has received five-star safety ratings from both Euro NCAP and ANCAP.
Is MG Cyberster or M9 BaaS Better Than Buying Outright?
There is no single answer because the calculation depends heavily on annual driving distance and ownership period.
The BaaS model reduces the initial capital requirement by roughly Rs 10 lakh. For a buyer who drives relatively few kilometres every year, the lower upfront expenditure can be significant. However, the Rs 8 per km battery charge continues for every kilometre driven.
A buyer who drives 20,000km annually would spend Rs 1.6 lakh per year on battery rental alone. Over five years, that becomes Rs 8 lakh, before considering other ownership costs.
The outright option, meanwhile, requires more money at the beginning but eliminates the per-kilometre battery rental. Buyers should therefore compare both structures using their expected annual mileage, financing costs and planned ownership period.
Pros and Cons
Pros
- Around Rs 10 lakh lower upfront price.
- Same Cyberster and M9 powertrains and equipment.
- Straightforward Rs 8 per km battery rental structure.
- Can reduce the initial capital required for a premium EV.
- Both models continue to offer their existing claimed range and performance.
Cons
- Rs 8 per km applies on top of the vehicle purchase price.
- Higher annual mileage increases the total BaaS expense.
- Long-term ownership calculations require comparison with outright battery ownership.
- Buyers need to understand the complete BaaS agreement, including transfer, resale and other contractual conditions.
Who Should Consider MG’s BaaS Option?
The BaaS structure may particularly interest buyers who want to reduce the initial amount paid for a luxury EV and expect relatively moderate annual usage. This could be relevant to a Cyberster owner using the car as a weekend vehicle or an M9 owner whose annual mileage is limited.
Buyers covering high annual kilometres should calculate the total battery rental over their expected ownership period before choosing BaaS. The lower purchase price alone does not determine which ownership structure will cost less.
MG SELECT currently operates 15 Experience Centres across 14 cities in India, providing the dedicated retail channel for the Cyberster and M9.
FAQs
What is the MG Cyberster BaaS price in India?
The MG Cyberster is available under the introductory BaaS programme at Rs 72.49 lakh ex-showroom, plus a battery rental charge of Rs 8 per kilometre.
What is the MG M9 BaaS price?
The MG M9 starts at Rs 69.99 lakh ex-showroom with BaaS. The battery rental is charged separately at Rs 8 per kilometre.
How much does the MG Cyberster battery rental cost?
The BaaS battery rental for the Cyberster is Rs 8 per kilometre. Driving 10,000km would therefore result in Rs 80,000 of battery rental.
Does BaaS change the Cyberster’s performance?
No. The BaaS introduction does not change the Cyberster’s powertrain. It continues with a 77kWh battery, dual-motor AWD system, 510 PS and 725 Nm.
What is the MG M9’s claimed range?
The MG M9 has a claimed range of 548km and uses a 90kWh battery.
Is BaaS cheaper than buying the battery outright?
BaaS reduces the upfront price, but it is not automatically cheaper over the complete ownership period. The final cost depends on kilometres driven, ownership duration, financing and the terms of the battery rental agreement.
Are the Cyberster and M9 available without BaaS?
Yes. MG continues to offer the vehicles through the conventional ownership structure. The current MG SELECT listings show the Cyberster at Rs 82.49 lakh and the M9 at Rs 79.94 lakh ex-showroom.
Conclusion
MG’s decision to extend BaaS to the Cyberster and M9 gives luxury EV buyers a second way to structure the purchase. The headline change is substantial, with the upfront price reduced by around Rs 10 lakh on both models, but the Rs 8 per kilometre battery rental needs to be included in any serious ownership calculation.
For low-mileage buyers, the lower initial outlay could make the BaaS structure attractive from a cash-flow perspective. Higher-mileage users should compare the accumulated rental against the cost of buying the battery outright. In either case, the Cyberster and M9 themselves remain unchanged, so the decision is primarily about how the buyer wants to pay for the EV rather than a change to the products.
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