MG Cyberster, M9 BaaS: Price, ₹8/km Battery Cost and How It Works

MG SELECT has introduced its Battery-as-a-Service (BaaS) ownership option for the MG Cyberster and MG M9 in India. Under the new structure, buyers pay a lower upfront price for the vehicle and a separate ₹8 per km battery rental charge on top of it.

This isn’t a conventional price cut. Instead, MG has separated the battery cost from the vehicle’s upfront price, which changes how buyers need to calculate the overall ownership cost. Here’s what the BaaS price actually means, how the ₹8/km charge adds up, and what buyers should check before opting in.

MG Cyberster and M9 BaaS Price in India

All prices are ex-showroom, India.

Under BaaS, the Cyberster is priced at ₹72.49 lakh and the M9 at ₹69.99 lakh, each with an ₹8 per km battery rental charge added on top based on usage. Against their regular prices of ₹82.50 lakh and ₹79.95 lakh, that works out to an upfront difference of roughly ₹10.01 lakh on the Cyberster and ₹9.96 lakh on the M9.

That upfront difference isn’t the final ownership cost, though. It only covers the vehicle’s purchase price; the buyer continues to pay the battery rental separately based on usage, subject to the terms of the BaaS agreement.

What Is Battery-as-a-Service?

BaaS is a way of splitting the cost of an EV into two parts instead of one.

Normal EV ownership: you pay for the car and the battery together, as one upfront price.

BaaS: you pay a lower upfront price for the vehicle, and separately pay for battery usage based on how many kilometres you drive.

If you drove 1,000 km in a month, an ₹8/km rate would mean ₹8,000 in battery rental for that month. Importantly, ₹8/km is not the cost of charging the EV; it is the separate battery rental charge. Electricity used to charge the car is an additional expense.

How Much Does the ₹8/km Battery Rental Cost?

Here’s what the ₹8/km rate works out to at different driving distances. These are simple calculations based on the announced rate, not full ownership-cost figures.

These figures don’t include charging cost, insurance, financing, or maintenance; they only reflect the battery rental component.

Does the ₹10 Lakh Upfront Difference Actually Save Money?

The roughly ₹10 lakh difference is an upfront reduction, but whether BaaS works out differently over the ownership period depends on how much the car is driven and what the agreement includes.

The Cyberster’s upfront difference is ₹10.01 lakh, and the M9’s is ₹9.96 lakh. Against that, the buyer pays ₹8/km based on usage. As a simple arithmetic comparison, dividing the upfront difference by the per-km rate, the cumulative battery rental would equal the upfront difference at around 1.25 lakh km for both models.

This is only a basic calculation, not a total-cost-of-ownership comparison. A buyer who drives less will accumulate less battery rental over the ownership period, while a high-mileage buyer will accumulate more. The actual financial outcome depends on the complete BaaS agreement and other ownership costs.

What Changes on the MG Cyberster?

BaaS doesn’t bring any mechanical changes to the Cyberster. The electric roadster continues with its existing specifications:

• 77kWh battery pack
• Dual-motor all-wheel-drive setup
• 510PS and 725Nm
• Claimed range of 580km

What Changes on the MG M9?

The M9 is similarly unchanged mechanically. It continues as a luxury electric MPV with:

• 90kWh battery pack
• Front-axle-mounted electric motor producing 245PS and 350Nm
• Claimed range of 548km
• Features such as multi-way adjustable seats, dual sunroof, and Level 2 ADAS

BaaS changes the ownership and payment structure for both models, not the vehicles themselves.

MG Cyberster vs M9 BaaS

The two vehicles serve very different purposes; the Cyberster is a two-seat electric roadster, while the M9 is a luxury electric MPV.

Who Could Consider the MG BaaS Option?

BaaS could suit buyers who:

• Want to reduce the amount of capital tied up in the vehicle at purchase
• Have a reasonably predictable annual driving pattern
• Prefer a usage-linked payment for the battery rather than paying for it outright
• Are comparing initial purchase cost more than total lifetime ownership cost

Buyers who expect to drive a lot each year need to work through the ₹8/km math carefully before deciding, since the rental cost adds up over time and can offset the upfront difference.

What Buyers Should Check Before Choosing BaaS

Before opting for BaaS on either model, it’s worth confirming the exact terms directly with MG SELECT, including:

• The battery rental terms and how long the rate is locked in for
• The contract duration and any minimum usage requirements
• Financing structure, if applicable
• What happens to the battery rental arrangement if the car is resold
• Battery-related warranty or coverage terms
• Any other charges that may apply alongside the ₹8/km rate

These are the kind of details that vary by contract and aren’t always covered in the initial announcement, so it’s worth verifying them before signing up.

What Has Not Changed?

BaaS does not introduce a new powertrain, battery, or performance update for either model. The Cyberster and M9 retain their existing specifications; the key change is how the battery cost is paid for.

Final Verdict

MG’s Cyberster and M9 BaaS options bring the initial purchase price down by close to ₹10 lakh, but the ₹8/km battery rental changes how buyers need to look at the overall cost. The headline price is only one part of the calculation; annual driving distance and the exact BaaS agreement will matter when comparing it with buying the car outright.

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Komal Thakur

AUTHOR & EDITOR

Hi, I’m Komal Thakur, an automobile content writer at Cars Bikes Hub with 1 year of experience in creating informative and reader-friendly blogs and articles about cars, bikes, electric vehicles, automotive news, vehicle comparisons, and the latest industry trends.