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India

Kia India launches Battery-as-a-Service finance program for Carens Clavis EV

On May 13, Kia India launched a Battery-as-a-Service (BaaS) finance program for the Carens Clavis EV. Under the dual-loan structure, separate loan accounts are created for the vehicle chassis and battery, with EMI starting at INR 51,520 and a battery repayment plan of INR 3.3 per kilometre.
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