Mahindra launches first electric car e2o

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Greentech Lead Asia: Mahindra has group launched its first electric car e2o and priced at Rs 5.96 lakh.

The group is planning to extend the electric mobility technology to its two-wheelers, while seeking support from the central government for pushing eco-friendly vehicles.

“The launch of the Mahindra e2o marks an important milestone for the Mahindra Group. It advances the group’s efforts at redefining sustainable urbanisation with the creation of an ecosystem that includes mobility solutions along with other environment friendly innovations,” said Mahindra Group Chairman Anand Mahindra.

The two-door, four-seater car is powered by lithiumion batteries and a three phase induction electric motor. It has driving range of 100 kms per charge, which takes 5 hours for one full charging. The automatic car is aimed for city driving.

It has features like GPS navigation system, keyless entry, start/stop button, regenerative braking feature, which puts energy back into the car’s batteries and charges them every time it is slowed down or brakes are applied.

Mahindra & Mahindra President (Automotive and Farm Equipment Sectors) Pawan Goenka said: “We will be launching it in eight other cities over the next three to four weeks. The prices will vary as it would depend on how much subsidy state governments will give to the electric car.”

In Delhi, the government has given 29 percent subsidy on the electric car as a result of which the company has been able to sell it at an on-road price of Rs 5.96 lakh. It would be more expensive in other cities.

The e2o will be launched in Mumbai, Bangalore, Pune, Ahmedabad, Hyderabad, Chandigarh, Pune and Kochi.

Mahindra developed the e2o on Reva’s technology platform. The company has invested Rs 100 crore for developing the car and building a manufacturing plant with an annual capacity of 30,000 units a year.

The company has already set up over 250 charging stations in various cities, with 95 in Delhi and over 100 in Bangalore.

editor@greentechlead.com

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