After years of going solo, the Mahindra Reva e2o finally ended its lonely streak with the launch of the e-Verito. It looks like Mahindra wants to speed up the slew of new EV launches, and a senior executive from the company has revealed that two new products will be launched by the end of 2016.
While such numbers are hardly motivating, Mahindra is looking to take advantage of the situation and build its reputation as a zero emission car maker before any competing brands can take advantage. The addition of two new models will give the segment’s small share of customers more options to choose from, not to mention, show potential buyers that Mahindra is serious about EVs.
"India needs to look at incentives for electric and hybrids again. In China, almost half of the cost of the green vehicle was incentivised. Even though it need not be that high here, but it certainly has to be higher than what it is," said Sachdeva. Electric cars in India face 3 primary obstacles – the car’s price, the travel range limitation of EVs, and the lack of a proper charging infrastructure, even in Tier I cities like Delhi and Mumbai.
Manufacturers are working on the improvement of battery capacities, but while carmakers and the government have to function together to setup the charging network, the administration will have to motivate motorists to opt for zero-emission cars by putting them under a more lenient tax structure.
Source : CarDekho
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
