Pravin Shah, president and chief (automotive), Mahindra & Mahindra Ltd, said, “As the pioneer of electric vehicles and integrated mobility solutions in India, it has always been our endeavour to make electric vehicles more accessible and the eVerito is the first electric sedan in our portfolio. With issues like environmental degradation, pollution-related challenges, climate change and energy security, there has never been a better time to switch to electric vehicles.”
Shah added, “With the FAME scheme the Government has already set in motion a conducive environment and hence we can expect faster adoption of electric vehicles in the country. We also appreciate the local subsidy offered by the Delhi Government for electric cars and expect other states to follow it. Going forward we have laid out a clear roadmap for the electrification of our range of vehicles to reduce emission and build an eco-system for electric mobility in India, at par with its foreign counterparts.”
Launched by the centre government in April 2015, FAME India (Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India) scheme offers incentives on electric and hybrid vehicles of upto Rs 29,000 for bikes and Rs 1.38 lakh for cars.
According to Arvind Mathew, Chief Executive Officer, Mahindra Electric, the eVerito is an innovative combination of advancements in automotive, electronics and information technology, paired with minimal running costs and zero tailpipe emissions. “I am confident that India will make that paradigm shift in lifestyles - towards electric mobility solutions that are driven by progressive Government policies,” he added.
Powered by the latest electric drivetrain technology from Mahindra Electric, the direct drive single speed transmission eVerito can be charged at home as well as quick charged in 1 hour and 45 minutes through fast charging technology. On a full charge, the Mahindra eVerito can travel for up to 110 kms (based on vehicle loading) and can achieve a top speed of 86 kmph.
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
)