The car, called e2o, runs on lithium ion batteries that allow it to travel 100 kilometers in one charge, the company said in a statement Tuesday. The vehicle, the only four-seater electric car in India, can also be solar charged, the statement said. The company will produce it at its new plant in Bangalore and plans to launch it in the market by March.
The name of the vehicle â pronounced âee to ohâ â follows the Mahindra tradition of having vehicle names ending with o (Scorpio, Bolero, Xylo, Gio, Genio). The company said the âeâ in the name stands for the energy of the sun, and the â0â for oxygen.
It replaces the companyâs only other electric vehicle, REVAi, a two-seater mini car.
âWe have almost stopped selling the REVAi and will focus on the current product now,â Chetan Maini, founder and chief of strategy at the companyâs electric car unit, Mahindra Reva Electric Vehicles, told India Real Time. The company hasnât said how much the car will cost.
Electric or hybrid vehicles havenât sold in high numbers in India primarily due to lack of infrastructure and inadequate investment by the government.
Over the next five to six years, the government plans to spend up to 138.50 billion rupees ($2.50 billion) to boost the electric car market and plans to have about five million to six million such vehiclesâwhich includes two-wheelers, three-wheelers and small trucks apart from passenger carsâon the road.
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