New Delhi, Mar 19 (): The Mahindra group yesterday launched its most-awaited electric four-seater passenger car ‘e2o’ in Delhi at Rs 5.96 lakh (on road, Delhi).
The car is launched by the company almost three years after Mahindra acquired Bangalore-based electric car maker Reva.
The four-seater e20 is powered by a lithium-ion batteries, with a running cost of only 0.50 paise per km. It replaces Mahindra’s previous electric version, a two-seater called REVAi.
The e20 is powered by a 48V Li-ion battery pack and a 3-phase electric motor which produces 19 KW of power and 53Nm torque. It promises a run of 100 kms on a single charge. Users can charge their vehicle through any 15 amp plug point at home. The e20 has a maximum speed of 81 kms per hour and will take five hours electricity charge for a full run.
The e20 has remote lock/unlock and AC operation, a 6.2-inch touch screen system with inbuilt navigation system, stereo and many other features.
The company said that this car can be further augmented with the help of Sun2Car solar technology to protect and preserve the environment.
Pawan Goenka, Mahindra & Mahindra President 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.”
He added, “We will be happy if we can do about 400-500 units a month. We expect Delhi to be the biggest market and should account for about 150-200 units.”
Delhi government has given a total of 29 per cent subsidy on the electric car and it would be costlier in the other cities. Mahindra ‘e2o’ is the world’s cheapest electric car. The Mahindra Reva Bangalore plant has the capacity to produce 30,000 cars per year.
In the budget, the government had provided full exemption from basic customs duty to lithium-ion automotive battery used in hybrid and electric vehicles.