Mahindra Reva to launch new E2O variants, Verito Electric and Halo sportscar in 2015

The Indian government is yet to roll out the 14,000 crore rupee subsidy outlay for the National Electric Mobility Mission Plan 2020. However, this has not stopped Mahindra Reva from being bullish about the electric vehicle space in India. Even as Mahindra Reva hopes that the NEMMP 2020 will be rolled out soon, the electric vehicle maker has a slew of electric vehicle launches lined up for launches over the next one year.

Over the next 2-3 weeks, Mahindra Reva will launch the Maxximo Electric, India’s first pick up truck to go electric. The Maxximo Electric will be aimed at intra-city goods transport and will function as a goods mover that is frugal to run. The Maxximo Electric is expected to be pricier than the regular, diesel powered model. Mahindra Reva, for its part, is likely to offer a battery leasing scheme for the Maxximo Electric, as a deal sweetener to potential mini pick up truck buyers.

In 2015, Mahindra Reva will launch new variants of the E2O electric car. An electric power steering equipped Premium variant is likely to be offered on the E2O next year. Another new feature on the E2O will be the Quick2Charge feature that dramatically reduces the time required to recharge the electric car’s stack of lithium ion batteries. The E2O variants with the above features will arrive next year.

Mahindra Reva will also launch the Verito Electric sedan next year. This car will mark another first for the Indian car market, which will get its first electric sedan. The Verito Electric will use a stack of lithium ion batteries and an electric motor for propulsion. The electric sedan will come with a range of 100 kilometers per charge and an 86 Kph top speed. Charging time for the battery stack is rated at 6 hours. The Verito is a dud for Mahindra in terms of sales and the electric variant is aimed at boosting numbers.

The Halo was an electric sportscar concept that Mahindra Reva showcased at the 2014 Indian Auto Expo. The Halo will hit production in 2015, as India’s first electric sportscar. The low slung Halo will also be Mahindra’s first entry into the sportscar world. The electric sportscar is claimed to manage the 0-100 Kph sprint in under 8 seconds. A heady 160 Kph top speed and a 200 kilometer range makes the Halo the closest thing that Indians can have to the Tesla Model S. Expect a price tag close to the 20 lakh rupee mark for the Halo as high performance electric cars don’t come cheap.

Via BusinessStandard