Mahindra Brings Reva E2O EV. Priced at Rs.5.96 Lakh

[TheG2]

To make this car more for the masses the price has to be between 3-4 Lakhs. Even 5.96 Lakhs is not worth, since most of the country spends that amount on their primary car and not secondary one. This car, since it only provides 100kms for a charge (5 Hrs ) will surely be 2nd or 3rd car for most of the people buying it.

BTW, how many units to charge it full? ANYONE?

 

[manojodungat]

India's first 4-seater electric car may be the first to be exported to China

With the e2o homegrown auto major Mahindra & Mahindra could drive where no Indian firm has driven. The country's only all-electric four-seater passenger car could well become the first vehicle from India to set sail for Chinese shores.

Mahindra Reva Electric Vehicles (MREV), which launched the e2o in India today, is developing a variant of the electric car for exports scheduled to commence in early 2014. While the export variant would be first shipped to countries in the European region, MREV is additionally looking at opportunities to tap the growing market for electric vehicles in China.

Chetan Maini, chief of strategy and technology, MREV, said, "The export variant would be ready by early next year. We are looking at exporting the e2o to all markets we previously exported the Revai. We will also explore possibilities in China." Nearly half of the 4,750 units of the Revai manufactured since inception were sold in around 24 countries mostly across Europe and West Asia. Developed by Reva Electric Car Company (now renamed Mahindra Reva Electric Vehicles) as the NXR, the e2o will replace the existing REVAi.

Abdul Majeed, partner and leader (automotive practice), Pricewaterhousecoopers said, "It makes a lot of sense for auto makers to start exploring export opportunities in China. It is a huge market. Chinese customers are willing to experiment new products. If a product is good, it shouldn't be difficult to position it vis-a-vis competition in the short to mid term." According to industry estimates the Chinese market has the potential to sell around five million electric vehicles by the end of the decade.

India's first 4-seater electric car may be the first to be exported to China

 

[S Class]

I got sms from silver jubilee motors, camp, Pune. They had launch on 19th March. The price they quoted was Rs.6.70L onwards.

 

[kamlesh_g_k]

Mahindra E2O - Worth Buying Now?

Hi guys,

You got to hand it to Mahindra to launch an electric vehicle.

I went on a test drive.
I like the car, its got good features and it feels good.

Some of the features are kickass. Lots of high end sedans dont have these
-----------------------------------
e20 - has a system connected to satellite.
Thus use an iOS/Android/Blackberry device and stay connected to your e20

Basically use the mobile phone to remotely activate stuff on your car.
Example - Turn your AC on the car using your mobile phone remotely.

What is you run out of charge?
Patented Revive technology. Pick up our smart phone and press - 'Revive' button. This remotely provides 8-10km of backup energy.

Infrastructure - Charging network is available on our smartphone.

10 onboard computers = Energy Management system. Remote debugging of issues, crash reports sent to Mahindra etc. Fixing issues remotely is possible.

The car also has a 6.2 inch touch screen display system (Mp3 player - this screen is connected to main computer system of the car). You can gauge the energy efficiency, how you have driven over the last 6 days, more reports on energy efficiency.

Car has a navigation system, Charging station, indicates the distance that is used.


Regenerative braking - As you take our foot of the accelerator pedal, you get energy into your battery.
This is perfect for Indian stop and go traffic.

Other Features -
Keyless entry, hill mode etc
---------------------------------------------------------


Does not feel like a Sedan or anything but it does the job :)

2 doors can put you off, but its not a problem. Also the rear windows dont roll down! :)

But all in all its good for city commute and an occasional long trip say to Lavasa etc :)

Now the problem. Cost.

I got the cost sheet (Pune rates)
There are 2 models
T0 - 738411
(with no touch screen, no music system and no rear view camera)
T2 - 774256 (fully loaded)

what do u think?
people (lots of my colleagues) spend 5k on petrol for their petrol cars
and i spend close to 3k on stupid public transport (bus + auto)!!!. Which is ridiculous!!

this thing will only take 10 units of electricity with around Rs 5 per unit = u pay Rs 50 per charge and u charge it say
thrice a week = Rs 150 per week = Rs 600 per month for ur entire transportation needs.

If you install the Sun 2 Car system (which costs 1 Lakh) = it charges in 7 hrs so ur running cost is 0 :)

Thatz a huge saving.

As there are no moving parts , oil changes etc there is no maintenance. only once a year check up.

The T2 model is almost 8 Lakhs!

If you compare this with say an i20
People spend 6.5 Lakhs on an i20 -- in that case this electric car beats you hands down on running costs.

If you compare this with say Zen = Rs 3.5 Lakhs - then you can use the remaining 4.5 Lakhs on fuel for 5+ years :)
In that case Zen beats you hands down :)

Also the battery needs replacing and i did not like the 3 year warranty, globally the standard is 5 year or above.
The Nissan Leaf in the USA gives an 8 year warranty.

I feel am overpaying when i pay 8 Lakhs when customers in Delhi get it for 6 Lakhs!

What is your take on this?

 

[Dezire]

Mahindra’s e2o was launched amid much fanfare in Delhi. The on-road price in Delhi for the T-Zero base model was pegged at Rs 5.96 lakh (on road). But this included sops amounting to Rs 1.8 lakh from the state government. As a result, the e2o in Reva’s home market will cost a whopping Rs 7 lakh (on road). The only sop it gets in Bangalore is a reduction in road tax from 12.5 percent to 5.5 percent for electric cars.

The subsidy in Delhi comprises 15 percent on the base price, a 12.5 percent VAT refund and a 50 percent reduction on the current road tax.

The Delhi government’s commitment to the zero-emissions cause is understandable owing to the high levels of pollution in the city. It was one of the first cities to start an anti-pollution drive, introducing measures like emission regulations and CNG buses for mass transit, among others.

In the e2o’s home city Bangalore, however, the government has not been as supportive and the car is expected to cost at least Rs 1 lakh more. The base model (T-zero) will cost Rs 7 lakh (on road) and the top end model (T-2) will be priced at Rs 7.3 lakh (on road).

The e2o costs the most in the country in Ahmedabad where the top-end model comes with a price tag of Rs 7.73 lakh (ex-showroom).



The carmaker said the EV is expected to enter showrooms in other parts of the country by the end of March.
Mahindra e2o prices





Mahindra e2o T0 T2
New Delhi (on-road)
Rs 5.95 lakh

Rs 6.24 lakh

Punjab & Haryana (ex-showroom)
Rs 7.19 lakh

Rs 7.56 lakh

Mumbai (ex-showroom) Rs 6.71 lakh
Rs 7.05 lakh

Bangalore (ex-showroom)
Rs 6.50 lakh

Rs 6.83 lakh

Hyderabad (ex-showroom)
Rs 7.32 lakh

Rs 7.69 lakh

Kochi (ex-showroom)
Rs 6.71 lakh

Rs 7.05 lakh

Ahmedabad (ex-showroom)
Rs 7.35 lakh

Rs 7.73 lakh







Mahindra's e2o a pricey affair | News | Autocar India

 

[visran]

At these prices it's a real hard sell to promote this product other than in Delhi, hope central govt will soon announce their new incentive plan sooner

 

[ERTIGA_ZMR]

I had a plan to buy this car for city commute but 7+ lakhs and after 5 years need to replace battery doesn't seem to be smart buy. Now planning to wait for Maruti 800cc diesel or Nano diesel as new companion for Ertiga :).. I wish the car would have been normal budget electric car even if just 2 seater as this is definitely 2nd car and made for city use.

 

[Vishwas]

I had a plan to buy this car for city commute but 7+ lakhs and after 5 years need to replace battery doesn't seem to be smart buy. Now planning to wait for Maruti 800cc diesel or Nano diesel as new companion for Ertiga :).. I wish the car would have been normal budget electric car even if just 2 seater as this is definitely 2nd car and made for city use.

For the budget of this e20 in Bangalore you get a nice figo or beat diesels to drive.

Not at all worth the price but for the features, again there's no less buyers for it too! better to see as a niche product IMO

 

[visran]

The prices for the replacement battery is 1.5L according to India garage sales person

 

[Dezire]

In 2012, Nissan's flagship electric vehicle (EV) Leaf failed to meet even half its targeted sales of 20,000 units in the US. This compelled CEO Carlos Ghosn to cut the price of Leaf by $6,400 to $28,800.


Tesla Motors, run by a Calfornia billionaire and entrepreneur Elon Musk, failed to meet its production target in 2012; that resulted in the EV maker failing to meet a commitment on a term loan of $465 million.

General Motors (GM) sold 23,461 Chevy Volts in 2012, three times the previous year's number. However, these sales were still well below the target of 35,000 to 40,000; even this target was revised downwards from 60,000 units initially targeted by its CEO Dan Akerson.

The point of these numbers: consumers in developed countries haven't been taken in by the hype created around EVs. That explains why global EV sales in 2012 were just 0.12% of the total 74 million vehicles sold.

So why then is the top brass of Mahindra & Mahindra (M&M), which launched the e2o early this week, so upbeat? Answer: its affordable price of Rs 6 lakh, or what a high-end automatic petrol-engine hatchback would cost in India.

Contrast that price tag against those for EVs in the West. The Leaf, for instance, is priced virtually at par with a Jaguar XF (if you exclude government subsidies on these vehicles in some countries) and only seriously 'environmentally conscious' buyers with that kind of budget will plump for an EV. The Chevy Volt is even more expensive, at almost $40,000.

"Consumers are not willing to pay a high premium for such vehicles. Affordable EVs are the key to volume growth," said Chetan Maini, chief technology & strategy officer, Mahindra Reva and founder of EV maker Reva.


M&M’s e2o can save you Rs 4 lakh in five years - The Economic Times

 

[S Class]

First, how many areas or cities in India have electricity for atleast over 18 hrs in a day ? In Pune, we use generator atleast twice a week, this despite MSEDCL taking more rate/unit for zero load shedding, crap. Now, if I charge this car when generator is ON, this essentially means that I run this car on diesel. So, why not buy Vista D90 ??
And in Maharashtra, due to drought, there is no water to supply to power plants, many power plants are running on 1/3rd or 1/4th of their capacity. For such cars to be hit, we first need to have proper electric supply in the country.

BTW, the electricity rates in Pune are India's highest or atleast amongst top 3. Hence, it becomes more uneconomical to drive such cars in cities like Pune.

 

[cooljeba]

They should have released a version with just two Seats.. It would be perfect for office drive. 7L for a car that can't go more than 100kms in a stretch is ridiculous.. A price range of around 3.5 - 4 would be perfect!
This will payoff only if it is your primary vehicle, because if one is buying to save fuel that's would be dumb. Imagine how much fuel you can pour in 7Lakhs!

But I don't understand whom they are trying to target ?

 

[visran]

They should have released a version with just two Seats..

I agree with you, or they could have retained the older 2 seater model(Reva I) which had a reasonable range and the battery replacement was cheaper too.the entry into Reva brand is too steep.

 

[ERTIGA_ZMR]

I wish the car would have been normal budget electric car even if just 2 seater as this is definitely 2nd car and made for city use.

They should have released a version with just two Seats.. It would be perfect for office drive. 7L for a car that can't go more than 100kms in a stretch is ridiculous.. A price range of around 3.5 - 4 would be perfect!


But I don't understand whom they are trying to target ?

I agree with you, or they could have retained the older 2 seater model(Reva I) which had a reasonable range and the battery replacement was cheaper too.the entry into Reva brand is too steep.

This shows that buyers think in the same direction but seller have something different in mind. I believe only Maruti understans Indian customer very well.

 

[visran]

This shows that buyers think in the same direction but seller have something different in mind. I believe only Maruti understans Indian customer very well.

None of us are entirely honest here, this car run's on a alternative propulsion which is expensive to produce,if you compare the car's price to it's other and only international competitors E2o is still priced very competitively.

Mahindra never claimed that this model is an alternate to other conventional hatchbacks, it is an serious effort from an organic company which needs to be applauded. but as of now without any support from Govt this car will be a hard sell for the company.