Mahindra e2o receives a price slash of INR 92,000 – IAB Report

Posted on: May 2, 2015 - 4:15pm IST

Price slash due to new government incentive.

The Mahindra e2o is now more affordable than before thanks to a new initiative called FAME (Faster Adoption and Manufacturing of Electric vehicles) formed by the central government.

2014 Mahindra e2o front three quarters right
The scheme reduces the price by 16 percent from its earlier price of INR 5.71 lakh (on road Delhi).

The scheme reduces the car’s price by 16 percent from its earlier price of INR 5.71 lakh (on road Delhi) along with a fixed energy fee of INR 2,999 per month for five years or 50,000 km.

The car has a lithium-ion battery pack that takes five hours for a full charge and weighs 830 kg. It delivers a range of 120 km and a top speed of 90 km/h.

2014 Mahindra e2o rear three quarters left
The e20 was launched in 2013, long before the government introduced any incentives for electric vehicle.

Also Read: Mahindra Quanto facelift spied with DRLs; launch 4-5 months away

The e20 was launched in 2013, long before the government introduced any incentives for electric vehicle. Without such incentives, the high price and low popularity of EVs led to its poor response in the market.

Mahindra e2o price slashed by INR 92,000 – Press Release

[Can’t see the press release? Head over to Slideshare]

2014 Mahindra e2o – Image Gallery

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One thought on “Mahindra e2o receives a price slash of INR 92,000 – IAB Report

  1. phuntsho says:

    No matter by how much the price is reduced, E2O will I think will not fire up the demand. There is something wrong in the design of the car. It’s frog like boxy design is ugly and does not look appealing. Unless it is trying to make a statement, the company should relook at it’s basic design structure. See how and what Tesla is doing. Don’t overdo and try to be ostentatious and different.

    Reply

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About the Author
Aravind
Aravind Jayachandran

In short, Aravind is a huge petrolhead and an automobile engineer. He is also a massive fan of Ferrari, and loves to collect die-cast models for inspiration.