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Electric Verito Coming In 2014

Mahindra Verito Vibe via Mahindra.

Mahindra Verito Vibe via Mahindra.

The Indian automaker Mahindra and Mahindra Ltd has announced (loosely) that it will be offering an electric version of its Verito sedan in 2014.

Technology from subsidiary Reva, which is focused on electric vehicles and was acquired by the company in acquired in 2010, will be used in the electric Verito.

Ravindra Shahane, Senior General Manager, Marketing, Automotive Division of Mahindra, noted that there are challenges in the EV market that have delayed the car’s launch, but assuming those (which are likely related to Indian politics and policy) are cleared up soon, he noted, “We hope to launch it next year.”

 

Mahindra e20

Mahindra e20

Mahindra Reva recently unveiled the e20 electric microcar in India. As I wrote in March, the e20 has a range of 60 miles on full charge, and it has a top speed of 60 miles per hour. Mahindra Reva’s aim is to sell about 30,000 electric cars by 2015–2016 — that’s the capacity of its Bengalaru factory. However, about half of those are aimed for export.

The policy issue of concern is likely that, while India has ongoing incentives for manufacturers of electric vehicles, it recently cut incentives for EV consumers. However, it’s assumed those will return in some form.

 
Written By

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. Zach has long-term investments in TSLA, SCTY, FSLR, SPWR, SEDG, & ABB. After years of covering solar and EVs, he simply had a lot of faith in these companies and felt like they were good companies to invest in as a portion of his retirement strategy. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.

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