Go Back   Team-BHP > BHP India > The Indian Car Scene

Thread Tools Search this Thread
Old 22nd December 2015, 12:37   #1
Team-BHP Support
Join Date: Feb 2004
Location: Mumbai
Posts: 6,339
Thanked: 16,887 Times
Default Mahindra Reva plans to launch its vehicles in Europe in 2016

Mahindra Reva is planning to start selling its electric vehicles in Europe in calendar year 2016.

According to Mahindra, the ecosystem for electric cars is growing. Europe accounts for 30% of the sales of electric cars in the world. The US and China have an equally large share. Japan accounts for 8-9%.

The company will export its cars as CBUs from India. The company does not believe that it will have to expand the production capacity of its manufacturing facility in Bengaluru. The plant can roll out 30,000 vehicles annually.

Mahindra Reva, which makes the E2O electric car, has not had much success selling its products in India. At present, the company has presence in eight major cities in India, where it sells its cars through Mahindra dealerships. It is looking to expand its presence in the country in the coming year.

According to Mahindra Reva, the success of an electric car is dependent on the local tax structure and the charging infrastructure. The Government of India launched the FAME - a scheme for the adoption and manufacture of electric and hybrid vehicles. Following this move, Mahindra Reva slashed the prices of the E20. Even after the price cut, the company has not been able to sell the car in significant numbers.

Source: ET Auto
Aditya is offline   (4) Thanks Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hyundai to launch luxury sedan "Genesis" in Europe EDIT: Mulls Indian launch as well mints21 The International Automotive Scene 19 4th November 2015 18:34
Royal Enfield plans to launch a new product every year from 2016 Aditya Motorbikes 8 16th July 2015 14:28
Tata Motors plans to launch 100 new commercial vehicles by 2018 Aditya Commercial Vehicles 0 6th February 2015 17:00
2011 i10 Asta A/T - its Korean, its new, its fast, its red, and its coming. nirupesh Test-Drives & Initial Ownership Reports 1 8th January 2011 10:45
Mahindra & Mahindra to take Reva to China airbender The Indian Car Scene 2 30th October 2010 12:23

All times are GMT +5.5. The time now is 03:30.

Copyright ©2000 - 2016, Team-BHP.com
Proudly powered by E2E Networks