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M&Mís electric vehicle e2o can save Rs 4 lakh in five years
25-03-2013 | http://economictimes.indiatimes.com/slideshows/auto/mms-electric-vehicle-e2o-can-save-rs-4-lakh-in-five- years/slideshow/19157970.cms

Why then 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.

 

 

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Today's car repair blog: Sunita Sinha - 2018-02-24 09:06:50