Mahindra Reva, country’s only electric car maker, is making plans to build up a sturdy product rangeby the coming years as the demand for electric vehicles is said to go up with mounting fuel rates.
Mahindra & Mahindra (M&M), which got hold of Reva in the year 2010, is also concurrentlyleveraging the firm’s expertise for electrifying a few of its subsisting products.
Mr. Chetan Maini, founder and chief technology officer, Mahindra Reva, stated that the group will roll out one new version on a yearly basis for the coming two three years from the Mahindra Reva podium and some platforms from the Mahindra group.
Mr. Maini added that Mahindra has a sturdy research and development group and currentlythey have a full-grown plant where they have the suppleness to makediversetype of cars.
He added that they have an effective distribution network.
So we have a pipeline of products coming out, probably one new variant every year for the next two years,” added up Mr. Maini.
Mahindra & Mahindra exhibited electric Verito at this year’s Auto Expo, which took place in the national capital.
Theelectric Verito was co-produced with Mahindra Reva. Reva is also making attempts on M&M’s subsisting light commercial vehicles comprising Maxximo and GiO.
Last auto show, we showcased an electric vehicle; the technology is very scalable to other platforms. So, over time, you will see Mahindra vehicles getting electrified. They are all in a development stage and in a couple of years you will start to see them coming out. Like Verito, the prototypes of GiO and Maxximo have been done,” Maini also said.
The firm during the last week kicked off its facility in close proximity to Bangalore with a capacitanceto make 30,000 units on an annual basis. It is anticipatingutilizing the wholecapabilityby the coming three years.
The firm’s NXR (a four-seater car) will be rolled out near Diwali.
Mahindra Reva latelyinked a MoU with the Australian administration for establishing a Greenfieldplant in that nation.
The firm is also making discussions with a few more nations for a comparable biz model.
Even though the firm did not disclose the nations as the discussions are at early stages.