Mahindra has officially launched the replacement of the Reva electric car, called the e2o. The e2o was earlier showcased at the Auto Expo as the Reva NX-R. It will be manufactured at Mahindra’s new plant in Bangalore. In its first phase, the e2o will head to showrooms in eight cities across India.
Mahindra sees promise in this project and is considering leasing out the batteries which are an expensive component to replace, and has invested Rs 100 crore on the e2o, including the plant.
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