Mahindra’s e2o was launched amid much fanfare in Delhi. The on-road price in Delhi for the T-Zero base model was pegged at Rs 5.96 lakh (on road). But this included sops amounting to Rs 1.8 lakh from the state government. As a result, the e2o in Reva’s home market will cost a whopping Rs 7 lakh (on road). The only sop it gets in Bangalore is a reduction in road tax from 12.5 percent to 5.5 percent for electric cars.
The subsidy in Delhi comprises 15 percent on the base price, a 12.5 percent VAT refund and a 50 percent reduction on the current road tax.
| Mahindra e2o | T0 | T2 |
| New Delhi (on-road) | Rs 5.95 lakh | Rs 6.24 lakh |
| Punjab & Haryana (ex-showroom) | Rs 7.19 lakh | Rs 7.56 lakh |
| Mumbai (ex-showroom) | Rs 6.71 lakh | Rs 7.05 lakh |
| Bangalore (ex-showroom) | Rs 6.50 lakh | Rs 6.83 lakh |
| Hyderabad (ex-showroom) | Rs 7.32 lakh | Rs 7.69 lakh |
| Kochi (ex-showroom) | Rs 6.71 lakh | Rs 7.05 lakh |
| Ahmedabad (ex-showroom) | Rs 7.35 lakh | Rs 7.73 lakh |