Mahindra Reva NXR to hit markets by early 2012
To counter rising fuel prices and make owning a car more within reach, Mahindra & Mahindra (M&M) have announced that they would be launching their…
Reva NXR from M&M would be ready for launch as announced by a top company executive. Mr. Rajan Wadhera, Chief Executive of the company said that Reva NXRT which is at present in the final stages of development would be an electric powered vehicle. It would have the capacity to carry four passengers and according to Wadhera would have all the added features as any other four wheeler.
There were no declarations as to its price but Wadhera said that the car would be highly cost efficient. Though the car would be running on electricity which needs special technology resulting in its high cost, the company was working on development of a cost effective vehicle with additional fuel efficiency. The company sells at least 50 units of their current Reva – 4 model.