Mahindra Reva Verito Electric India launch by December 2014
Mahindra Reva Electric Vehicles, a part of the Mahindra Group, is getting ready to launch electric version of their entry level saloon, Verito in India. But, before that, the car will be launched in India’s neighboring country, Bhutan by as early as September this year.
The reason Verito Electric will be launched in Bhutan before India, is because of the fact that Bhutan’s government interest in making their country free from fossil fuel in the near future. They have a demand for 5,000 electric taxis, which is what Mahindra Reva is aiming to tap with the Verito electric sedan.
Post launch in Bhutan, Mahindra is also planning on taking the Verito to Sri Lanka and Nepal. The launch of Verito Electric in India is however delayed due to the absence of government offering subsidies for the electric car ecosystem. The company is poised for launch by December this year, but awaits clarity from government on their National Electric Mobility Mission Plan (NEMMP) in this regard, reveals ET.