Mahindra Reva considering Tesla patents for new Electric Vehicles
Market for Electric Vehicles does not seem encouraging here but Mahindra Reva seems to want to broaden and acquire all there is. Indian electric car maker developing a lineup of electric vehicles has turned its eye towards technology patents of Tesla motors.
Mahindra says it is too early to comment on how Tesla technologies could be useful for them. M&M is yet to review the patents and consider possible adoptions to upcoming electric vehicles. Other players like BMW and Nissan are keen on partnering up with Tesla.
Chetan Maini, CEO of Mahindra Reva Electric Vehicles, believes sharing patents and technology is a great idea and would make people rethink on intellectual property and technology sharing.
Upcoming EVs from Mahindra Reva includes ‘Halo’ concept showcased at 2014 Delhi Auto Expo. Completely electric sports car capable of sprinting 0 – 100 kmph in 8 seconds, would go all the way up to 160 kmph top speed. On full recharge, Halo will have a range of 200 km. Expected launch in Indian market in three years.
Mahindra Reva recently launched ‘Goodbye Fuel, Hello Electric’ scheme to improve feasibility of e2o electric car ownership. Announcing a deep price dip of Rs. 1.7 lakhs for e2o electric small car, now for downpayment of Rs. 4.99 lakhs you can buy an e2o, and monthly commitment of Rs. 2,599 will take care of service / maintenance expenses for five years. continue reading..
Electric version of Mahindra Verito sedan is expected to launch this year along with Light Commercial Vehicle (LCV) Maxximo Electric.
Source – Economic Times via PTI
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