Mahindra Reva EV kits consist of full suite of integrated electric vehicle technology solutions, details of drivetrain development, battery pack, HVAC and telematics for remote diagnostics. This equipment if fitted by other automakers in their models will result in saving of time and lower cost of development thus making the upcoming electric vehicles more economically viable right at the outset.
Chetan Maini, the outgoing CEO of Mahindra Reva has affirmed this decision to share EV kits with other auto makers. Maini is being replaced by Arvind Mathew, former MD of Ford Motors India on May 1, 2015. Maini has also confirmed launch of two electric cars – Verito sedan and Maxximo mini van in the near future. He is also confident that the future will see more buyers in the electric car segment.
Increased demand for electric vehicles was seen with the company already handing over four battery powered Maxximo electric vans to the Agra Development Authority. These vans will be used along Taj Mahal Emission Corridor while the company gears up for launch of the European version of Mahindra Reva. Over 5,500 Reva electric vehicles have already made their way to 24 global markets while in July 2015, Mahindra plans launch of a new variant of Mahindra e2o which will have a range of 120 km.
Maini also looks ahead at increased demand and is hopeful that this year’s budget will include some allocation that will make electric vehicles more affordable to customers.