Category: Mahindra E20

Mahindra Reva e2o becomes the victim of the Indian consumers’ ignorance

Mahindra & Mahindra, India’s Utility Vehicle (UV) leader is causing much envy to its rivals as the company is flying high with the great success of its latest SUV launches and going against the slumped market conditions with very positive growth. However, now it seems that even Mahindra has something to worry about post the of its much speculated electric passenger car e2o.

mahindra e20 launch picture

The Mahindra Reva e2o is the first ever venture into the electric vehicle (EV) market of the company, on which Mahindra has invested heavily. Mahindra was very confident about the success of the car in the Indian market, but the recent reports suggest only a lukewarm response from the consumers. The company was expecting a monthly sale of 600 units of e20, which now seems pretty difficult to achieve. The company has revealed that a lot of enquiries about the car are pouring in, but when it comes to actual sales it is below the company’s expectations.

Mahindra took up the green agenda as the company believes in reforming the future of the automotive industry by using innovative and latest technology that will ensure a clean, green and economic way of commuting in India. Mahindra is still very confident that e2o will emerge as a best selling product as soon as the consumers discover the real potential of the car. The car is very economical as it frees the auto owners from the vicious circle of the spiraling fuel prices. The e2o is also the ideal vehicle for the nature conscious modern Indians who know the importance of the prevention of pollution and conservation of the natural resources of the world.

However, being pocket friendly in the long run and a zero emission vehicle, the e2o is yet to taste success in the Indian market.
The root of all evil behind the average response to the e2o is believed to be the costly tag of Rs. 5.96 lakhs for Delhi (after subsidies), while it is over 7 lakhs in the car’s production home town Bangalore. The middle class Indian auto consumers cannot really afford this pocket pinch no matter how eco-conscious he is. However, the Chairman & Managing Director of Mahindra Group, Anand Mahindra urges that the customers should look at the long term cost effectiveness of this vehicle, instead of just looking at its price tag.

Mahindra & Mahindra is definitely unhappy that the Indian government did not issue any subsidies for the electric vehicles that would have considerably help in Mahindra to price the car competitively.

Mahindra Reva has tried every possible way of making the e2o as convenience and economic as possible. The car comes with maintenance free and light Lithium ion batteries, which can be very easily charged at home or office.  The e2o is also equipped with all world class cutting edge technologies, such as Regenerative Braking System, infotainment system, and smartphone apps.

The lukewarm response for the e2o reinforces the fact that the Indian consumers need to be educated about innovative cars that can really help one’s pocket as well as the eco system.

Mahindra Reva ready to spread EVs across India

Mahindra Reva Electric Vehicles is on a mission of bringing about an electric mobility revolution in the country in a bid to cut down pollution and global warming while also fighting against the rising cost of fossil fuels. Mahindra being a leader of the SUV segment of India is confident about the success of the electric vehicles (EV) in India, as it rightly believes that a country like India is in dire need to have considerable EVs running on its roads in order to conserve its eco-system.

mahindra e20

As Mahindra believes in the true potential of the electric vehicles, it is investing heavily on the development, promotion and charge station network for EVs all across India. The first step of the company has been taken as the Mahindra Reva e2o was successfully launched in Delhi followed by Bangalore on Wednesday. The company plans to launch an aggressive promotional campaign to drive up the popularity of the e2o.

The Mahindra Reva e2o is rolled out in eight Indian cities and is soon to be available across the country. Currently, 24 among the 200 Mahindra dealers are given the responsibility to sell the car. The electric car maker Reva which was taken over by Mahindra and is now known as Mahindra Reva is India’s only electric vehicle company. The Bangalore based company had put in around Rs 100 crore towards the development of the e2o concept and the set up of a world class new production facility near Bangalore with a production capacity of 30,000 units.

The e2o concept was first introduced as the Reva NXR and the name was changed to e2o to join the league of all the other Mahindra cars that end with ‘o’. The name e2o stands for energy to oxygen, as it promotes the green agenda.
Mahindra Reva’s primary challenge is to educate the Indian car consumer’s about the vast importance of the electric vehicles. The Indian consumers are particularly reserve about electric cars because of the high price factor as well as charging inconvenience. Mahindra is working hard to promote the e2o’s true potential that will immensely help the consumers economically as it gives absolute freedom from fuel price hikes. Besides being economical it is fully emission free and can be very easily charged at home or office in just 5 hours just like any other electric gadgets. Mahindra is also building an immense charging network throughout the country.

In a bid to lower pollution and as a solution to fuel over consumption the National Electric Mobility Mission Plan 2020 was recently launched by Prime Minister Manmohan Singh to encourage the electric vehicle industry expansion.
Mahindra Reva has big plans for the coming months as after the launch e2o there’s a slew of other electric vehicles in the pipeline that the company plans to develop and launch. In the mean time, Mahindra has already announced the electric variants of its models Verito, Maxximo and Gio to be ready for launch once the company gets a positive feedback about its passenger car e2o from the Indian consumers.

Mahindra Reva E20 – Power In Electric Cars

Backing the Reva concept which originally came from Reva Electric Car Company, based and incorporated in Bangalore, Mahindra Reva Electric Vehicles, which acquired the former Company back in May of 2010, has said that it is confident that electric cars have a propitious future in the India. The 15.9 billion dollar worth Mahindra & Mahindra (M&M) group has said that the Indian market has still not been recognized for its potential where electric cars are concerned and claims it has a few answers being formed by its mechanic and concept squad which will be welcomed by the Indian consumer, in this age of predominately high petrol prices, and progressive response in favor of hybrid cars.

Mahindra e20

Mahindra has launched its ‘e2o’, electric car on Wednesday in Bangalore, and the Company has extensive plans to campaign and advertise the car, to bring about recognition and demand for it throughout the country.

The original Reva was incorrectly assessed by some as being a pre-mature car, citing ill-conceived reasons that the Country was not ready for electric cars. Truth be told, the car was overpriced and despite this, received favorable response. If the new e2o, is priced just right in terms of demand and the quality and comfort it affords, it could break open an era of electric cars, like Mahindra has been vociferously propounding. The new e20 is going to roll out in about eight cities and Mahindra has got 24 from its 200 dealers to sell the car.

Chetan Maini, Reva Chief of Strategy and Technology, of Mahindra Chetan Maini had this to say to Deccan Herald when questioned about the latest car and how electric cars are perceived in India, “There are many markets which need to be penetrated. A robust distribution network is required if this is to be achieved.”

Mahindra Reva is at present, the only electric car manufacturer in the Country with an investment of Rs 100 crore made towards conceptualizing and developing the e2o, and also towards installing a new plant around Bangalore, that has a capacity of manufacturing about 30,000 cars.

The e20 was previously referred to as the Reva NXR by the Company. This car set up herculean tasks for the company, and targets which seemed unfathomable to be achieved. Staying strong by its belief of the potential of electric cars the company has finally created the e20 which looks promising. Mahindra had to take into consideration several factors like getting people to understand the concept and need for electric cars, flying that idea over petrol cars and convincing people of its benefits.

Maini said, “Electric vehicles may emerge as game-changers. But the need of the hour is to educate customers about shifting to electric mobility, from the conventional fuel-run vehicles. Around 85 per cent of oil in India is imported. Hence, people will begin to realise the importance of electric vehicles against conventional fuel-run vehicles. With electric cars expected to become popular and more players foraying into the market, there is scope for greater development of electric mobility. This, coupled with more awareness, infrastructure and government support, will change everything,” he added.

The Company has worked this plan all the way through and has got ready 100 charging points across Bangalore, for its new car and talks with corporate as well as IT firms are underway to engage them in agreeing to have these points present in campuses too.

Mahindra E20 launched in Bangalore

After the successful launch of the Mahindra Reva e2o in Delhi at a subsidized price, the company introduced its electric passenger car in Bengaluru on Wednesday, 3rd April 2013. The green vehicle is priced at Rs. 6.49 lacs (ex-showroom, Bengaluru) and is available with a monthly installment scheme of Rs. 9,257 per month.

mahindra e20

The e2o was developed by the fully owned subsidiary of Mahindra the Bangalore based electric vehicle company, Reva. As the car was launched in its hometown, Chetan Maini, Chief of Strategy & Technology, Mahindra Reva Electric Vehicles Pvt. Ltd. said “The Mahindra e2o is a near perfect amalgam of the dramatic advancements in automotive technology, electronics and information technology”. He also said that the company is very confident about the car being a “real solution to power personal mobility for a sustainable future.”

The Mahindra Reva e2o is a fully electric passenger car with the accommodation capability of 4 full grown adults unlike the first electric vehicle (EV) manufactured by Reva the Reva-i, when it was not a part of the multinational industrial group Mahindra & Mahindra. The e2o was designed as an urban mobility solution that does not consume any fossil fuel and thus is a zero-emission vehicle. The car was not only meant to be nature friendly as it helps in reducing the rising problem of pollution and global warming but is also very economical for the consumers as it does not consume any costly fuel. The car is also an effective solution to preserve the natural resources of the fossil fuel levels. Being cost effective and totally environment friendly, the e2o is a complete package of affordability while also serving a brilliant social and ecological cause. As the Mahindra Group holds the view of presenting a green, smart and economical personal mobility solution, the e2o is a successful first step.

The e2o comes with a very convenient maintenance free next generation lithium-ion battery and new technology 3 phase induction electric engine and is designed for the busy city roads. It comes with a small turning radius to make taking sharp turns very easy, and its unique hill-hold feature ensures safe driving on inclines. The car features an amazing ABS body panels that give it dent and scratch free body.

The e2o gives a good range of 100 kms on a single charge that makes sure you can drive it all around your city without charging worries. The battery can be easily charged at home or at work place using any 15A power socket. Mahindra is also heavily investing in setting up charging stations for the e2o all over the country with 100 charge-stations already in place and there are several more to come. It takes just 5 hours to fully charge the e2o and you are ready to go for another 100 kms.

The e2o also comes braced with all world class features and cutting edge technology along with a superior spacious interior. For instance, the car includes a smartphone application that can lock or unlock the car as well as activate the car’s air-conditioning system by simply sending it a command through the consumer’s smartphone.

Mahindra plans to export its Reva E20 next year

Mahindra aims to export its first ever compact version of the electric vehicle the e20 during the early phase of next year. The Mahindra Reva Electric Vehicle group is a 15$ venture of Mahindra Group. The e20 has been publicized to a large extent months before its launch. The company has priced the vehicle at Rs 7 lakhs, launched in early March in New Delhi.

According to Chetan Maini, the Chief of Strategy and Technology, Mahindra Reva Electric Vehicles Private Limited said, ‘’we are aiming towards the global segment, which is scheduled to occur in early 2014.’’ Pawan Goenka, the President of the Automotive and Farm Equipment Sector of the company announced that the car has not hit the desired sale volume, and will be satisfied with the 300 to 400 monthly unit outcome.’’

mahindra e20 red silver blue color range

The e20 is an electric car built with powerful lithium ion battery which can be charged at home, work place and malls. This car will over power the earlier Reva compact electric car with the fittings of a sedan. Maini is positive of the efficient working of the lithium ion battery and announced its clinical trial safety testing for seven years and the outcome is fruitful. He also said that the e20 has cooling fittings in the event of the battery getting too hot; the cooling effect is contributed by the 50 censors inserted on the battery equipment. The company is working on fitting 100 charge plugs, most of which will be concentrated in malls.

Senior company officials, announced their plans to insert charging plugs in petrol pumps, this decision is in the advanced phase. On the introduction of plug points in bunks, Mr. R Chandramouli said, this strategy will come to light during the next six months. We are planning to take this new plan of introducing plug points to the next level said Chandramouli.’’

Many auto majors are venturing into the electric car segment with the view to emphasize on clean and green technology and reduce pollution. Other auto majors such as Nissan is manufacturing an electric car called the Leaf. The e20 is designed to preserve chunks of money on fuel with lithium ion batteries which can be charged for hours at home and moreover can traverse through 100 kilometers with ease. The battery is designed impressively with 50 cooling insertions to prevent overheating.

The initiative of the company to export the e20 next year is a good move due to its admirable electric charge, convenience to charge your battery at home, and fuel efficient where you can travel long distances. The company has extended the convenience aspect of this car to new lengths by introducing plug points even in petrol stations.

The e20 could be a product to represent a whole new era of electric technology in cars. The adoption of electric cars is still a new concept and there is extensive research and development in the undertaking to transform this technology to a new level. Let’s hope that the export of the e20 next year will elevate the profit sales of the company and the advancement of India’s automobile technology will be recognized globally.

Mahindra Reva e2o electric car might help you preserve chunks of money

Mahindra Reva, the electric car firm, has launched their new and most awaited car, the e20 last week. The car is priced at Rs 5.96 lakh in Delhi after approval from state subsidy. There have been talks about the car enabling consumers to preserve chunks of money which can amount to a huge amount of Rs 4 lakhs by the end of 5 years. Let us figure out how much cash you can save with this car.

Mahindra e20

The e20 is a unique car which represents a new era in electric technology in cars. There has been information on the car being extremely cost efficient. The two door car with four seats is designed with the new generation lithium ion batteries and three phase induction electric motor. The car has an excellent mileage of 100 kms with just a single charge, and you can travel with no worries or hassles for five hours. The car is designed for pure city driving, and is equipped with GPS navigation system, keyless entry, start stop button and world class braking system which enables the battery to charge each time when the vehicle requires re-pumping.

According to information provided on the company’s website, the Mahindra Reva e20 is rolled out in five Indian states of Gujarat, Andhra Pradesh, Karnataka, Kerala, and Maharashtra and two Union Territories of Delhi and Chandigarh. Sources claim after contacting a dealer in Pune, the price of the e20 in Pune was revealed at INR 7.74 lakhs for the entry-level model. The Maharashtra Government does not offer 29% subsidy on electric cars as performed by the Delhi Government. The same scenario is followed by other states. The e20 in Ahmedabad in priced at INR 8.5 lakhs.

Based on the cost of ownership savings, there is a clear picture on how with the Reva you can save up to INR 3.84 lakhs by purchasing a new e20. The Tata Indica eV2LS which is inserted with a 1.4L diesel engine is priced at INR 5.20 lakhs and delivers an excellent mileage of 25 Kmpl. When you now compare this car to the e20, you can save 104,169 for the next five years. You are still spending INR 76,000 more on the e20 in Delhi, an increase of INR 2.54 lakhs in Pune and an increase of 3.30 lakhs in Ahmedabad.

With respect to maintenance, Mahindra Reva announces that you would need to service your e20 once a year and it is incorporated with lesser gears and break handles, but there is a minimal opportunity for wear and tear. The admirable fact of the e20 is the car does not require air filter, oil filter, and so on where you can save a huge figure of 75% on maintenance and servicing. The battery life too is incredible which can run for 5 years. Occupants would need to put down INR 2 lakhs every 5 years to change battery.

The e20 can be cost effective where you can save 75% on maintenance and servicing which is the most important aspect when you purchase a car. The car can operate at 100kms with only a single charge for five hours; in other cars you would need a fuel refill more often even when you travel for three hours.

Mahindra Reva E2O showcased in New Delhi, headed to Iceland

Mahindra Reva has recently introduced its electric car the e20, the car has a mileage of 62 miles inserted with powerful lithium-ion batteries which can be recharged in five hours. The interesting aspect about the e20 is it is connected to a smartphone app and Reva has patented the cutting-edge REVive technology which implies that even on low charge, the app on smartphone can be used to activate the stored energy and you can run your car again. This is indeed remarkable where you can just recharge your battery through a smartphone and not worry too much about your car coming to a halt.

mahindra e20 red front0

The car is designed with ABS (plastic) body panels, the car will be priced at Rs. 5.96 lakhs. The company plans to make a splendid profit with the car by rolling out up to 30,000 units a year.

An enthusiastic car fan from Iceland, Gisli Gislason was present when the e20 was launched in India. In 2009, the car was displayed in Frankfurt. A firm called Gislason’s northern Lights Energy (now termed EVEN, the Icelandic EV Association) has booked 100 Reva NXRs. Last week Gisli to AutoblogGreen said, ‘’even though the NXR was scheduled to launch in the summer of 2010, this was postponed when Mahindra bought the company. Today, the company introduced a much better car with roomier interiors and advanced fitments called the E20.’’ The new strategy is to introduce the cars in Iceland first in December 2013 or January 2014.

Mahindra Reva has unveiled the e20 car at a ceremony at India Gate in New Delhi. The occasion was witnessed by eminent personalities such as Dr. Farooq Abdullah. Hon Minister for New and Renewable Energy, Mr. Praful Patel, Hon. Minister, Heavy Industries and Public Enterprises and Mrs. Sheila Dixit, Chief Minister of Delhi and Mr. Anand Mahindra, Mahindra Group and Dr. Pawan Goenka, Chairman, Mahindra Reva Electric Vehicles Pvt. Ltd.

Mahindra showcases its future-next generation all-electric car with zero emission called the Mahindra e20 which is designed by Reva at the India Gate in New Delhi. Mahindra e20 is a symbol of Mahindra’s vision of the future of mobility expressed by 5C’s called clean, convenient, connected, clever and cost effective. The car is fully automatic with Boost Mode for powerful acceleration and can cover a vast range of 100 km, making this car ideal for city driving. The car can be charged from any 15A power socket which is available at homes and malls. The most interesting part is being able to manoeuvre using smartphone technology which enables switching on the AC, locking or unlocking the car from absolutely anywhere. REVive is the first of its kind remote emergency charge that can be operated through smart phone app, you can call RIA (Remote Interactive Assist).

The Mahindra E20 electric car is a symbol of unique and novel technology to enjoy a pleasurable drive experience where you can charge your car and recharge the remaining energy through your smartphone.

Mahindra e2o is more efficient having taken care of EV negatives

The Mahindra Reva e2o is really a great car at a great affordable price. Well, if you say that what’s so affordable about a price tag of Rs 6 lakh, then you should compare this price against the electric vehicles in the Western markets. Most of them are priced at par with a Jaguar XF or a high-end luxury car. Only seriously environmentally conscious people would have heart to invest for an EV.

Mahindra e2o sun2car solar

As the Chief Technology & Strategy Officer, Mahindra Reva and founder of Reva, Chetan Maini says that the consumers are not willing to pay a high premium for such vehicles. Affordable EVs are the key to volume growth.

If one looks at position of the EVs f the West, Nissan’s EV, Leaf could not meet even half its targeted sales of 20,000 units in the US in 2012. General Motors sold 23,461 of Chevy Volts in 2012, which was three times more than the previous year’s sale, but this number was far below the target of 35,000 to 40,000.

Another hindrance in the path of EV success along with the price is something which is known as the ‘range anxiety’ of these vehicles or the inability to cover long range with a single charge of the battery.

Mahindra Reva e2o is a revolution in its place not only because it is the only proper electric passenger car but also as it takes care of both these glaring cost and range issues. The car priced competitively and it also promises around Rs 4 lakh savings over five years in operating costs. Mahindra Reva also claims that the cost of maintaining the e2o is roughly 75% lower than that of a petrol run car, because EVs have fewer moving parts, and don’t need oil and air filters.

Moreover, EVs have a regenerative braking that is an energy recovery mechanism which is does not wear out the brakes in EVs as in fuel driven cars. Mahindra Reva is also working very hard to set up charging infrastructure across the country to overcome charging problems of the car on the move. The company has to set up over 250 charging points in all the cities where the car is launched.

The Chairman of Mahindra Reva, Pawan Goenka says that the company’s aim is to create 300-500 charging stations in the next couple of years and reach out to more cities like Mumbai, Chennai and some of the key metro and mini metro cities with 90-100 dealerships in the next 12-18 months.

The company is planning to use the entire Mahindra & Mahindra’s ecosystem to set up charging points across India, which includes the retail arm of the company, Mom & Me. Mahindra Reva was really hoping for a subsidy from the Indian government to help the expanse of the electric vehicles in India, which is yet to happen.

The company explains that apart from being green, the EVs consume very little electricity and can help save 100 million litres of petrol per year with depending on the number of EVs on the road.

Mahindra e2o to be priced at Rs 7 lakh in Bangalore

Mahindra e20 was launched in Delhi, and has been the most anticipated car for many months since its launch. The e20 is designed with powerful lithium ion batteries that can be charged at home or in your workplace. The on-road price in Delhi for the T-Zero base version is priced at Rs 5.96 lakhs. The pricing is inclusive of sops which accounts to Rs 1.8 lakh from the state government. This has led to the e20 in Reva’s home market cost Rs 7 lakh (on road). The only sop in Bangalore is a reduction in road tax from 12.5% to 5.5% for electric cars. In Delhi, the subsidy is offered at 15% on the base version, a 12.5% VAT refund and a50% reduction on current road tax.

Mahindra e20

The commitment of Delhi government to introduce zero-emission cars can be owed to the alarmingly high levels of pollution in the city. Delhi was one of the first cities to start the anti-pollution drive which is introducing measures such as emission regulations and CNG buses for mass transit, among others. The e20 is manufactured in Bangalore, and the Government has not been supportive of the price reduction and is rolled out at a price of at least Rs 1lakh more. The base model which is the T-zero is priced at Rs 7 lakh on road and the most loaded model the T-2 is priced at Rs 7.3 lakh (on road). The company announced that the e20 will enter showrooms in other cities in India by the end of March.

The e20 is designed with interesting new refreshments and a more compact design compared to the earlier Reva electric car. Many car companies are introducing electric cars, another example is the Leaf electric car designed by Nissan. The reason for the build of electric cars is to minimize pollution levels and emphasize on clean and green technology. The e20 was manufactured at the reputed factory in Bangalore and the company has invested huge amounts of Rs 100 crore on the research and development of the car. The interesting feature that would draw customers is the lithium ion battery with powerful efficiency that can be actually charged at home or in your workplace.

According to Anand Mahindra, Mahindra Group Chairman to reporters said, ‘’ the launch of the Mahindra e20 marks an important era for the Mahindra Group and this is not only about selling a car, but also emphasizing on the change in lifestyle. We are aiming towards creating an ecosystem that comprises of mobility solutions together with environment-friendly innovations.’’

Our sales target for the e20 according to President (Automotive and Farm Equipment Sectors) Pawan Goenka said, ‘’sales of 400-500 vehicles a month would be a good figure for us. We are keen on Delhi being the biggest market and should account for about150-200 units.’’

The e20 is the first car from Mahindra after introduction of the Reva three years ago. The car is manufactured to aim at a capacity of 30,000 units annually.

Subsidies a critical factor for Mahindra’s electric car

Mahindra and Mahindra Ltd has unveiled its four-seater electric car the e20 which is a compact car on Monday. This is the first electric car developed by the company after buying the electric vehicle Electric Car Co. in 2010 from its parent firm Reva.

mahindrae20 --621x414

Mahindra is keen on rolling out around 500 units of the car per month, which will be priced at Rs. 5.96 lakhs in Delhi. The car will be first introduced in Delhi, Chandigarh, Ahmedabad, Mumbai, Pune, Kochi, Hyderabad and Bangalore. The price of the Delhi car will be the lowest due to a 29% state government tax subsidy. Similar subsidies have been announced by Karnataka and Maharashtra Governments. The price of the car in other cities will be steep at Rs. 8 lakh. The company invested a large amount of Rs. 100 crore in the project.

According to Anand Mahindra, chairman and managing director of Mahindra and Mahindra, ‘’not in the West, but bargaining for electric cars in India will become a common trend due to the population pressure. Electric cars will be a common figure, but not a fairytale product and in India, you can bet on these cars for a reasonable price, since the cost of manufacturing is low.’’

There are other auto majors such as Nissan Motor Co. Ltd’s in Japan who has introduced the electric car Leaf and General Motor Co’s Chevrolet Volt has failed to gather significant profits due to the steep price of electric vehicles.

Mahindra has halted the production and sales of the two-seater electric Reva car since the sales declined by one unit. The halt in production came to effect, after a month when the subsidies provided by the ministry of new and renewable energy paused last year. Under this new scheme announced in November 2010, the government ordered a Rs. 95-crore mass to provide 20% incentive on ex-factory costs of vehicles with a maximum pricing limit. The highest amount stood at Rs. 4,000 in the low-speed electric two-wheeled segment, Rs. 5.000 in the high-speed electric two-wheelers category and Rs. 1 lakh for electric cars. Under this programme the manufacturer would transform the benefits to customers while bargaining on a refund from the Government during a later period.

Mahindra announced that the manoeuvring cost of the e20 would be 50 paise per km compared to the Rs. 5-6 per km pricing of the petrol car. If the customer drives an average of 1,200 km every month, they can save a credible amount of Rs 75,000 a year said Pawan Goenka, chairman, Mahindra Reva Electric Vehicles Pvt. Ltd.

He also said, ‘’we have to count the need to purchase electric vehicles from people and one to start on the building blocks which could either be the infrastructure or the cars. We are the first to manufacture unique products in the electric segment, and if it takes off on a good note, we will have the advantage over others.’’

Mahindra Reva made huge profits of 4,700 units with the original Reva model, out of which 1,500 units was registered in the Indian market and the remaining overseas. With the launch of the new e20 which sports an attractive exterior appearance and powerful electric engine, this car will be beneficial to save on fuel and accommodate many occupants.