Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Mahindra e20 price slashed

February 19, 2014, 12:35 PM IST by Selvin Jose
6094 Views
2 comment(s)
Mahindra e20 price slashed

Mahindra e20 has been in the market for about a year now, the environment friendly vehicle was launched but didn’t do enough on the sales chart. Now, Mahindra has introduced a new scheme which has helped slash the prices of the e20 in a bid to improve its sales performance. The price cut is to the tune of Rs 1.7 lakh.

“We are bringing down the cost of acquisition while guaranteeing customers battery performance coupled with inflation-proof running costs. We will own the battery, all that the customer needs to do is pay a monthly fee,” Mahindra Reva Electric Vehicles CEO, Chetan Maini, said.

Mahindra e20

According to the new scheme introduced by company, the car’s battery is rented out to the customer. The owner will pay an ‘energy fee’ starting from Rs 2,599 per month and will be free to use the car for 50,000 kms for a period of five years. This comes down to a monthly usage of 833 kms a month. The company will provide 24x7 assistance and also provide a courtesy car while the battery is undergoing repairs. This new scheme has brought down the prices of the e20 by about Rs 1.7 lakh in  Mumbai, Bangalore and Delhi where it is on sale now. 

The new pricing under the scheme stands revised at Rs 4.99 lakh against the old pricing of Rs 6.5 lakh. Mahindra Reva expects the new scheme to boost the sales of the e20 EV.

Tags:Mahindra,e2o,Mahindra e2o,Mahindra e20 price cut,e20 price slashed
Show CommentsHide Comments
Ad
  • Upcoming Cars

Toyota GlanzaToyota Glanza

6th Jun 2019

6L - ₹ 9L
Hyundai Kona EVHyundai Kona EV

9th Jul 2019

8L - ₹ 14L
MG HectorMG Hector

Jun 2019

18L - ₹ 23L
Volkswagen Next Generation VentoVolkswagen Next Generation Vento

Jul 2019

8L - ₹ 14L
BMW New 3 SeriesBMW New 3 Series

Jul 2019

50L - ₹ 60L
All Upcoming Cars
Ad

Explore action from the track

Know More

Select your city to avail offers

Currently available only in