Mahindra Reva electric vehicles, the EV arm of the Mahindra conglomerate has inaugurated its new manufacturing facility near Bengaluru. The plant, which was built with an investment of Rs 100 crore, uses sustainable methods in manufacturing and was recently awarded the Platinum rating by the Indian Green Building Council.
Anand Mahindra, chairman Mahindra Group, during the inauguration unveiled the company’s vision for the future of mobility which he conveyed through five Cs: Clean, Convenient, Connected, Clever and Cost effective. He also said that the auto industry had reached a point where there was change going on in the way people used mobility solutions.
Mahindra also unveiled a variety of technologies for its electric vehicles like the ‘Quick2charge’ where an EV could be charged in 15 minutes to run up to 25km, 'Sun2car’ which allows the car to tap the potential of solar energy and ‘Car 2 Home’ which allows the car to power a house.
Speaking on the future of electric vehicles, Pawan Goenka, chairman Mahindra Reva Electric Vehicles, said “EVs were being seen as a serious alternative to fossil fuel vehicles and in this regard the company had built its facility to take the lead in developing the EV segment.
The company has achieved 95 per cent localisation for the product, but is unable to keep the cost of the car down due to the absence of lithium-ion battery manufacturers in the country. We can expect the next-gen Reva to launch in the next couple of months.
