On Monday the Indian auto manufacturing company Mahindra & Mahindra has started the sales of the new electric vehicle e2o on the local market. The unusual name of the model means the sun energy (the “e”) and oxygen (the “o”) that are the key elements to make it move. The Company Sais that this electric vehicle is equipped with lithium-ion batteries which charge is enough to keep the car going for the 100 km distance. The interesting thing about this electric model is the fact that the batteries can be recharged from an ordinary electric socket as well as from sun’s energy. The five-door hatchback’s price is 596.000 rupees (around $ 11.000). The e2o replaced the two-door electric REVAi model and is expected to have more sales than its predecessor.
The Indian Government is trying to increase the popularity of the electric cars. That’s why starting from April of this year the import duties on lithium-ion batteries and some other components and parts for such vehicles will be cancelled.
Apart from that the Indian Government is planning to invest almost $ 2.5 billion into the national auto manufacturing industry’s development in the next 5 to 6 years. The electric vehicles segment of the national auto market and its development is the main priority of this new policy. This segment has not received the sufficient amount of investment and has been a really week spot of the Indian’s auto manufacturing industry for a long time. That’s why the sales of the electric vehicles in India are so insignificant. Other reason is the lack of a proper infrastructure for such vehicles.
India is not the only country to take steps in promoting electric vehicles that are safer for the environment at the government level. Last month for example Estonia became the first ever country to establish a nationwide network of electric charging stations that allows you to quickly recharge your vehicle anywhere you go. No wonder the electric vehicles are more popular in Estonia than in India, just imagine being stuck with your shiny new car in a middle of nowhere, nobody wants to experience that in India.