 More than a year after Mahindra & Mahindra bought stake in Reva Electric Car Company, the SUV-maker is gearing up to launch its first compact car - it promises nine times the mileage generated by the country's most fuel-efficient petrol-powered car.
The Reva NXR, due for launch next year, will be only the second follow-up model after the Reva, the country's only all-electric car, was introduced in 2001.
The NXR has done away with all the limitations of the first-generation Reva, which did not find takers in huge numbers due to its impractical attributes like smaller range (leading to repeated charging), limited top speed and seating capacity.
The range of the NXR, for instance, stands at 160 km on a full charge, double the range generated by the earlier-generation Reva. The new car can comfortably seat four adults and generate top speed of more than 100km/hr compared to 80km/hr earlier.
Chetan Maini, chief of technology and strategy, Mahindra Reva said on Wednesday that the time was "right" to launch such a product in the market with petrol prices breaking new highs. "Consumers who spend Rs 7,000-8,000 every month on petrol are more interested than ever in alternate fuel technology. The Reva NXR is a huge improvement over the existing model and it will surely get the market excited," he noted.
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