M&M have come up with the all new and improved - Mahindra Reva. The company has timed its product offering well, with New Delhi Government, which has offered an incentive for EVs. The Rajasthan government too has completely wiped out the applicable Regsitration and Road tax on electric vehicles and has also exempt applicability of value added tax. Mahindra & mahindra Reva is in addition looking for incentives from the government of Kerala for tariff breaks. The union government has come up with offer of Rs 100,000 and 20% waiver on the ex-factory cost under the scheme of Ministry of New and Renewable Energy. The electrical vehicle is available to automobile and environmental lovers from 4 dealers. The corporation is looking ahead and expects to triple it sales in coming 12-18 months. M & m Reva targets to sell 2500 vehicles during the coming year. Other than the Indian market, the corporation is looking at retailing this vehicle in the international markets of United Kingdom, France, Spain and Norway. This comfortably priced car is retailed for only about INR 3.1 Lakh. Mahindra Finance is running a interest free refundable deposit scheme benefit. Initial deposit of Rs 1 Lakh followed by monthly EMIs of approx. Rs. 7999, for a duration of 3 years comes as a sale promotion package. Furthermore, the customer has the option of returning the vehicle after 3 years. The driver can accelerate the auto with a better boost mode. It is a car for the hills. With its restraint functionality the automobile is excellent for mountain terrain. It is the electriacal power that is the heart of the auto. The EMS system or the Energy Management System of the auto for is optimized for better performance of the auto and long life to the battery. The regenerative system for the brakes is to help in electrical power regeneration in addition to the slowing down the car with its application. The dual brakes provide a sense of control to the consumenr. The car has a rated top speed of 80 Kmph. The car requires minimal day to day maintenance. The cost effectiveness and environment friendly technology makes this the ideal automobile for ourjam packed cities. It is a vehicle with no emissions and creates almost zero noise pollution except perhaps, the humming like sound of bees. The present two seater model the is predecessor to four seater Reva that is coming in 2012.
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