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Mahindra-s-e2o-a-pricey-affair

Mahindra's e2o a pricey affair

Mahindra’s e2o was launched amid much fanfare in Delhi. The on-road price in Delhi for the T-Zero base model was pegged at Rs 5.96 lakh (on road). But this included sops amounting to Rs 1.8 lakh from the state government.

Mahindra's e2o was launched amid much fanfare in Delhi. The on-road price in Delhi for the T-Zero base model was pegged at 5.96 lakh (on road). But this included sops amounting to 1.8 lakh from the state government.

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As a result, the e2o in Reva's home market will cost a whopping 7 lakh (on road). The only sop it gets in Bangalore is a reduction in road tax from 12.5 percent to 5.5 percent for electric cars.

The subsidy in Delhi comprises 15 percent on the base price, a 12.5 percent VAT refund and a 50 percent reduction on the current road tax.

  • First Published Date : 22 Mar 2013, 05:54 PM IST