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Tuesday, January 18, 2011

In India, the electric car market has only one player at the moment — Mahindra Reva EV Ltd — with total sales of 3,700 units since launch in July 2001. Electric cars may become cheaper by up to Rs 1 lakh with manufacturers expected to pass on to the consumers the benefits of the Rs 95-crore incentive package extended by the Government to the industry. File Photo: K. Murali Kumar

In India, the electric car market has only one player at the moment — Mahindra Reva EV Ltd — with total sales of 3,700 units since launch in July 2001. Electric cars may become cheaper by up to Rs 1 lakh with manufacturers expected to pass on to the consumers the benefits of the Rs 95-crore incentive package extended by the Government to the industry. File Photo: K. Murali Kumar:Hindu

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