Wednesday 19 February 2014

Epic Research Update : Mahindra and Mahindra

Epic Update Mahindra & Mahindra

Mahindra and Mahindra (M&M), country’s major automobile maker’s business conglomerate Reva Electric Vehicles has cut the price of its electric car e2o by up to Rs 1.7 lakh by introducing EMI scheme under which a consumer pays a rental fee for the battery. Under the scheme, the company is offering five years’ installment for all the three variants of the car, wherein the customers will have to pay an upfront cost of the car and pay for the battery over a period of five years at a monthly EMI of Rs 2,599.





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