Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M), a part of the $15.9 billion Mahindra Group, has got plans to launch at least four to five variants of electric vehicles in next two-three years. The company has recently launched an all-electric four seater passenger car -- e2o. Out of the four to five variants one of these could include a four-door model as well.

The recently launched e2o has been priced at Rs 5.96 lakh (on road, Delhi). The price of e2o (standing for energy to oxygen) includes the state government subsidy. The car will facilitate customers to charge their vehicle through any 15 amp plug point at home or at the workplace. The e2o can be charged at office or at home and will ideally take 6-8 hours for a full charge which will consume 10 units of electricity.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.