Car Mahindras to roll out 4-door electric car

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Mahindras to roll out 4-door electric car
Kolkata, Oct 14 (IANS) Homegrown carmaker Mahindra and Mahindra (M&M) on Wednesday said it was working on a four-door variant of its electric car E2O that would be exported to Europe.

"We are working on a four-door variant of the car and it will be exported to Europe," the company's executive director Pawan Goenka told mediapersons here.

The new model was expected to be rolled out by June-July 2016 and the company would set up a distribution centre in the United Kingdom in this regard.

It is presently exporting the two-door electric vehicles to Nepal.

He said the government's Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) initiative has boosted the electric cars segment and sales have doubled after the policy was adopted.

Over the sale of electric cars in various states, he said, "Sale of these cars depends a lot on the state governments' policy towards greener and cleaner vehicles."

The M&M company has also entered into an agreement with Lithium - a Bengaluru-based electric car rental start-up - to provide cars for its fleet.

"They have 50 cars procured from M&M and have placed order for 50 more," Goenka said.

The company is scouting for such procurement agreements with car rental firms in New Delhi and Pune to increase its electric vehicles' sales.