Mahindra’s electric version of the Verito sedan, in short, the eVerito has seen a massive price correction. This has happened thanks to the lowered GST prices. The government announced that GST rates on electric vehicles have been dropped from 12% to 5% starting from 1st August 2019. This has resulted in Mahindra reducing the prices of the eVerito by INR 80,000.
Thanks to this INR 80,000 price cut, the eVerito range now starts at INR 10.71 lakh onwards and comes in a total of 4 variants. But for private customers, this Fame II GST subsidy isn’t applicable. Which means only fleet operators will get this INR 80,000 discount, and not private car buyers which is quite a bummer. Prices for the eVerito for the passenger car segment, private user, starts at INR 13.70 lakh which is quite an expensive affair.
The competition, the Tata Tigor EV can be bought by fleet operators and government officials.
The eVerito from Mahindra comes powered by a battery back which is a 72-Volt Lithium-ion unit which takes 8 hours and 30 minutes to get a full charge on a standard charger and 1 hour 30 minutes for a 80% charge on a fast charger. The electric motor has a power output of 41.4 HP and 91 Nm of torque with a top speed rated at 86 kmph. Mahindra claims that the eVerito has a driving range of 110 km on a full charge.
Mahindra is also working on the KUV100 and XUV300 electric models which will be launched soon.
The most realistic electric vehicle for India is the Hyundai Kona. The Kona electric SUV has a claimed driving range of 452 km on a single charge. So you can clearly commute to office for at least 2-3 days without having to worry about the battery running out. The Hyundai Kona also got a massive price cut of INR 1.58 lakh with this reduction in GST and the car is now priced at INR 23.71 lakh ex-showroom.