The market for electric cars continues to grow, but vehicles powered by fossil fuels remain dominant across the globe. Many analysts believe electric cars will reach price parity with vehicles powered by internal-combustion engines sometime within the next decade. Indian maker Mahindra, however, says its own small, limited-range electric cars are... Electric cars about to be profitable, says India’s Mahindra
The market for electric cars continues to grow, but vehicles powered by fossil fuels remain dominant across the globe. Many analysts believe electric cars will reach price parity with vehicles powered by internal-combustion engines sometime within the next decade. Indian maker Mahindra, however, says its own small, limited-range electric cars are... 
Indian automaker Mahindra is little known in the U.S., but it is one of the larger players in its home market. Mahindra's Indian-market lineup is mostly made up of trucks and SUVs, but it also sells the tiny Reva e2o electric car. It recently unveiled a new four-door hatchback version, called the e2o Plus, that will be sold alongside the existing...