This week Mahindra & Mahindra India lauched e2o, the world's most affordable city ready electric vehicle (EV), in New Delhi setting a benchmark for other automobile companies across the globe.

The e2o EV costs 14,000 USD. (Approx w/o subsidies) and is not just some hacky wacky limited edition prototype but an affordable and comfortable city vehicle for the Indian market.

e2o is one of the first EVs to bring down the TCO (Total Cost of Ownership) below that of gasoline powered automobiles and marks an important milestone in our pursuit for a clean and efficient alternative.

Finally a ray hope for the environment and budget conscious average city dweller is on the horizon. It would be interesting to see what other auto-makers will come up with to compete with this sensible, practical and aggressively priced EV.