Mahindra Reva Electric Vehicle is all set to be the part of the $16.9 billion Mahindra Group as there are plans for it to be launched by next year in Europe. Europe is a very interesting space to work for them and launch their new products in its market in the calendar year 2016 as said by the Vice president of sales department of Mahindra Jagan Kurian. . He also added that they see a product space there according to their ecosystem and thus finds its best place to launch . Without marking any numbers he completely built out the electric cars that will be exported to Europe.