New Delhi, Oct 7 (IANS) Electric automobile manufacturer Mahindra Reva will launch its new car NXR in the next six months, says a top company official.

"We are at the final stages of development. The car would be ready for launch within six months," Rajan Wadhera, chief executive, technology, product development and sourcing, Mahindra and Mahindra, told IANS.

According to Wadhera, the new electric powered car would be able to carry four passengers and include features similar to ordinary vehicles.

"It's gonna be a four seater car. We have developed it be like a proper car with space, power and other features."

Though the price was not disclosed by the company, Wadhera said the car was being developed as a cost-effective electric vehicle in the country.

"Electric cars are a bit on the high side of price due to technology. But we are trying to develop it as a very cost effective vehicle," Wadhera said, adding that even the mileage per charge would be more in the new vehicle.

Currently the company sells nearly 50 units per month of its offering -- Reva-4.