Mahindra & Mahindra (M&M) has started developing the electric versions of its light trucks and utility vehicles, Mahindra Reva CTO Chetan Maini announced.

Speaking about the development of electric versions of M&M vehicles, Maini said, "We have proved that electric versions of utility vehicles Bolero and Scorpio are technologically feasible. We have developed electric options of light trucks Maxximo and Geo."

He claimed that the company has a pipeline of electric products coming out, probably one new electric version every year for at least the next two years.

However, Maini added the company wanted sufficient charging stations and favorable marketing conditions before launching the electric versions of the light trucks.

He also said that the electric version of its entry level sedan, Verito, to the market in two years.

Ever since becoming a part of Mahindra, Reva has been working on developing the electric versions of M&M's portfolio of vehicles. M&M exhibited the electric Verito at the Delhi Auto Expo in the early part of this year.

M&M acquired Reva in 2010. Maini currently holds 18 per cent stake in Mahindra Reva - India's only electric car manufacturer.