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Mahindra Mahindra Takes Majority Stake in REVA Electric Car Co.

Green Car Congress

M&M) is acquiring a majority share in REVA Electric Car Co Ltd. REVA Electric Car Co Ltd. will be renamed Mahindra REVA Electric Vehicle Co Ltd. equity in Mahindra REVA via a combination of equity purchase from the promoters and a fresh equity infusion of over Rs 45 crores (approx US $10 million) into the company.

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REVA Electric Car Company Building New Plant in Bangalore

Green Car Congress

Reva Electric Car Company (RECC), the manufacturer of the REVA electric car, is building a new assembly plant in Bangalore, India with a capacity of 30,000 units per year, to accommodate the increased production of the REVA and for the planned one new model per year from the end of 2009. Earlier post.). Earlier post.).

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Plug In America - Links and Resources

Tony Karrer Delicious EVdriven

Deffeyes "The Party's Over", by Richard Heinberg "Power Down: Options and actions for a post-carbon world", by Richard Heinberg, 2004 "The Solar Economy", by Herman Scheer "Twilight in the Desert: The Coming Oil Shock", by Matt Simmons Return to top Copyright © 2005-2009 Plug In America. htm Advocates of the Th!

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