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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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Green Automotive Company to Acquire Going Green Limited, biggest retailer of EVs in Europe

Green Car Congress

Going Green, doing business under the brand name “GoinGreen,” has sold more than 1400 G-Wiz electric vehicles, making it Europe’s largest single retailer of electric vehicles and generating annual revenues in excess of $1 million. GoinGreen has accumulated more than 60 million miles of electric vehicle user experience.

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Plug In America - Links and Resources

Tony Karrer Delicious EVdriven

org EV1 Club Home page [link] Original GM web site (circa Gen II model) www.evchargernews.com Owner's experience driving a RA4 EV www.prossen.com/ev RAV4 EV original TV ad www.a52.com com Vigil to save last remaining 78 EV1 cars www.pluginamerica.com/saveev1.htm htm Advocates of the Th! htm Advocates of the Th!

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