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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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History of Electric Vehicles in India

Get Electric Vehicle

MEML was closed in 2004 due to a lack of demand. In the same year, Bajaj Auto ltd Pune also displayed a three-seater electric rickshaw. Also, REVA Bangalore entered the electric vehicle market in 2001 with a vehicle developed by an American business (Amerigon). 2001 – Mahindra and Mahindra Ltd.

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Plug In America - Links and Resources

Tony Karrer Delicious EVdriven

Romm, 2004 "Out of Gas, The End of the Age of Oil", by David Goodstein, 2004 "Hubbert's Peak: The Impending World Oil Shortage", by Kenneth S. Our logo is a registered trademark of the Electric Auto Association. Congresswoman Linda T. com Vigil to save last remaining 78 EV1 cars www.pluginamerica.com/saveev1.htm

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