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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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Mahindra inaugurates EV plant, describes its vision of “future of mobility”

Green Car Congress

Mahindra Reva Electric Vehicles Pvt. Mahindra Reva also introduced a range of of technologies, all of them directly inspired by the vision of the future of mobility. Mahindra Reva was founded in 1994 as the Reva Electric Car Company, a joint venture between the Maini Group of Bangalore and AEV LLC of USA.

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History of Electric Vehicles in India

Get Electric Vehicle

MEML was closed in 2004 due to a lack of demand. Also, REVA Bangalore entered the electric vehicle market in 2001 with a vehicle developed by an American business (Amerigon). The main issue with these vehicles was their lack of consistency, short battery life, and extremely high battery costs. 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. 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

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