Mahindra Mahindra Takes Majority Stake in REVA Electric Car Co.
Green Car Congress
MAY 26, 2010
The new board includes five nominees from Mahindra & Mahindra, two from the Maini family, and one from AEV LLC, California (co-founders of REVA). REVA was established in Bangalore in 1994 as a joint venture between the Maini Group of Bangalore, India and AEV LLC of California, US. Tags: Electric (Battery). Earlier post.)
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