article thumbnail

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.

REVA 210
article thumbnail

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.).

REVA 150
article thumbnail

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.

REVA 231
article thumbnail

London Calling: Congestion Charge Recharges Electric Cars

Plugs and Cars

London could soon replace California as the electric car capital of the world. Thanks in large part to Mayor "Red Ken" Livingstone, who enacted London's much criticized congestion charge policy in 2003. India's Reva was first into the market with the G-Wiz. India's Reva was first into the market with the G-Wiz.

London 100
article thumbnail

Dealing with Petroleum Addiction, British Style

Plugs and Cars

The British Government is attempting to strangle the electric car baby in its London cradle. The Times Online reports the British government's Department for Transport (DfT) has conducted a safety test on the all-electric Reva G-Whiz and found it wanting. City government under Ken Livingston has been encouraging use of such cars.

G-Wiz 100
article thumbnail

EXCLUSIVE: What Killed The Electric Car? For G-Wiz, Other Electric Cars

All Cars Electric

It’s been a mainstay of British eco-chic for nearly a decade, but the little Indian four-wheel ‘car’ which can be found buzzing around the streets of London will no longer be sold in the U.K. importer of the Indian-built Reva.

G-Wiz 57
article thumbnail

Fatal G-Wiz Crash: Confirmed - Another Car Was Involved

All Cars Electric

Just over a week ago we discussed the aspect of electric car safety, specifically that of Neighborhood Electric Vehicles or NEVs, after 47-year old mother Judit Nadal was tragically killed in her Reva G-Wiz in an accident in London, U.K.

G-Wiz 51