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.

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.).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

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.

article thumbnail

Reva NXR Indian Electric Car Closer To Launch: Spy Shots

Green Car Reports

But in other countries, the hope of running small cars on grid power--no matter how unreliable that grid may be--lives as well. In India, the large truck maker Mahindra & Mahindra is preparing to launch the Reva NXR electric minicar, and spy shots are.

article thumbnail

Reva to bring new electric car to Iceland

Plugs and Cars

Reva, the Indian electric car company best known for the G-Whiz in England, has signed a deal to bring their new product to Iceland with sales beginning within a year. Now Mitsubishi's iMiev and Reva are poised to begin the viable zero-emission transition in Iceland. Tags: mitsubishi imiev iceland reva battery electric car.

article thumbnail

The Climate Change Caravan

Revenge of the Electric Car

Elephant and Reva in India. The Climate Caravan includes ten friends and a solar music band, along with three solar plug-in electric Reva cars. The Revas are traveling 200km per charge on Lithium-Ion batteries (the solar adds 8km extra). Revas at an Indian Gas Station.

article thumbnail

Reva: A little company with big ambitions. The Green Piece

Green Cars News

Slow, clunky, even potentially “life-threatening” – these are just a handful of the insults that have been thrown the way of electric car maker REVA and particularly its G-Wiz model. It will allow REVA to boast one of the lowest dirt-to-dust carbon footprints in the automotive world. Leaders of the pack.