Reva i launched in Pune

Electric car maker Mahindra REVA Electric Vehicles Pvt. Ltd. (Mahindra Reva), today launched Revai in Pune. It is targeting to sell 2500 cars in the country by next year.

The company is also exporting its cars to various 27 countries, including, UK, Norway, Spain and France. It is planning to export to Asian countries like Nepal, Bhutan and Malaysia.

Addressing the media, R Chandramouli, Chief of Operations, Mahindra REVA, said, "With oil prices increasing, the future is electricity. The objective of the foray is to get into sustainable and environment friendly transport system. With issues such as climate change and carbon footprint taking centre stage globally, eco-friendly transportation has become the need of the hour. The electric vehicle market is hence, poised to grow rapidly. Mahindra’s extensive distribution network, coupled with our unique finance plan will help us make significant inroads into the local market,"

 

He added, "The Union ministry for New and Renewable Energy has also given Rs 1 lakh or 20 per cent off on factory price."

Mahindra Reva's new plant at Bangalore will be operational by April next year and it would have a production capacity of 30,000 units per annum.