gear kereta

Posted by: Anthony Lim

Expect Mahindra & Mahindra to be going the EV route in a big way, now that it has acquired a majority stake in Bangalore-based Reva Electric Car Co. The buyout sees Mahindra taking a 55.2% share in the company, which will be renamed Mahindra Reva Electric Vehicle Co.

Reva was established in Bangalore in 1994 as a joint venture between the Maini Group of Bangalore and American company AEV. Its Reva electric vehicle was first commercially available in Bangalore in 2001, and currently, its products are available in 24 countries around the world, with over 3,500 EVs having been sold.

The Reva NXG.

Its NXR four-seater, three-door hatch and NXG two-seater targa top EV models, which were unveiled at the Frankfurt Motor Show last year, is set for production in 2011 and 2012 respectively.

Mahindra, which is currently working on an electric version of its mini-truck, the Maxximo, will adapt the new company's EV technology for it and other Mahindra vehicles.