Reva Plans
Friday, February 6th, 2009Electric car maker Reva Electric Car Co on Thursday announced that it will launch a new model powered by advanced battery technology this year and also set up its second manufacturing plant in the country. This will have 120 km range, ideal for city driving conditions. The new battery will allow consumers to recharge within an hour.
The company intends to add another factory to the existing one in Bangalore with installed capacity of 30,000 vehicles. The company plans to sell 1,000 electrical vehicles this fiscal.
Reva also plans to strengthen its distribution network. The company has exclusive showrooms in Delhi and Bangalore and sales outlets in cities like Pune and Hyderabad.
Reva has tied up with Reliance Digital to sell through their network and plan to enter another 15 major cities by the year-end. Abroad, they plan to go to 10 new markets in countries like France and Chile. Reva is also planning to bring out solar powered electrical vehicles.