List of articles tagged: Reva

The Mahindra Revai will now be available at select Mahindra Dealer outlets in Nagpur. Mr. Pavan Sachdeva, General Manager – Sales & Marketing, Mahindra REVA said, “We are delighted to launch the REVAi in Nagpurr where there is already a great deal of interest in our vehicles. With issues such as climate change and carbon footprint taking centre stage globally, eco-friendly transportation has become the need of the hour.”

Mahindra REVA Electric Vehicles Pvt. Ltd. (Mahindra REVA),  announced that its REVAi vehicle will be available at select Mahindra dealerships in Hyderabad. Sabita Indira Reddy P. from the Ministry of Home, Jails, Fire Services and Sainik Welfare, handed over the keys of the first two REVAi vehicles to Mr. Anurag Bajaj of the Park Hotel, Hyderabad.

Mahindra & Mahindra Ltd. has acquired a major stake in REVA Electric Car Co Ltd. Bangalore. REVA Electric Car Co Ltd. will be renamed Mahindra REVA Electric Vehicle Co Ltd. Under the new agreement which was signed today by both the companies, M&M will own 55.2% equity in Mahindra REVA by 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. The buyout makes the Mahindra group a strong global player in the electric vehicle space.

The giant American auto makers like GM and Daimler, and Japanese manufacturers like Honda, and Nissan didn’t participate in this year’s Frankfurt Motor Show. The main highlights of this event were the Europe-based manufacturers with many of them going green.

General Motors India and Reva Electric Car Company (REVA) have entered into a collaboration agreement to develop electric vehicles for the Indian market. The agreement was announced jointly by Karl Slym, president and managing director, General Motors India and Chetan Maini, deputy chairman and chief technology officer, REVA.