Maini (Reva) to usher in a new car by year end

Reva Electric Car Company Pvt. Ltd. (RECC) issued a statement saying that the company will produce a new vehicle and a new variant every year. In keeping with the same, RECC is coming out with a new electric market by end of the year 2008 for the growing electric car market.

“We have developed products ranging from three-wheelers to buses. We will launch one new vehicle and one variant every year. By the end of 2008 calendar year, we will rollout another electric car with more advanced features, and fitted with a battery that can traverse wider distance,” commented Mr. Chetan Maini, Deputy Chairman RECC.

The company’s capacity of 6000 vehicles is being increased to 30000 units in a period of 6 months, informed he and then added, “Governments across different countries are offering incentives for electric vehicles. With such fiscal benefits and growing awareness, the market for these vehicles will expand globally as well as in India.”

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