Reva Plans to Partner Electronic Retail Chains in India
India’s first electric car, Reva, is planning new marketing strategies to push its sales further. It plans to partner major electronic retail chains to sell its car at their showrooms. Reva is opting for unconventional and non-traditional routes to promote its eco-friendly car in India.
Owing to the rising petrol prices, the car has witnessed a surge in its sales since past 10 months. It has already sold 300 units in India by October 2008 as compared to its overall sales of 160 units in the last fiscal year. It expects to reach a target of 750 cars by the end of the year.
It now plans to sell its cars at exclusive showrooms that sell electronic products and electric cars. “The issue which keeps coming up is how do I feed my distribution channels if the sales are down,” says Mr. Chandramauli, who earlier worked with TVS Motors. He also stated that conventional modes of marketing usually do not work with models like Reva and a partnership with electronic retail chains, selling electronic products and electric cars, will act as “plug and play” model.
The on-road price of the car is around Rs .3.5 lakh to Rs. 4 lakh. It is also in talks with some of the auto finance companies so that the customer can drive away with as less as Rs. 1 lakh and the rest would be financed by the auto companies. The company is also working on newer models which have lighter batteries and can carry more passengers.
Comments on this article
Post a comment on this article
- There are currently no comments for this article.
Why don't you make one?
Related News and Articles
-
Mahindra & Mahindra’s five planned launches will include Mini SUV and sedan
March 06, 2012
-
Mahindra Reva signs vehicle financing deal with SBI
January 20, 2012
-
Reva NXR: The Future is Here
September 06, 2011
-
Auto Expo 2012 would welcome Reva NXR
August 30, 2011
-
New Mahindra Reva NXR in 2011
December 08, 2010
-
Reva Electric Car Now Available at Mahindra Dealers
November 06, 2010
-
Reva’s Expansion Plans for Overseas Market
December 22, 2009
-
Reva to Step Up Its Expansion Plans
November 28, 2009
-
Reva to Contract Manufacturing in US and Europe
November 18, 2009
-
New Reva Models to be Manufactured in Central New York
October 26, 2009
-
Two New Electric Cars from Reva
October 01, 2009
-
Reva NXG and NXR Models at the Frankfurt Auto Show
September 18, 2009
-
New Reva Models to be Revealed
September 08, 2009
-
World’s Largest Electric Car Factory to Come Up in Bangalore
July 20, 2009
-
Electric Vehicles for Europe from India
May 19, 2009
Quick Link
- Multi Utility GO-Kart: an engineering innovation
- Car Customizations for the Physically Challenged
- The Working of a Diesel Engine
- Safety Systems and Security Features in cars
- Electronics in Cars - Part II
- You Got a Car - Now to drive it!
- Electronics in Cars
- Emission Norms and their importance - BS II, III, and IV
- Transmission in a Car Engine - Workings and details
- Car Suspension - Ins and Outs
- Mini Guide to Maintenance of Bikes
- Fuel Efficiency - How to improve your car's mileage?
- Brake Systems in Cars
- Knowing About Engines (part 1) - the Petrol Engine
- Knowing About Engines (part 2) - Diesel Engines
- How to buy a Used Bike
- Petrol vs. Diesel - Which Should I Choose?
- How to Buy a Used Car?
- Buying a Car - An Astrological Perspective!
- How to Care for your Car in the Monsoon
- Workings of the Two Stroke Engine
- Petrol, Diesel, CNG or LPG? We help you choose!
- CNG kitfittment calculations
- Alternative fuel for Cars - Alcohol as Biofuel
Latest Articles
- Service Camps for Venture owners flagged off by Tata Motors
- Petrol and CNG cars lose their charm to diesel
- Masses face the music as petrol price hikes; political leaders demand rollback
- Automotive sector furious over petrol price hike of 7.50 per litre
- Reacting to free fall of Rupee, car makers increase localisation efforts
- New Toyota Corolla Axio hits Japanese Domestic Market
- Recent hike in the fuel price raised one too many eyebrows
- Fiat signs pact with Mazda Corporation
- Massive Petrol price hike shocks common man and car makers alike
- Mahindra & Mahindra eyes to strengthen Ssangyong’s position in the Chinese market
Find New Cars
Get complete details of New Cars - Prices, Features,Reviews, Images
Rs. 6 Lakhs to 10 Lakhs
Tweet