Reva’s Expansion Plans for Overseas Market

India’s first electric auto maker Reva is planning to expand into overseas markets like Australia, US and the Europe. It is looking for partners to manufacture electric cars using its technology. "We are looking for partners in 4-5-countries to set up manufacturing facilities and especially in the US, Australia and Europe. We are in talks with some companies, but nothing has been finalised so far," said Chetan Maini, Reva Electric Car Company's Deputy Chairman and Chief Technology Officer.

Reva is already in the process of setting up its second plant in Bangalore that will have a manufacturing capacity of 30,000 units. Initially, the company intends to invest Rs. 30 crore and further investments would follow once the plant becomes operational.

Reva is planning to introduce two new models next year. NXR model will be a family car model that will be introduced next year while the NXG or the Next Generation Car will roll out in 2011. “We have not decided on phasing out or continuing the existing Reva model. We will take a decision at the right time," added Maini. Both the models will be available in the overseas markets as well.

• 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
• Reva Plans to Expand its Operations           February 13, 2009