Reva to Contract Manufacturing in US and Europe

India’s foremost electric car maker, Reva is looking for partners in the US and Europe to set up manufacturing units in various countries. Reva has recently showcased two new models at the Frankfurt Auto Show in September. The company has been in news ever since then regarding its new electric car models. Currently Reva sells its models in more than 24 countries.

"We are at exploratory stages for setting up contract manufacturing facilities in overseas markets, including one in the US with Bannon Auto. No deals have been finalised so far, but we expect some positive results soon," said Reva Electric Car Company President (Sales & Marketing) R Chandramouli.

 Reva is also ready to establish franchisee agreements with other companies that will cover three-wheelers, mini-buses and vans as well. Northern Lights Energy (NLE) has signed a deal with REVA Electric Car Company to expand the electric vehicle market in Iceland. NLE is developing charging infrastructure in the country and has exclusive distribution rights for REVA electric vehicles, including the recently announced NXR. The firm will launch the car by the end of next year. Last month, India’s REVA inked a deal to license its technology to Bannon Automotive to produce electric vehicles in the US.

• 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