The electric car company of India is planning to expand its operations in India. The company intends to set up a new assembly plant in Bangalore to produce more electric cars in India. Reva had initially launched its small electric car in India but it has not gained much popularity yet. There has been a growing demand from the overseas markets for the small electric cars which has led the company to expand its operations and manufacturing capacity here.
With the new plant coming into operation, the company shall have an additional capacity of manufacturing 30,000 more units annually. It also intends to launch a new model of its popular electric car which will also be manufactured at its new plant in Bangalore. The new plant in Bangalore will be eco-friendly like the previous plant and will be built in synergy with LEED (Leadership in Energy and Environmental Design) green rating system. It is an internationally acclaimed rating system that evaluates and certifies the sustainable sites.
Reva currently marks its presence in seven countries including Europe. In the UK, it is marketed as G-Wiz with a top speed of 80kmph. The company intends to introduce a new model, Reva-i which will be more efficient and more economical. The lithium ion model, Reva L-ion will also be launched shortly which will have speed up to 120kmph.