First batch of Reva cars roll out

By Our Special Correspondent

BANGALORE, JULY 1. The Bangalore-based Maini group on Saturday handed over the first 10 Reva electric cars to customers here.

Reva is one of the first electric cars to go in for mass production in the world. It is said to be the lowest priced in the world market at Rs. 2.5 lakhs. Reva has a five-year road tax exemption.

Prof. C.C.Chan, President of the World Electric Vehicle Association, said that Reva was priced reasonably compared with other electric cars. Reva electric car company is a colloboration between the Maini group and AEVT Inc from California.

The company has its manufacturing facilty in Bangalore and has the capacity to produce 1,500 cars this year, with expansion plans to 12,000 cars a year by 2003.

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Section  : Southern States
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