Thursday 9 December 2010

Mahindra Reva aims to sell 2500 electric cars next year

Mahindra Reva Electric Vehicles Private Ltd is targetting to sell 2500 cars in the country by next year, a top official today said.

The company is expecting its sales to touch 1200 units this fiscal ending march 2011, Mahindra Reva General Manager (Marketing) Pawan Sachdeva told reporters here.

Mahindra Reva's new plant at Bangalore would go on stream by April next year and it would have a production capacity of 30,000 units per annum, he said. The present capacity of the existing plant is 1200 to 1500 units per month.

The company is also exporting its cars to various countries, including, UK, Norway, Spain and France.

It is also working on a four seater model of cars, which would be ready by 2012.


Read this news @ http://www.evhub.in/news/338#338

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