Mahindra REVA
| Industry | Automotive |
|---|---|
| Founded | 1994 |
| Headquarters | Bangalore, India |
| Products | Electric vehicles |
| Parent | Mahindra & Mahindra |
| Website | Official site |
Mahindra Electric Mobility Limited, formerly known as the Reva Electric Car Company, is an Indian company based in Bangalore, involved in designing and manufacturing of compact electric vehicles. The company's flagship vehicle is the REVAi electric car, available in 26 countries with more than 4,000 of its different versions sold worldwide by mid March 2011. Reva was acquired by Indian conglomerate Mahindra & Mahindra in May 2010. In 2013, Mahindra REVA was selected as one of "The World’s 50 Most Innovative Companies 2013″ by Fast Company.
The Reva Electric Car Company (RECC) was founded in 1994 by Chetan Maini, as a joint venture between the Maini Group of Bangalore and Amerigon Electric Vehicle Technologies (AEVT Inc.) of the USA. The company's sole aim was to develop and produce an affordable compact electric car. Several other automakers were also aiming to do so, but in 2001 RECC launched the REVA.
RECC joined up with several automotive experts to develop components for REVA. Curtis Instruments, Inc. of USA developed a Motor Controller specifically for the car. The car had a high-tech power pack for which Tudor India Limited supplied customized Prestolite batteries. The Charger for Reva was developed by Modular Power Systems of USA (a division of TDI Power). Later, RECC started manufacturing the charger themselves through a technical collaboration agreement between MPS and the Maini Group.
In 2004 GoinGreen of the UK entered into an agreement with RECC to import REVA cars and market them under the G-Wiz moniker.
In 2006 Reva received an additional investment of $20 million from Draper Fisher Jurveston and Global Environment Fund (GEF).
In 2008 a revamped REVA model was launched called the REVAi. The company started production of a Lithium-ion variant called the REVA L-ion in 2009.
In 2009 at the Frankfurt Motor Show, Reva presented its future models Reva NXR and Reva NXG. During the event Reva and General Motors India declared a technical collaboration to develop affordable EV for the Indian market. As a result of this General Motors India announced an electric version of their hatchback in the New Delhi Auto Expo 2010: named the e-Spark, Reva was to provide battery technology.
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