Chetan Maini with REVA NXR at Frankfurt 2009; the NXR will soon be sold in US
Bangalore-based Reva Electric Car Company could follow the footsteps of Mahindra and become the next Indian company to assemble cars in the US. Reva has been charting out plans to assemble the next generation NXR in New York by next year.
Reva is planing to assemble its plug-in 3-door hatchback through a joint venture with New York-based electric car maker Bannon Automotive.
This project is expected to be built on an investment of over $38 million with $11.6 million funding arriving from the local New York State as incentives for the eco-friendly projects. If this project comes through, it will be the first dedicated production line in America for electric vehicles.
Senior Reva executive -
We are exploring all options and would be working in many international markets to export and manufacture our cars. Talks are on to license the technology that can open new revenue stream for the company
The Reva NXR will be powered by Lithium-Ion batteries that will enable it to reach a top speed of 104kmph. It will be able to cover 160kms in a single charge. Reva will ship CKDs to New York where it will be assembled and distributed.
Reva is increasing its annual production capacity to 30,000 units at its Bangalore plant. It plans to export CKDs to Europe and other nations in South East Asia.
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Is this the best form of advertising by a company which will release it’s first up-market car in a short while? Is this a large-scale example of utter confusion and chaos? Or is this is a neat display to show a company’s decision making skills is as efficient as a 5-year old’s. Welcome everyone, to Suzuki, or what we Indians affectionately refer to as Maruti Suzuki.
A very swift spy photographer has had a shot of heavily camouflaged Chevrolet Beat prototype lounging around at New York’s Rochester Institute of Technology. The camouflaged runabout was spotted in a parking lot on the university’s grounds.
As you may recall, the Chevy Beat was the most popular of a trio of concepts (Beat,Groove & Trax) that Chevy showed to the world at last years New York Auto Show. Based on General Motors’ new global mini-car platform, the Beat was originally designed to be the sportiest of the triplets with only two doors and a 1.2L 16-valve DOHC inline-four cylinder,turbocharged petrol engine mated to either a manual or automatic gearbox.
Speculation has it, that the Chevrolet Beat will be launched in the Korean markets first, as a four door version and without a turbocharger. The production is set to take place there in mid-2009, but with GM struggling to make its ends meet even after receiving the bail-out package, delays should be inevitable.
The latest edition of AutoBild magazine has a rendering of the Chevrolet Beat, along with 24 other cars. Grab a copy- it’s an exciting read full of eye candy.
The latest Promotion Video from the Italian Supercar maker Lamborghini is 4 minutes long and is black and white. It’s shot entirely in the streets of New York. You can buy theLamborghini Gallardo LP560-4 in India. After seeing this video, you would want to. Trust me.