Reva to Build World’s Largest Electric Car Factory in India
The Reva Electric Car Company has announced plans to build the world’s largest factory for cheap all-electric cars, capable of a massive annual output of 30,000 units.
The Bangalore, India-based company hopes that after the Rs300m ($6.1m) facility begins production in the first quarter of next year, it will help to introduce green energy to the subcontinent’s rapidly growing automotive industry.
The Reva, a small hatchback powered by eight six-volt batteries, retails for a mega-competitive Rs350,000 in India and £7,500 ($12,200) in the UK, (where it is marketed under the G-Wiz brand), far less than most rival companies.
Speaking about the plan, Chetan Maini, Reva’s deputy chairman and chief technology officer said, “We are promoting a technology that holds the key to the global energy crisis.”
