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India's First Electric Car in AP
December 3, 2002

India's first electric car company, the Bangalore based REVA Electric Car Company, the Bangalore based REVA Electric Car Company (RECC) has announced its foray into the state market. REVA was recognised as the technical innovations of the year by the government of India earlier this year when the vie president, Mr. Krishan Kant launched it in Delhi on May 11, 2001.

REVA is being currently marketed in Bangalore since July 2001. With an Operating cost of 40 paise per kilometer and an of driving, this car started ready presence making its felt in Bangalore. This could not have been possible without support the government of Karnataka who have exempted road tax and also the sales tax on REVA in Karnataka, said Mr. S.K.Maini, chairman, Maini group, Manufacturers of REVA. Government support to EV projects like ours will help us reach out to the customers in all segments.

MNES has recommended to other state governments to exempt REVA from sales tax and road tax. Mr. Maini said that they have approached the chief ministers of various states to support their project by providing these tax exemptions. Presently, Rajasthan government has agreed to exempt sales tax and road tax for REVA in the state of Rajasthan.

Talking about the plans of expansion of the sales network, Mr. Maini said that they were still awaiting tax exemptions from various states. By 1st quarter of 2002, they hope to have all the exemptions in place before they start sales in other parts of the country. In the meanwhile, RECC has started groundwork for selecting suitable dealers in these areas to establish a sound dealership and service network.

REVA is a shining example of Maini's resolve to use the best technology available in the world and integrate it with the manufacturing practices in India to present a world class product available at perhaps the most competitive prices.

This combination of cutting edge technology and the right pricing has already resulted in Asian and European markets showing encouraging signs with several queries from buyers. RECC has recently tied up with M/s. Eco Visions of Nepal for sale of cars in Nepal. It is also in the process of typing up with UK Japan,Mauritius, Israel, Norway and Sri Lanka. RECC hopes to start exports very soon, by the early next year.

The REVA Electric Car Company, a joint venture between the Maini Group and AEVT Inc of Irvinadle, Calfornia, is an enterprise guided by a strong conviction in safe guarding the earth's environment for the future generation.

REVA, the brainchild of Mr. S.K.Maini, chairman, Maini Group, is a cost-effective mode of city transportation using advanced technology in harmony with ecology.

 

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