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REVA Electric To Roll Out Pick-up Convertible, Four-seater Variants
Jan 16, 2003, The Financial Express

REVA Electric Car Co (Pvt) Ltd., is planning to come out with more variants of its electric cars. The REVA Sahara designed for the physically challenged where all controls will be at the handle-level will be available from the next month. Mr.Chetan Maini - MD, REVA Electric said.

A convertible, a larger four-seater model and a pick-up vehicle are on the cards on the same platform, Mr.Maini said. REVA is also looking at developing a small niche in the public transportation segment and is considering the electric mini-bus solution.

The base REVA model, the REVA AC and the fully loaded REVA Classe are the existing variants. Mr.Maini said he was looking at sales tax exemption from the Maharashtra government which would make a difference of about Rs.33,000 to Rs.45,000 in the price of the car.

While another Rs.10,000 can be reduced if road tax waiver was given. Currently Rajasthan, Goa, Karnataka and Andhra Pradesh have granted these exemptions.

In addition, the ministry of non-conventional energy sources is providing a Rs.75,000 subsidy to select institutions.

There are 300 REVAs on road but the volumes will pickup ones the national roll-out is completed, Mr.Maini said. The company is also banking on exports picking up.

It has just dispatched 16 cars for testing to the UK. REVA has tied up with UK based Going Green to retail the REVA electric car in the UK and will soon start bulk exports and also explore new markets in Europe.

The REVA was launched in Pune on Wednesday and will be soon available in Mumbai, Sangli, Satara and Gujarat.

Mr. Dilip Nankeolyar, director, Urga Raj Enterprises, dealers for Pune said the city could take in about 400 REVA cars in the first year.

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