Reva on an expansion mode, to expand to 50 countries in 2 years

     Bangalore based Reva Electric Cars Ltd, the lone electric car manufacturer in Inida seams to be on an expansion mode. In an interview for the latest business news paper Mr Chetan Maini MD of Reva Electric Cars Ltd said the company is intending to expand to over 40 to 50 countries by 2012.

     Mr Maini also emphasized about the need of the electric cars now due to various factors. Firstly, the Government is providing huge subsidies as compared to earlier, for example in Delhi subsidy upto 29.5% is given on the electric cars in order to cut down polloution. Low running cost and increase in Green initiation is also a major factor for increase in demand for electric cars.

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