Announcement

Thursday, September 24, 2009

GM in pact with Reva for producing electric vehicles

US based car maker General Motors joined hands with Reva Electric Car Company to develop and produce electric vehicles in the Indian market as part of its plan to make the country a global hub for environment friendly vehicles.

Mr Karl Slym president & MD of General Motors India the Indian subsidiary of GM told reporters that “We are pleased to join hands with Reva to bring affordable small car platform based electric vehicles to the market in line with government objectives to reduce fossil fuel dependence.”

He added that GM's ability to develop platforms combined with Reva's capability in developing electric drive trains and control system will give the Indian consumer a wider choice of electric vehicles.

Mr Slym said that “We are going to work closely with the central and state governments in India to develop infrastructure for electric vehicles charging and providing specific financial benefits to consumers, who make the choice to adopt an environment friendly mode of personal transport.”

Mr Chetan Maini said deputy chairman & chief technology officer of Reva said that “Each of the partners will use their strengths, with the aim of making India a global hub for the development and manufacturing of electric vehicles and related technologies.''

He added that the two companies have already started the feasibility study of GM's vehicle platforms to produce electric cars and are expected to announce the details in the near future.

(Sourced from www.steelguru.com)

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