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Friday, 12 February 2010

Reva NXGWell, did it ever occur to you that Reva, the first Indian electric car company might soon have a “Made in Italy” tag attached to it if all things just go right?

Just when the electric car company which had said that it could make profit from factories that make just 5,000 electric cars a year and is planning to open a plant near Syracuse, NY, USA, we also have word that Fiat’s Termini Imerese plant in Sicily, Italy could be converted to build the next-gen electric vehicles (EVs).

Cimino & Associates Private Equity is raising funds of 50 million euros, to date, around $68 million U.S. to buy the plant and is talking to Reva about taking it over and building vehicles there that cost around 16,000 to 17,000 euros ($22,000-$23,250). Apparently, the project needs 65 million euros to get off the ground. Automotive News says that the plant would need to make 30,000 vehicles a year to break even, which doesn't mesh with Reva's bold claims. Fiat is expected to close the plant in 2011.

Reva is currently taking orders for the NXR in Europe and the cheapest option – 9,995 euros or approx. $13,728 is to buy the car and lease the lead acid batteries. The upgraded NXG model, pictured, should be available as a 2011 model sometime soon.

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Friday, 18 September 2009




India’s only Electric car maker REVA Electric Car Company has unveiled the two NXR and NXG at the Frankfurt Motor Show. It is the first time REVA has taken part in this prestigious Auto Show.

The electric car maker has revealed that the NXR (NeXt Reva) will go on sale in Europe in 2010. REVA has also announced the price of the NXR, at less than € 9,995 for the City model and the lithium-ion NXR Intercity version will be around € 14,995. But the price of the car will vary across Europe depending on taxes and subsidies. Customers will be offered the option of purchasing the car and batteries separately, or at an all-inclusive price.

Powered by a lithium-ion battery, the REVA NXR is a three-door, four-seater hatchback family car that is suitable for urban driving. The car can travel at the top speed of 104 km/h, with a range of 160 km per charge. If using the 90 minute fast charge (normal charging is eight hours), the REVA NXR offers an effective range of 320 km a day. A fast charge for 15 minutes will provide a 40 km range.

The NXR has keyless entry and operation, dual charge ports, intelligent digital display and a range of telematics. These include SMS alerts and commands such as distance-to-empty and time-to-full charge, remote cabin heat/cool, a monthly eco-drive check by email, service and insurance alerts, remote diagnostics and healing and REVive remote emergency charge. REVive is an exclusive technology of REVAthat acts like an invisible reserve fuel tank and addresses ‘range anxiety’.

If a customer runs out of charge, they can telephone or SMS REVA’s customer support centre. The advanced telematics feature will assess the car’s batteries remotely and activate a reserve amount of energy while protecting the battery life. Within minutes, a few extra kilometres of range are made available via the telematics and the driver can continue home or to a place where the NXR can be charged.

The REVA NXG (NeXt Generation) will have a range of 200 km per charge and a top speed of 130 km/h. It features the same telematics as the REVA NXR, including REVive and using the fast charge, it has an effective range of 400 kilometres a day. The REVA NXG will grace roads in 2011. The car will come with a price tag of € 23,000 excluding batteries plus a monthly mobility fee.

REVA Electric Car Company is committed to the creation of ultra low carbon cars and has only made Electric Vehicles (EVs). The REVA NXR and REVA NXG are the absolute ‘Green Cars’ that have lowest dust-to-dirt carbon footprints than any car in mass production.

The REVA NXR has been designed to use approximately 80% fewer parts than a conventional or hybrid car and will be assembled in REVA’s new ultra low-carbon assembly plant in Bangalore powered by solar energy and using natural light and ventilation and rainwater harvesting. Preparations have begun to create a ‘second life’ for the lithium batteries to optimise energy efficiency and reduce the cost to consumers via the creation of guaranteed residual values.

From 2010, REVA will publish the carbon emissions for the assembly and lifetime operation of both these new cars and by this environmental disclosure, customers can make an informed buying decision.

REVA will launch its Bangalore output with capacity of 300,000 units per year. Today, REVA is selling, or being test marketed, in 24 countries worldwide and has the largest deployed fleet of electric cars on the market with over 3,000 EVs on the road and more than 70 million kilometres of user experience.

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