Hotline: 1800 102 2007
Hotline: 1800 102 2007
Oct, 28 2009

Reva charts out international expansion plans

Reva, the electric car manufacturer is looking at production units abroad to penetrate into the international markets. The units will be built under franchise agreements with local partners that will

Reva charts out international expansion plans

Reva, the electric car manufacturer is looking at production units abroad to penetrate into the international markets. The units will be built under franchise agreements with local partners that will cover not just four-wheelers, but also auto-rickshaws, mini-buses and two-wheelers.

As told to Ramanjit Kaur of FIHL, “Our mission to penetrate electric vehicles in newer markets is further strengthened with franchising approach and we are exploring opportunities in various parts of the world,” said Chetan Maini, Chief Technology Officer and Deputy Chairman, Reva Electric Car Company (RECC).

The company exports around 600-800 electric cars every year to countries like UK, Norway, Spain, France, Germany and Costa Rica. The company has sold about 1,000 electric vehicles in London alone, a key market for the company globally. Reva is primarily looking at the US, European and Asian countries for opening its manufacturing plants.

Recently, Reva has agreed to provide its technology to GM for developing an electric version of GM’s Chevrolet Spark. As per the officials, company has even signed up with 24 countries to sell its products. It is expected that the company will launch its new products early next year and mark its footprints in several countries of Europe, South America and South East Asia.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Automobile Maintanance Related
    GLOSSGARAGE CAR CARE is a car and bike detailing centre..
    Locations looking for expansion Rajasthan
    Establishment year 2015
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Sports & Gaming
    About Us: We are a Family Entertainment Centre that caters to..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2020
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Garden Stores
    NurseryLive, an online nursery that started its active operations in..
    Locations looking for expansion Haryana
    Establishment year 2014
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Imperial Water will leave you feeling revitalized. It’s an all-natural,..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 15000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities