Home   >>    Loan   >>    Car Loan   >>     Overview
Get Car Loan Offers
A maximum of 5 providers will compete to give you the best rates (Nov 2020)







I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

Reva to launch another car

Reva to launch another car by the end of 2008; one variant every year

Apnaloan.com Research Bureau

08 Feb 2008

The Reva Electric Car Company Pvt Ltd (RECC) will launch one more electric car by the end of 2008.

The company will launch one new vehicle and one variant every year.

The new car will have more advanced features such as a battery that can cover a longer distance.

Reva, which is currently available in three variants, has a price of around Rs 3 lakh for the base model and Rs 5 lakh for the top model. While the battery, which costs Rs 50000, has to be replaced once every three years, the company estimates that the car still offers a saving of Rs 2 lakh over a period of five years.

After establishing itself in Bangalore, the company is looking to strengthen its presence in Delhi, Mumbai, Ahmedabad, Chennai, and Chandigarh.