Bangalore-based Reva Electric Car Company, one of the world's most recognised electric car manufacturing companies, may see a change of ownership, with its current promoters holding talks with an international automotive investor for a sell-out.
Carmakers have realised the importance of using alternate fuels to power cars.
India's first electric car, Reva,is set to roll into Israel soon as a leading firm of the country has been granted the franchise to import the battery-operated vehicle, a media report here said.
The 2-door vehicle may finds its way back in India with the launch of the all-new Thar by Mahindra and Mahindra, says Rajesh Karkera.
The e2o is manufactured by Mahindra Reva Electric Vehicles.
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