Following a fatal collision between a ferry and a Navy craft off the Mumbai coast, authorities have made life jackets mandatory for all passengers taking boat rides from the Gateway of India. The decision comes after survivors of the Wednesday tragedy claimed the ferry did not have enough life jackets. Some tourists, however, raised concerns about the effectiveness of life jackets if people don't know how to use them properly.
Reva Electric Car Co unveiled two models, one of them designed by India's celebrated auto designer Dilip Chhabria, at the 63rd Frankfurt International Motor Show on Thursday.
Reva Electric Car Company and Hydrogenics Corp, a Canadian firm will develop hydrogen fuel cell cars. \n
"We are looking for partners in 4-5 countries to set up manufacturing facilities and especially in the US, Australia and Europe. We are in talks with some companies, but nothing has been finalised so far."
Reva, the only electric car which, is exported to the UK market from India, may get a red signal from the UK government, owing to revised safety norms proposed by the UK Department of Transport.
While the value of the deal could not be ascertained, it is estimated that it could be around $100 million (Rs 450 crore approximately).
Reva, which had recently entered into an agreement with General Motors India for launching electric version of the compact car Spark, said it was also open to partnering other companies.
Mahindra Reva has developed technologies that will be seen for first time in its new car, NXR.
The vehicle will be produced at Mahindra Reva's recently inaugurated plant in Bengaluru, the company said.
Mahindra has been keen on bringing to market cars that would redefine the 'future of mobility' in India.
Electric car manufacturer Reva is planning manufacturing facilities abroad under a franchise model to penetrate those markets.
"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," General Motors India, the Indian subsidiary of GM, President and MD Karl Slym told reporters in New Delhi.
Mahindra Reva Electric Vehicles, a part of the Mahindra Group, on Tuesday slashed the price of its electric car e2o by up to Rs 1.7 lakh by introducing a scheme under which a consumer pays a rental fee for the battery.
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.
The promoters of Bangalore-based Reva Electric Car Company are in talks with global private equity investors to raise Rs 75 crore (Rs 750 million) by offloading 15 per cent equity, its managing director Chetan Maini said.
It is estimated that the deal could be around USD100 million.
The carmaker was waiting for the government to announce sops for green vehicles in the Budget that would have help price the car lower.
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 premium e2o has an extended range of 120 km and electric power steering.
American car maker General Motors is likely to pull out of its technological partnership with REVA Electric Car Company, after domestic auto major Mahindra & Mahindra Ltd bought 55.2 per cent equity in the Bangalore-based company to stake its place in the fledgling electric vehicle market.
After positioning itself as a niche product in the passenger car segment, Bangalore-based Reva Electric Car Company is looking at using the technology for the production of mini-buses and taxis.
After creating a niche for itself by making the country's only electric car, Reva Electric Car Company is all set to raise about Rs 70 crore (Rs 700 million) through private equity infusion to fuel its expansion into other segments like mini-buses an
The much awaited Mahindra e20 launched on Tuesday.
Bangalore-based Reva Electric Car Company plans to launch its car in Japan and the US later this year. The company is test-marketing the car in these two countries.
Currently, the company has around 1800 cars on road, of which 1000 cars are in India while the others are in London and other parts of the UK.
Ghazal maestro Pankaj Udhas's last rites were performed with full state honours.
Stars arrived at the premiere of The Sound Of Music, the first ever international Broadway musical in India, at the newly-launched Nita Mukesh Ambani Cultural Centre in Mumbai.
Renowned ghazal singer Pankaj Udhas, whose velvet smooth voice gave expression to the many colours of love, longing and heartache in songs such as Chitthi Ayee Hai and Aur Ahista Kijiye Baatein, died in Mumbai on Monday, February 26, 2024, after a prolonged illness.
India is sceptical that Tesla might import into the country cars made in China. Tesla executives were in India last month and appear to have proposed a factory in the country. But do not be surprised if that does not happen in a hurry.
It was a warm family affair, where Padmini Kolhapure and Ravi Kishan launched the careers of their respective children.
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.
Analysts have predicted a 23 per cent volume growth for the auto segment between FY22 and FY25, riding on the company's differentiated EV and SUV plan. M&M is already a market leader with a 36 per cent share in electric three-wheelers, and its Zaheerabad plant in Telangana is ready to cater to demand. In the farm segment, the company plans to focus on niche electric products.
Prasanna D Zore/Rediff.com drives the Mahindra Reva to Pune and comes away impressed with the electric car.
The e2o isn't cheap, but it's a huge leap ahead from the original Reva.
The opening discussions were on crucial areas of cooperation.
More than a year after Mahindra & Mahindra bought stake in Reva Electric Car Company, the SUV-maker is gearing up to launch its first compact car -- it promises nine times the mileage generated by the country's most fuel-efficient petrol-powered car.
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