Reva Cars

In an interesting turn of events, Chetan Maini, founder of Reva, has resigned as CEO of the electric car company that is owned by Mahindra. Chetan Maini founded Reva twenty year ago and now he will be replaced by former Managing Director of Ford India, Mr Arvind Mathew.

Mahindra Reva announced that it would launch its next generation electric vehicle, the e2o, on 18th March 2013 in New Delhi. The Mahindra e2o (powered by Reva) is the embodiment of the Mahindra Group’s vision of the Future of Mobility for a sustainable tomorrow. It was unveiled at the last Auto Expo in New Delhi during January 2012.

Mahindra Reva Electric Vehicles Pvt. Ltd has been featured in the prestigious ‘Fast Company’ magazine listing of the Top 50 Most Innovative Companies of 2013. Mahindra Reva was ranked at number 22 for its innovative contributions to the global electric vehicle industry. The Fast Company listing features businesses that are creating the greatest impact across their industries and culture as a whole.

Mahindra Reva Electric Vehicles Pvt. Ltd. named its next generation, future ready, electric car as the ‘Mahindra e2o’. The Mahindra e2o is the manifestation of Mahindra Group’s vision of the ‘Future of Mobility’, which was revealed earlier this year by Group Chairman Anand Mahindra. It involves the creation of future-ready vehicles that meet the 5 C’s framework of - Clean, Convenient, Connected, Clever and Cost Effective. The Mahindra e2o is the first step in the creation of an entire electric vehicle value chain and ecosystem by the Mahindra Group.

In our latest story about Mahindra & Mahindra's plans of increasing the production of SsangYong Rexton by 500 units, we told you that the company's chief executive, Mr. Pravin Shah has also disclosed some of the M&M's major plans for the first quarter of 2013.Except revealing the hike in production capacity of their newly launched SsangYong Rexton, he went on to saying that the much awaited sub-4 meter Verito Compact Sedan and Reva NXR E2O will launch by end of the first quarter, which means by March end.