Reva has more all-electric vehicles on the road than any other
company, but it still has a long haul before it can make the vehicles
marketable for the masses.
However, last month, the company won a huge and important stamp of approval when GM said it would use Reva’s technology
in the electric version of its Chevrolet Spark, a small car whose
conventional petrol version GM sells here already. The electric version
of the Spark is expected to go on sale in India by the end of next
year, according to GM officials.
A gentle tip from The Franchise King®:
Do not buy a franchise until you know EXACTLY how to do thorough research.
Learn how here
Reva’s technology is “second to
none”, said Karl Slym, president and managing director of GM India,
adding that Reva’s appeal came from its drive train, the collection of
components that move the car, which is easily installed in different
vehicles and works with various batteries.
Read more at LiveMint.com
Could this become a US green auto franchise?