Business
Mahindra Reva
By
|
Mahindra & Mahindra Ltd. has agreed to buy a majority st
ake in Reva Electric Car Co. from General Motors. “Our association with Reva will only help us further expand our green footprint both in India and overseas,” Mahindra & Mahindra managing director Anand Mahindra said in a statement. Reva launched its first electric vehicle in 2001 in Bangalore and presently has an estimated 3,500 G-Wiz vehicles on the road, mostly in England.
|
