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PHOTO CAPTION: Chetan Maini, deputy chairman and CTO of REVA with the new REVA NXR electric car, REVA's 2010 model.

Indian Firm Sets Its Sights on European Car Market

Reva deputy chairman and CTO, Chetan Maini cites study forecasting a market of 500,000 electric vehicles in Europe in 2015.

Published: 17-Sep-2009

FRANKFURT — Indian car maker Reva unveiled two electric cars at the Frankfurt motor show this week and announced the launch in Europe of one model in early 2010 as the buzz for electric vehicles grows louder.

In its first major presence at the German show, Reva presented the NXR city car that is to be built at a new plant in Bangalore and will retail for less than 10,000 euros (14,700 dollars) for a city driving model.

A two-seater NXG coupe that was shown here as a prototype is due to follow in 2011, the company said on Wednesday.

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