Mahindra REVA launches the «Petrol Free» REVAi & available …

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August Electric Vehicle

Mahindra REVA launches the Free REVAi. available at Dealer outlets in Raipur

Chattisgarh gives VAT exemption to REVAi, Price: Rs. 2.99Lacs

Raipur, November 16, 2011: REVA Electric Vehicles Ltd. (Mahindra REVA), one of the of electric vehicle technology in today announced that its vehicle will be available at the dealership in Raipur. This is one of the initiatives announced by the company its acquisition by the US $ 12.5 billion Group in May 2010.

“We are to launch the REVAi in Raipur there is already a great of interest in our vehicles and we thank the of Chattisgarh for taking a bold of giving exemption of VAT on Electric With issues such as change and energy security centre stage globally, transportation has become the need of the This is also substantiated by the announced incentives for electric by the Government, in the form of MNRE of Rs One Lac or 20% of the ex factory price of the car. The vehicle market is hence, to grow rapidly.

Mahindra’s extensive distribution will help us make inroads into the local The car is not only eco friendly and comfortable but cost effective. Interestingly, the cost of the car can be recovered from on petrol costs within six only,” said Mr.

Pavan General Manager Sales Mahindra REVA.

Shri Aggarwal, Hon. Minister of Family Welfare, Medical Commercial Tax, Revenue and Departments, Govt. Of Chhattisgarh, handing over the keys to the customer Mr.

Suresh Kumar said, “Electric vehicles are the of urban mobility in our country with the spiralling oil cost. We are pleased that Mahindra has brought its vehicle to Raipur. Our is committed to providing a better way of to our people and we are supportive of all such that help us further the cause.

In recognition of the same, we are happy to VAT exemptions to electric cars our state”.

The REVAi is a technologically car equipped with a `boost’ for acceleration and power. It also has a restraint’ feature which enhanced negotiation on slopes. As an and economical car, it offers of driving without clutch and Its small size makes hassle-free and manoeuvrable for safe on city roads.

Further, the can drive at 80 km per hour with from 0-40 km in 7 seconds.

patented technology incorporated in its Management System (EMS) optimum performance and life the battery. The car also has a regenerative system by which energy is to the battery while slowing or applying the brakes. With a of up to 80 km per charge, the REVAi is suitable for journeys within the city.

Its automatic drive, no emission and no make it the ‘perfect city

* Ex-showroom price for REVAi STD AR

Mahindra REVA Electric Pvt Ltd

Mahindra REVA is a pioneer of EV vehicle) technologies and one of the first to introduce electric vehicles Founded in 1994 as REVA Car Company, a joint venture the Maini Group of Bangalore and AEV LLC of the company was acquired in May 2010 by the USD billion Mahindra Group of The REVA electric vehicle was in Bangalore in 2001 and in London in (latter under the G-Wiz

In September 2009, at the Frankfurt Show, the company unveiled two new the 4 seat REVA NXR and the 2 seat NXG.

Today Mahindra has one of the largest deployed fleets of cars in the global market and has data from more 100 million km of user experience. The electric vehicle platforms, and regional vehicle assembly are under license.

Mahindra Reva has 310 employees and is at the Bommasandra Industrial Area in India, next to Electronic one of the world’s technology hubs.

In REVA was acclaimed by Businessworld as one of India’s ‘Cool Companies’ and in was the recipient of the Frost Sullivan Power train Company of the award. In 2010 Overdrive and TV 18 declared the REVAi as the Green Car of the

For more information please

About The Mahindra

The Mahindra Group focuses on people to rise. Mahindra in the key industries that drive growth, enjoying a leadership in tractors, utility vehicles, technology, vacation ownership, and semi-urban financial services, Mahindra has a significant and growing amongst others, in the automotive agribusiness, aerospace, automotive consulting services, defence, industrial equipment, logistics, estate, retail, steel and two

BAIC E150 EV Electric Cars

A US $12.5 billion multinational based in Mumbai, India, employs more than people in over 100 countries. In Mahindra featured on the Forbes 2000 list, a listing of the and most powerful listed in the world. For four years in a Mahindra has featured in the Forbes Fab 50 List of the 50 best publicly companies in the Asia-Pacific regions.

Dun also ranked Mahindra at No. 1 in the sector in its list of India’s Top 500

In 2010, Mahindra featured in the Suisse Great Brands of Its flagship company Mahindra Limited is the only Indian manufacturer to feature in the top 10 list of the Disclosure Leadership Index in — 2010, created by the Disclosure (CDP). In 2011, acquired a majority stake in SsangYong Motor Company.

For further information, please

For further information, contact:

Ms. Roma Balwani

Vice President Group Corporate Communications

Mahindra Ltd

Phone: (+91-22) 2490

Fax: (+91-22) 2490

Reva almost pays for over 6 years!


Petrol cost(rs./lit) n.a 70

E-Car GD04B Electric Cars


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