Reva plans largest unit

Reva Electric Car Company (RECC), India’s leading electric car manufacturer, is planning to build a second manufacturing plant, which some say will be the largest electric car facility globally. The new facility is expected to be over five times the size of its existing facility in the Bommasandra Industrial Area. The new facility would have an installed capacity of around 30,000 units to begin with. The facility is expected to be operational in the next two years. “There has been a number of research findings that indicate that by 2015, around 5% of the total car sales in the country would be of electric vehicles. Hence, we need to scale up in order to ride the growth wave,” said a company source. Globally too, climate change concerns have sharply increased the appeal of electric cars. The Tamil Nadu government recently allotted 100 acres of land to Bavina Cars India, to set up a Rs 300 crore electric car manufacturing facility, with a capacity of 25,000 units.