India’s EV market in desperate need of a charge

While the sight of this lilliputian on four wheels buzzing around may lighten almost everyone’s mood, the all-electric Reva car is, unfortunately, failing to change both mind-sets and the industry. Since it’s launch in India in 2001, the car has produced close to just 4,000 Reva cars from its Bangalore plant, which has an annual production capacity of 6,000. Of the cars produced, nearly 85 per cent have been exported. While Tata Motors and General Motors have earlier announced electric variants for their Nano and Spark models respectively, and reports of almost every major auto manufacturer producing an electric vehicle (EV) prototype, it will take years for demand to pick up.

[Source & read more: Indian Express]