Reva Electric Car Company is helping the globe go greener with the electric cars. REVA today has the world’s largest test fleet of electric cars, with more than 3,000 vehicles in 24 countries and more than 85 million kms of on road data.
REVA and Northern Lights Energy (NLE), the initiator of the 2012 project and provider of infrastructure and services for Electric Vehicles (EV) based in Iceland has signed an agreement to jointly develop the electric vehicle market in Iceland.
This news comes soon after they displayed REVA’s two new models in Frankfurt Motor Show in September 2009. NLE will have exclusive distribution rights for the NXR, the new model premiered by REVA at the Frankfurt Motor Show in September, and consequent follow-up models, such as the sports coupé NXG, which will be launched in 2011. The sales and marketing of the car will commence in the second half of 2010 and customer deliveries at the end of 2010. Check out the features of the REVA NXG and NXR Models here.
NLE is working on developing a (re)charging infrastructure system for Electric Vehicles and vehicle exchange service to support the adoption of electric vehicles in Iceland. NLE is also working on developing systems to convert the current internal combustion engine (ICE) car fleet into Electric Cars. This is an innovative and unique research which will essentially involve using the existing car frames and mounts to fit electric motors and battery systems with least possible modifications to make it economically viable options for the car owners to consider this option.
The signing of the agreement took place at the Indian Embassy, Skulagata 17, Reykjavik, Iceland at 12:00 midday on November 12th 2009.
REVA is the brand of the Reva Electric Car Company, a Bangalore-based company formed as a joint venture between Maini Group of India and AEV LLC of California and backed by US investors Global Environment Fund and Draper Fisher Jurvetson. I feel really proud to see Indian Entrepreneurs bringing green ideas to reality and creating business in the country and world over.
REVA’s business model includes: electric vehicle design, development and manufacture, electric vehicle technology licensing and electric vehicle manufacturing franchising. REVA develops all key technologies including energy management, fast-charge and telematics systems in-house. The interesting part of REVA apart from the car being eco friendly is that the company is building a new ultra low carbon vehicle assembly plant in Bangalore, with a capacity of 30,000 units per annum, to accommodate increased production and is planning to introduce even more measures to ensure that it has the cleanest and greenest production.
Another technology by REVA called REVive addresses ‘range anxiety’. The amount of reserve energy in a battery depends on several parameters including the temperature, usage (that day and historically) and the age of the batteries. The REVA support centre assesses information from the car via telematics (information and communication technology) to calculate the amount of reserve energy available for that particular car. Then, within a few minutes the digital display will indicate ‘Revive’ and the ‘distance to empty’ gauge will display the additional amount of range available and the driver can continue their journey.
