India: Mahindra agrees 55.2% stake in Reva

Mahindra & Mahindra has announced it has acquired a 55.2% stake in Reva Electric Car Company, an EV manufacturer that was established in Bangalore in 1994 as a joint venture between the Maini Group of Bangalore and AEV LLC of California. The company will be renamed Mahindra Reva Electric Vehicle Subscribe to Automotive World to … Continued

Mahindra & Mahindra has announced it has acquired a 55.2% stake in Reva Electric Car Company, an EV manufacturer that was established in Bangalore in 1994 as a joint venture between the Maini Group of Bangalore and AEV LLC of California. The company will be renamed Mahindra Reva Electric Vehicle

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