Themes: Mergers Acquisition and Takeovers
Period : 2001
Organization : Reva Electric Car Company
Pub Date : 2002
Countries : India
Industry : Automobile & Automotive
The Future of Reva Contd...
TABLE VI
COMPARISON OF TECHNICAL FEATURES BETWEEN REVA AND MARUTI 800
Maruti 800 |
Reva |
|
Length |
3,335 millimeter (mm) |
2,638 mm |
Width |
1,440 mm |
1,324 mm |
Height |
1,405 mm |
1,510 mm |
Wheel base |
2,175 mm |
1,710 mm |
Minimum turning radius |
4,400 mm |
3,505 mm |
Engine/motor |
4 stroke petrol |
Separately excited DC motor |
Maximum speed |
140 km/hr |
65 km/hr |
Braking system |
Disk and drum |
Disk and drum |
Maximum torque |
56 Newton Meter (2,500 rpm) |
56 Newton Meter (2,500 rpm) |
Steering |
Rack and pinion |
Rack and pinion |
Operating cost |
Rs 2.15 per km |
Rs 0.40 per km |
Seating capacity |
4 adults |
2 adults, 2 children |
On-road price |
Rs 0.237 million |
Less than Rs 0.2 million |
Source: Business Today, April 22, 2000.
Other major Indian automakers were also entering the segment in India. In 2001, Mahindra & Mahindra was testing its three-wheeler 'Bijilee' and was planning to enter the 4-wheeler segment. However, Sudarshan seemed to be confident of success saying, "We are in a totally different market segment with the Reva being marketed as a personal 'city' car."
Prof. C.C.Chan, president of the World Electric Vehicle Association, said, "The future of EVs is bright... for a sustainable ecology, we need to have environment-friendly vehicles. But it depends on whether you can mass-produce, ensure reliability and good performance at reasonable costs. These will define its future." It remained to be seen if Reva could spark an electric revolution in the Indian passenger car industry.