Bangalore, July 26, 2007: Reva-1, the upgraded version of the electric car Reva has been launched by Reva electric car company.

Reva-1 is coming with wonderful air conditioning, terrific speed, range, power and acceleration. The company is expanding its production capacity to 30000 vehicles from 6000 vehicles. It is coming at a price of Rs. 3.49 lakhs.

"The company has so far sold around 2,000 units of Reva, of which 70 per cent have been exported. Over 1,000 units of Reva car have been sold in the UK market." He said "Part of the $20 million funding it received from Global Environment Fund (GEF) and Draper Fisher Jurveston (DFJ) would be utilized for increasing the capacity of the plant." These words were marked by the deputy chairman and chief technology officer, Mr. Chetan Maini.