{"id":580811,"date":"2010-05-26T18:33:00","date_gmt":"2010-05-26T22:33:00","guid":{"rendered":"http:\/\/www.autoblog.com\/2010\/05\/26\/mahindra-reva-announce-partnership-leading-future-electric-vehi\/"},"modified":"2010-05-26T18:33:00","modified_gmt":"2010-05-26T22:33:00","slug":"mahindra-reva-announce-partnership-leading-future-electric-vehicles","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/580811","title":{"rendered":"Mahindra, Reva announce partnership leading future electric vehicles"},"content":{"rendered":"

Filed under: Hirings\/Firings\/Layoffs<\/a>, Earnings\/Financials<\/a>, India<\/a>, Electric<\/a><\/p>\n

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Turns out, that so-called “person with direct knowledge<\/a>” was right. Mahindra and Reva have announced a collaboration to form a new company called Mahindra Reva Electric Vehicle Company that will see Reva’s electric powertrain technology put into Mahindra & Mahindra vehicles. Mahindra will also take a 55.2-percent equity stake in Reva Electric Car Company and has so far invested about $10 million in the new company. New corporate details are available after the jump, but what we’re really wondering is what this might mean for vehicles like the NXR electric car<\/a>.<\/p>\n

Apparently, a lot of Mahindra vehicles – electric three-wheelers like the Bijlee and the Maxximo mini-truck, and “other M&M vehicles” – could get the electric powertrain package. As for the NXR (and the even more far away NXG<\/a>), today’s announcement says, “Mahindra REVA will now have access to Mahindra’s vehicle development technology and distribution network, significantly enhancing its ability to launch a state-of-the-art electric vehicle for global markets.” So, there’s that.<\/p>\n

At this point, we’re not sure what this announcement means for the previous deal between Reva and General Motors<\/a>.<\/p>\n

[Source: Mahindra]<\/p>\n

Continue reading Mahindra, Reva announce partnership leading future electric vehicles<\/em><\/a><\/p>\n

Mahindra, Reva announce partnership leading future electric vehicles<\/a> originally appeared on Autoblog<\/a> on Wed, 26 May 2010 17:33:00 EST. Please see our terms for use of feeds<\/a>.<\/p>\n

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Permalink<\/a> | Email this<\/a> | Comments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Filed under: Hirings\/Firings\/Layoffs, Earnings\/Financials, India, Electric Turns out, that so-called “person with direct knowledge” was right. Mahindra and Reva have announced a collaboration to form a new company called Mahindra Reva Electric Vehicle Company that will see Reva’s electric powertrain technology put into Mahindra & Mahindra vehicles. Mahindra will also take a 55.2-percent equity stake […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-580811","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/580811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=580811"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/580811\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=580811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=580811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=580811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}