The only electric car of the country, Reva Electric Car Co, is setting up a new plant in Bangalore to manufacture the two new models for the Indian market and the export market.
"We are investing Rs 300 million (Rs 30 crore) in the second plant that will eventually have an installed capacity of 30,000 units per annum," Reva co-founder and deputy chairman Chetan Kumar Maini told.
Reva has raised $20 million (Rs 960 million) from global investors Draper Fisher Jurvetson and Global Environment Fund for this purpose.
The two new models from Reva, NXR, a four-seat, two-door hatchback family car, and NXG, a sporty two-seater with a targa roof was unveiled at the 2009 Frankfurt Motor Show. "We plan to roll out NXR by mid-2010 and NXG a year later (mid-2011)," Maini said on the sidelines of a conference.
"Export version of NXR will run on a Lithium Ion battery, with a top speed of 104 km per hour and a range of 160 km on a full charge. The lead acid battery variant, with 80 kmph speed and 80 km per charge, will be sold in the domestic market," he added.
"We have exported about 1,500 cars to 24 countries across Europe, Asia and South America over the last five years. Global auto dealers have shown keen interest in the new models at the Frankfurt auto show," Maini asserted.
"The new plant will have one of the lowest dust-to-dirt carbon footprints of any car in mass production," Maini said.
The Reva-General Motors India joint venture has plans to roll out the electric version of GM's Spark compact car platform next year in India.
"To fight global warming and reduce carbon emissions, electric vehicles cars are an alternative to fossil fuel-driven cars. Though awareness of impact of climate change is growing, pro-active policies and incentives by the government will encourage people to go for eco-friendly transport system," GM India managing director Karl Slym said.