Mahindra Reva Electric Vehicles Pvt. Ltd., a part of the US $15.9 billion Mahindra Group, has been featured in the prestigious ‘Fast Company’ magazine listing of the Top 50 Most Innovative Companies of 2013. Mahindra Reva was ranked at number 22 for its innovative contributions to the global electric vehicle industry. The Fast Company listing features businesses that are creating the greatest impact across their industries and culture as a whole.
Fast Company focuses on technology, business, & design and for this listing it assesses thousands of businesses based on creativity, real-world impact, risk taking, and execution to create a list of just 50 companies. Mahindra Reva is listed along with other globally renowned companies like Nike, Apple, Google and Samsung, with Mahindra Reva being the only Indian company in the list.
The award comes at a time when the company is all set to launch its next generation electric car, the E2O. Fast Company highlighted the E2O’s smart phone powered ‘Emergency Electric Boost’ as one of the coolest features in the car.
Anand Mahindra, Chairman, Mahindra Group said, "Mahindra Reva featuring among the world's top 50 most innovative companies is a tribute to Chetan Maini and the team at Mahindra Reva. Our vision of the Future of Mobility depends on our ability to harness clean energy not only to power, but also produce a new generation of clean vehicles. Mahindra Reva is a global leader in addressing both these important issues.”
Chetan Maini, Founder and Chief of Strategy & Technology, Mahindra Reva Electric Vehicles Pvt. Ltd, said, “It is a matter of honour and great pride to be featured in such a prestigious global list. This recognition is testimony to our unrelenting efforts and contribution to the electric vehicle industry. I would like to thank everyone who supported us on this journey.”
“We will continue to keep our innovation quotient high, strive to achieve our vision of the future of mobility and our upcoming product offerings like Mahindra E2O will provide ample proof of our innovation thrust,” he added.