Mahindra Electric Mobility Limited Description

Mahindra Reva Electric Vehicles Pvt Ltd was established in the year 1996 and has its headquarters in Bengaluru. The company is a pioneer of electric vehicle (EV) technologies and one of the world's most experienced EV manufacturers. They design, manufacture, and develop automotive products. The Company also offers electric vehicles and energy management products. Mahindra Reva Electric Vehicles markets its products worldwide. The company was a joint venture between the Maini Group of Bangalore and AEV LLC of USA. Since then, the company has remained focused on creating affordable electric cars through advanced technology. It launched its first model in India in 2001 and in London in 2004. Mahindra Reva exemplifies the Mahindra Group's vision of the Future of Mobility. The Future of Mobility envisions an automotive ecosystem that brings Clean, Convenient, Connected, Clever and Cost-effective the 5 C's) mobility solutions to customers across the world. Presently, Mahindra Reva has one of the world's largest deployed fleets of electric cars – customers in 24 countries have driven their Reva and Mahindra e2o fuel-free for more than 200 million kilometers. In May 2010, the USD 16.9 billion, Mahindra Group acquired a majority stake in the company, which was then renamed to Mahindra Reva Electric Vehicles Pvt Ltd. Mahindra Reva is headquartered in Bengaluru, India. The company manufactures cars, licenses out its electric vehicle technologies, electrifies existing platforms, and helps to deliver integrated zero-emissions mobility solutions. The company's new factory in Bengaluru is the first automobile plant to receive a platinum rating from the Indian Green Building Council. Mobile plant to receive a platinum rating from the Indian Green Building Council. They have been ranked 22nd in the prestigious 'Fast Company' magazine listing of the Top 50 Most Innovative Global Companies of 2013, in addition to numerous awards and recognition. The company also won the 'Innovation' award from respected Italian magazine- Focus, during March 2013. It is one of the only three global companies to have received this award for the development of the 'Mahindra e2o' and its environment friendly plant at Bengaluru