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REVA Drives Away with 2008 Frost & Sullivan Award

Jun 22 2008

REVA Drives Away with 2008 Frost & Sullivan Award

Written by News watch

Sunday, 22 June 2008

The 2008 Frost & Sullivan European Automotive Powertrain Company of the Year Award has been presented to Reva Electric Car Company (RECC) for demonstrating excellence in sales volumes, superior market penetration and high levels of customer satisfaction within the electric vehicle (EV) industry. In 2007, on average one REVA electric car was sold per day in the United Kingdom. Research and development on lithium ion batteries reached new heights when RECC successfully tested and evaluated lithium ion batteries for the REVA quadricycle. The newly developed lithium ion batteries provide a driving range of more than 140 kilometers compared to 60- 80 km from the existing lead acid battery pack.

The company's current model - REVAi - has been designed to facilitate upgrades to li-ion packs when they are made available for sale in 2008. With the incorporation of the new AC electric motor, the REVAi increases the mid-range torque by 40 per cent and offers a boost mode for short term acceleration. Looking ahead, RECC is building a new and ultra low energy manufacturing plant to LEEDS guidelines that will expand production capacity to thirty thousand vehicles per year by the end of 2008. This will enable the company to increase penetration within existing and new markets as the emission free sector expands rapidly over the next five years. The company has announced that it will launch one new vehicle and one new variant every year in order to build upon its position as the pioneer of the European EV market.