Reva NXR set for Iceland launch

Friday, November 20, 2009, 20:33

Northern Lights Energy has signed a deal with Bangalore-based REVA Electric Car co. for the exclusive rights to distribute REVA electric car models in Iceland.

Reva will launch the REVA NXR and REVA NXG at the 2009 Frankfurt Motor Show

Photo: REVA NXR at the 2009 Frankfurt Motor Show

Northern Lights Energy is the initiator of Iceland’s project 12 and provider for the infrastructure of services for Electric Vehicles in Iceland.

As per the NLE-REVA agreement, NLE will have the rights to distribute not just the Reva NXR model, but all later REVA electric car models, including the REVA NXG Sports Coupe.

The REVA NXG Sports Coupe will be launched in 2011.

The new agreement, REVA has signed with NLE, opens the path for REVA to further increase its presence overseas.

Recently, in October 2009, REVA had signed a deal with Long Island-based Bannon Automotive LLC to manufacture the REVA NXR electric car in Central New York.

Reports say that the two companies will invest $26.5 million into the plant, that will come up in Clay, Syracuse, while the state will pump in $3 million in Empire State Development Corp. grants and $3.76 million in tax incentives and breaks.

Earlier, in 2009, the REVA Electric Car co. had showcased the REVA NXR and the Reva NXG electric car at the 2009 Frankfurt Motor Show.

The REVA NXR electric car will make its debut in 2010; sales and marketing of the car will begin in the early 2010. The first batch of the 2010 REVA NXR electric car will be delivered to customers in Iceland, by the end of 2010.

REVA NXR, the four-seat, three-door hatchback family car, is basically a city-oriented car, which offers great infrastructure support in terms of charging port outlets and is extremely eco-friendly.

The car has a top speed of 104 kmph and can go up to 160 km on a single charge.

REVA is also considering setting up a plant in Iceland to cater to the growing European demands.

REVA

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