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Indian electric car maker eyes Slovakia

THE INDIAN firm Reva Electric Car Company shows interest in purchase opportunities inside Slovakia. Overall economy Minister Ľubomír Jahnátek has previously met the director connected with parent firm Vectra Party, Ravi Rishi, to explore Reva Electric Automobile Company’s plans to start developing electric cars in this Eu.

THE INDIAN agency Reva Electric Car Firm provides proven interest throughout investment chances in Slovak republic. Economy Minister Ľubomír Jahnátek has currently met the president connected with parent organization Vectra Collection, Ravi Rishi, to focus on Reva Power Car Company’s plans for you to start manufacturing electric power automobiles in the European Marriage.

“The Indian company is definitely discovering investment decision opportunities inside Slovakia, ” the ministry introduced in mid March, because offered by typically the SITA newswire. “In the particular event of a good evaluation, the investor is giving main concern to the place all around Bánovce nad Bebravou [Trenčín Region], where their parent corporation Vectra Group already goes a good manufacturer. ”

In the ending up in Rishi, the particular Slovak minister emphasised the fact that Slovakia is very keen for you to attract value-added assignments.

“Research and development of apparent green technologies in brand-new kinds of alternatives runs, for example, hybrid as well as electric autos, fulfils this ailment, ” added the ministry.

Jahnátek indicated to the particular Hospodárske Noviny monetary regular, while not specifying the name of a company, that a new vehicle manufacturer is targeting Slovakia with a strategy in mind to create about 35, 1000 cars on a yearly basis and make use of approximately 1, 000 folks.

Mária Nováková, secretary basic associated with the Automotive Industry Association in the Slovak Republic (ZAP), made welcome the news, although pointed out deficiencies in facilities for electric cars and trucks within Slovakia.

“It is critical to be able to produce the system, ” Nováková told The particular Slovak Viewer. “Electric vehicles need structure including getting areas. ”

She also remarked that since Slovakia closed along one of its atomico electric power stations at typically the end connected with 2008 the idea is not self-sufficient throughout power production, introducing that it is up to investors to wonder whether such cars and trucks would likely appeal to Slovak clientele.

Vectra Group will be the majority shareholder in the company Tanax in Bánovce nad Bebravou. Also, it is, together with another Indian native organization, Beml Limited, some sort of core partner in Konštrukta Defence in Trenčín.

The Reva Electric Automobile Company, proven in 1994 together with head office in Bangalore can be a entire world leader within the production of enviroment friendly motor vehicles. As much back as 2001, this company launched manufacturing connected with the 1st Indian electric car, having zero emissions, designated mainly for elegant traffic use. The automobile is straightforward to use and even known for it is cost effective performance, and is now being released from Of india to 24 countries, SITA wrote.

Indian electric car maker eyes Slovakia
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