As conventional car firms the world over announce lay-offs and plant closures, Reva, the India-based electric car manufacturer behind the iconic G-Wiz, has today announced plans to increase its production capacity four-fold with the construction of a new assembly plant in Bangalore.
Despite widespread recent reports that sales of electric cars have been badly affected by the economic downturn, the company is to invest in a new plant with a capacity of 30,000 units a year designed to serve what the company regards as a still fast-expanding global market.
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