Reva Electric Car Company Receives $20m Funding

We have reported countless times on the Indian-made Reva, or G-Wiz at is marketed in London, including here, here, and here. Many people we talk to love this tiny, silent run around, while others claim it is just small and ugly. However, whether you love or hate the thing, it appears that Reva are making a big impression. On a recent visit to London, this Treehugger was amazed at how many could be seen whizzing silently around the streets of central London. Now, having secured $20m in additional investments, the company is set to expand with the stated aim of becoming “a major global car brand”. Apparently, the money will be spent on expanding production capacity and developing newer models. Who knows, maybe they’ll even make a model that everyone likes, but where would be the fun in that? [Written by: Sami Grover]

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