New electric cars to launch in India

A new electric car manufacturer, Bavina Cars India is planning to launch electric car in Indian market. The compaby official said that company is currently setting up its new manufacturing plant in Tamil Nadu. He added that the company will launch its new electric car in Indian market by the mid of 2011. The State government of Tamil Nadu has already allotted near by 100 acres of land in its Special Economic Zone in Ranipat that is currently being promoted by the State Industries Promotion Corp of Tamil Nadu. The company had planned to invest initially around Rs 300 crores and will roll out around 25,000 units of bikes annually from 2011.

In India, currently electric car market is dominated by the Reva Electric Car Company. Reva makes its strong presence also in the International markets, especially in UK. With the launch of new electric cars in Indian market it will become a new competitor in India will now have more options to choose from. Its already launched electric car models for International market is also quite fresh and even India's leading auto manufacturer Tata Motors is also planning to launch its electric car this year.