Monday, 14 November 2011

Mahindra arm to develop solar tech for Reva




Mahindra Solar One, the solar business arm of the country’s largest Utility carmaker, Mahindra & Mahindra is in process of developing a solar technology for use in Reva.

Mahindra Partners is an over $500-million division of M&M that manages the group’s new and non-automotive businesses such as retail, logistics, engineering, chemical products, media and entertainment,  and energy.

“We are working on options of how solar can be deployed in automotives. It is in an early stage but we see that as something that will clearly evolve in the future. We look at this (solar) as a potential for hybridisation of cars like Reva,” he told on the sidelines of Solarcon 2011 in Hyderabad recently.

Mahindra & Mahindra bought a majority, 55 percent stake in Electric Car maker owned by Maini’s in  2010. “They (Reva) had done that in batteries and they had done that in the Reva car. I am sure they are going to look at these options as a potential option for hybridisation,” he said.

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