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Japan Approves Subsidies for Reva Electric Vehicles.

Indian news service Rediff.com recently reported that the Japanese government has approved a $2,600 subsidy for every one of Reva Electric Car Company's electric vehicles (EVs) sold in the country.

According to Rediff.com, Reva plans to demonstrate its EVs in select Japanese cities, with vehicle shipments expected to begin within the next few months.

Rediff.com said the standard Reva model will be sold for 1.29 million yen (approximately $12,200), with the "higher-end" model to be priced at 1.49 million yen (approximately $14,000).

(REDIFF.COM: 12/13)
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Publication:Electric and Hybrid Vehicles Today
Article Type:Brief Article
Geographic Code:9JAPA
Date:Dec 16, 2004
Words:94
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