The Indian-made REVAi now available in India
Besides not having an expensive-to-fill gas tank, REVAi sales may also benefit from several tax incentives. There is a 15 percent subsidy on the base price, it's exempt from a 12.5 percent value added tax (VAT), and, in Delhi, it gets a refund of a road tax and registration fees. After all the discounts, Indians are looking at a base price of Rs299,000 (US$7,000) for the 50 mph capable, 80 mile ranging (50 miles with the A/C) vehicle. Future plans include adding a new model and new model variant in each of the coming years and possibly the creation of something a bit bigger.
[Source: Automotive World]
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