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All Posts Tagged With: "FrostAndSullivan"

G-Wiz maker wins award

When most people look over a Reva G-Wiz, “award-winning” isn’t usually the expression that comes to mind. However, the makers of the little electric quadricycle, the Reva Electric Car Company (RECC), are now in a position to claim such an accolade. Because of their impressive sales volume, market penetration, and high customer satisfaction in the electric vehicle (EV) sector, the 2008 Frost & Sullivan European Automotive Powertrain Company of the Year award has been bestowed upon their heretofore unadorned brow. And while it might seem ill-mannered to raise the point that they are practically the only company in their sector with a product available, it is indeed the case. That is not to understate their accomplishments though. Sales-wise, they manged to sell an average of a car a day in 2007 and with their recent upgrades, they are the first company to sell, in volume, an EV with a AC motor.

If their ambitious goals for the future come to pass, this may not be their last award. They have plans to begin construction of a ultra low energy plant that can churn out at least 30,000 vehicles by the end of this year as well as introduce a new model and variant each year. Get all the delicious details in the press release after the break.

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