UK Reva Electric Car co. [G-Wiz] Award Winner
**LONDON--(BUSINESS WIRE)--The 2008 Frost & Sullivan European Automotive Powertrain Company of the Year Award is presented to Reva Electric Car Company (RECC) for demonstrating excellence in sales volumes, superior market penetration and high levels of customer satisfaction within the electric vehicle (EV) industry. In 2007, on average one REVA electric car was sold per day in the United Kingdom.
RECC is the world's best selling developer and manufacturer of electric cars and a pioneer of EV technologies. It is the first company to break through the price-performance barrier with an EV, the first to successfully commercialise EVs and, the first to volume sell EVs with AC motor drives.
**Technology leadership has enabled RECC to break the price-performance barrier and consistently develop and commercialise new mobility solutions,** notes Frost & Sullivan Research Analyst Anjan Hemanth Kumar. **In 2007, RECC achieved milestones in terms of battery and electric motor technology.**
Research and development on lithium ion batteries reached new heights when RECC successfully tested and evaluated lithium ion batteries for the REVA quadricycle. The newly developed lithium ion batteries provide a driving range of more than 140 kilometers compared to 60-80 km from the existing lead acid battery pack.