Specializing in designing and manufacturing electric cars – REVA Electric Car Company (RECC) has announced that it is planning to build the world’s largest electric vehicle factory, capable of producing 30,000 units of small plug-in cheap electric cars annually.

The Bangalore, Karnataka based RECC has declared that it is building its new Rs 300 million ($6.1 million) manufacturing facility, near company headquarters in Bangalore, which will start production in the first quarter of 2010.

Currently, RECC produces two variants of its REVA, with 2+2 seat configuration. The 2+2 REVA, an urban electric micro-car capable of seating two adults and two kids, is a small hatchback powered by eight six-volt batteries. The two variants include “REVA i” and “REVA L-ion”.

‘REVA i’ is equipped with lead-acid batteries; it has a nominal range of 80 km (50 mi) per charge and a top speed of 80 km/h (50 mph). ‘REVA L-ion’ is equipped with Lithium-ion batteries; it has faster acceleration and a nominal range of 120 km (75 mi) per charge. In 2005, RECC built the REVA-NXG, a two-seater roadster concept car with a nominal range of 200 km (124 mi) per charge and a top speed of 120 km/h (75 mph). RECC is planning to roll out a roomier four-seater model by the end of 2009. RECC also makes a Golf cart called FERI.

REVA Electric Car Company (RECC) is a joint venture between Maini Group of India and AEV LLC of California; the venture backed by lead US investors Global Environment Fund and Draper Fischer Jurvetson. RECC markets its electric cars for a mega-competitive Rs 350,000 in India and £7,500 ($12,200) in the United Kingdom. The Reva Cars are marketed under the G-Wiz brand in the United Kingdom. The Reva Cars are also marketed in Italy, Malta, Cyprus, Norway, Spain, Ireland, Switzerland, Germany, Austria, Japan, Australia, Sri Lanka, and Nepal.