Word: indianized
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...time when almost every carmaker in the world is looking at making environmentally friendly vehicles, a little-known Indian company is jumping the queue by ramping up production of a low-cost electric car called the Reva...
...Indian company, however, aims to leverage low production costs to build simple, cheap vehicles and sell them in India, Europe and, within five years, the U.S. The Reva, branded the G-Wiz in Europe, costs about $12,200 there and about $7,000 in India. The pint-size commuter vehicles are powered by lead-acid batteries, which provide about 50 miles (80 km) of driving per charge. Top speed is about 50 m.p.h. (Read "From India: First Nano's $2,000 Car. Now the $7,800 Nano Home...
...powered family sedans. "Reva is yet to hit the price-performance equation," says Mohit Arora, senior director for India for J.D. Power market research. According to Pawan Goenka, president of Mahindra & Mahindra's automotive business in Mumbai, "The challenge is to make the economics work in a price-sensitive Indian market." For electric cars, "performance and range are major bottlenecks," he says. (Read "Coming to an Ex-Car Dealer Near You: Pickups from India...
...thorny ones such as climate change, terrorism and nuclear non-proliferation - was announced. Clinton's speeches and interviews to the local media were full of references to India's greater role on the global stage. "[I] consider India not just a regional but global power," she told an Indian news channel on July 18, the day after she arrived in Mumbai. The irony of that statement was not lost on India's foreign policy set, given that the country's recent attempts to take a leadership role in international affairs, such as leading developing nations at the World Trade Organization...
...fact, the Indian Environment Minister, Jairam Ramesh, broke away from the saccharine tone of most of Clinton's meetings with the country's leaders by bluntly reiterating India's position that it would not accept binding emissions cuts. "There is simply no case for the pressure that we, who have been among the lowest emitters per capita, face to actually reduce emissions," Ramesh said to Clinton at a conference on climate change in Gurgaon, near New Delhi, on July 19. "And as if this pressure was not enough, we also face the threat of carbon tariffs on our exports...