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...change," says Dipankar Banerjee, director of the Institute for Peace and Conflict Studies in New Delhi. "There are structural limitations, but that's changing. There is greater realization and willingness to discuss regional issues." Former diplomat Rajiv Sikri agrees: "We need a more activist agenda of our own. Next time, we should not merely react to what the U.S. puts on the table. We must be in a position to say, 'Look, we want to talk about this.' " The irony of the Indo-U.S. strategic partnership remains that while the U.S. may urge India to become a global power...

Author: /time Magazine | Title: Clinton's Trip to India: What's the Takeaway? | 7/21/2009 | See Source »

...Reva Electric Car is building a new factory 25 miles (40 km) south of its Bangalore headquarters to mass-produce the Reva hatchback, a two-passenger city car priced at little over $12,000 that the company has been selling in India and Europe since 2001. When production begins next January, the new factory will be the world's largest for low-cost electric cars; annual capacity is expected to hit 30,000 cars within three years. "The opportunity today is very high," says Chetan Maini, Reva's vice chairman and chief technology officer. (See pictures of the world...

Author: /time Magazine | Title: Made in India: The $12,000 Electric Car | 7/21/2009 | See Source »

...risks. Reva faces a growing list of potential competitors that plan to launch all-electric and plug-in hybrid vehicles over the next several years. GM's Chevy Volt is expected to debut in the U.S. in 2010; BMW says it will test-market an electric car in Britain and other countries later this year; while Renault-Nissan plans to make an electric car by 2012. A Frost & Sullivan study reckons that by 2020, at least 15% of all new cars sold will be electric. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Made in India: The $12,000 Electric Car | 7/21/2009 | See Source »

...Reva officials say they are improving their cars and plan to sell 8,000 vehicles next year after the new factory opens. In May, the company began equipping Revas with more-powerful lithium-ion batteries that increase range to 75 miles (120 km). A new model with sportier looks and upgraded electronics is expected to be launched by 2010. (Watch TIME's video about charging your electric car for 60 cents...

Author: /time Magazine | Title: Made in India: The $12,000 Electric Car | 7/21/2009 | See Source »

...Tata Nano, which sells for about $2,000. But that mantle may not have time to stick. India's Tata Motors, in partnership with the Norwegian electric-car research-and-development firm Miljoebil Grenland, plans to launch an all-electric version of the Nano in Norway early next year...

Author: /time Magazine | Title: Made in India: The $12,000 Electric Car | 7/21/2009 | See Source »

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