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The carmaker plans to launch its L-ion in Europe, with a lithium-ion battery upgrade that improves on its lead-acid predecessor, which sells for about $9,000. Could a lithium-ion upgrade come close to meeting that price point?

India-based electric car maker Reva announced Monday that it plans a 2009 European launch of a lithium-ion battery-powered version of its long-selling electric car, along with a fast-charging station that can charge it in an hour.

Since 2001, Reva has been making a lead-acid battery-powered car with a range of about 50 miles per charge. Reva has sold about 2,200 of those cars for about $9,000 apiece, according to the New York Times.

The new lithium-ion battery-powered car, called the L-ion, will have a range of about 75 miles and a top speed of about 50 miles per hour, Reva said in a Monday press release.

Reva also intends to market a fast-charge station that can charge the new car's lithium-ion batteries in about an hour, compared to about six hours without the charging station. Reva's lead-acid battery-powered car takes about eight hours to charge, the company said.

Reva plans to have the cars and charging stations available for pre-order in February and start delivering them in May. The cars will be available through distributors in Norway, the United Kingdom, France, Cyprus, Greece, Spain, Belgium and Ireland, and Reva will seek to expand its network throughout Europe in the coming year, the company said.

The company will also sell upgrade kits to convert lead-acid battery-powered Reva cars to lithium-ion batteries, the company said. Pricing for the L-ion and charging station – available for lease or purchase – won't be announced until later this month, the company said.

But if the L-ion's price is anywhere close to the $9,000 for its lead-acid battery-powered predecessor, it could find itself in strong competition amongst carmakers seeking to supply urban dwellers with low-cost electric-powered transportation for shorter drives.

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