Reva Electric Car company is on the verge of entering the fora of many big shots. First it was General Motors and now Mahindra is getting a nod for its tie-up for technology. This will follow the exit of US based Global Environment Fund and Draper Fisher which gives its stake to M&M. the final outcome is to be confirmed by both companies. Another bidder Autocar India is on the wait to receive the feedback from Global Environment Fund and Draper Fisher. These companies have shelled out 10 million dollars in Reva car making. M&M likes to 51% stake in the event of deal materializing. The deal will further M&M’s strategy on alternate propulsion technology. Whereas Reva is readying for its next model and the trial production will commence in this year end.