Rattanindia Enterprises shares spiked 8 per cent after arm Revolt Motors expanded its its Sri Lanka portfolio with the launch of RV1 and RV1+
RattanIndia Enterprises' EV arm Revolt Motors on Tuesday said it plans to double its sales network to 400 dealerships in the country by end of this fiscal. The company said it has expanded its dealership to 200 locations multiplying the network by ten times over the last two years. "By the end of FY26, the company aims to reach 400 dealerships, further strengthening its national footprint," RattanIndia Enterprises said in a regulatory filing. Currently operational in 23 states and Union Territories, Revolt continues to expand its reach in Maharashtra, Karnataka, Tamil Nadu, Uttar Pradesh, Rajasthan, Madhya Pradesh, Kerala, Gujarat, Odisha and Andhra Pradesh, the company said. It also plans to expand operations in Chhattisgarh, Delhi, West Bengal, Punjab, Bihar, Haryana, Jharkhand, Goa, Uttarakhand, Puducherry, Assam, Chandigarh, and Telangana, it added. "Revolt Motors is committed to making electric mobility mainstream. Our rapid expansion from 100 to 200 dealerships in just one y
After unveiling the new model, Anjali Rattan told reporters: "The sales this financial year will be about 13,000-14,000 units. We expect the sales in the next financial year to be about 40,000 units"
Both companies have undercut the previous lowest price in the category, which stood at Rs 1,10,000
According to the company, the deal 'symbolises the essential role businesses play in reducing carbon emissions and embracing environmentally responsible transportation options'
The limited edition RV400 is available in stealth black colour and comes with high-end golden upside-down front forks
The new launches will be from the two significant companies already selling e-motorcycles -- Revolt Motor, the largest in this segment, and Tork Motor - as well as from others
RattanIndia Enterprises Ltd on Saturday said it has completed the acquisition of Revolt Motors which is into manufacturing of electric vehicles. Now Revolt Motors has become a 100 per cent subsidiary of RattanIndia Enterprises Ltd, the company said in a statement. "RattanIndia Enterprises Limited has completed acquisition of 100 per cent shareholding in the electric motorcycles market leader Revolt Motors," the statement said. Revolt Motors is the highest selling electric bike in the country with its manufacturing facility in Manesar, Haryana. The EV maker has expanded its footprint pan-India with 30 dealerships spread across the country. Its flagship model RV400 has been witnessing a robust demand and is by far the most technologically advanced bike in the world, and RattanIndia Enterprises seeks to significantly scale up Revolt's growth and make it the largest EV two wheeler company in the country, RattanIndia Enterprises said. Anjali Rattan, Business Chairperson, RattanIndia ..
RattanIndia Enterprises said it was buying the stake it did not already own in electric motorcycle maker Revolt Motors, at a time when eco-conscious consumers are turning to alternative vehicles
The company, which will re-open bookings of its electric motorcycle RV400 across 70 cities from tomorrow, currently has been able to achieve localisation of around 70 per cent
Company has delivered its electric motorcycles in July to customers,including a quick service food firm for its delivery fleet, across six cities where it is operational, Revolt Motors said in release
The decision by the Ministry of Road Transport and Highways to waive off registration charges for EVs will make these vehicles affordable for the customers, the RattanIndia-backed company said.
Domino's piloted Revolt bikes for its deliveries for quite some time now
Revolt Motors on Thursday witnessed another round of massive electrifying sales with its e-bikes sold out within minutes of opening online sales, RattanIndia-backed EV maker said on Thursday. The company had earlier re-opened sales on June 18 but was forced to put brakes on the process within two hours of the resumption due to heavy rush. This time, the bookings were closed out within minutes of launching sales on the Revolt website, the company said in a statement. Revolt Motors claimed that these sales came against the backdrop of petrol prices reaching over Rs 100 in several cities. It added that with running cost of Revolt electric bikes being Rs 9 per 100 km compared to petrol bikes which cost Rs 250 per 100 km, the cost saving for its RV400 bikes is hard to miss. Besides RV 400 model, the Gurugram-based electric vehicles maker also manufactures and sells RV 300 model of motorcycle. According to Revolt Motors, with falling battery prices, EV bikes prices are already comparabl
The RV400 comes with a host of introductory benefits such as unlimited battery warranty, free maintenance benefits, product warranty and insurance