Revolt Motors Ignites E-Bike Revolution with Affordable RV1 Launch at Rs 84,990 | Breaking News

Haryana-based Revolt Motors has unveiled its first commuter segment electric motorcycle, the RV1, priced at an introductory Rs 84,990. This launch follows Ola Electric’s introduction of the Roadster series e-bike last month, which starts at Rs 74,999. Both companies have significantly reduced the previous lowest price in the category, which was Rs 1,10,000.

Revolt Motors also launched a premium variant, the RV1+, priced at Rs 99,990. The RV1 offers two battery options: a 2.2 kWh battery with a range of up to 100 km and a 3.24 kWh battery extending the range to 160 km. This release marks the fourth product in Revolt’s lineup, following the RV400 and RV400 BRZ models.

“We are committed to bringing technology-driven bikes of the best quality. From this year, we will launch a product every year,” said Anjali Rattan, Chairperson of RattanIndia Enterprises Limited.

Approximately 200 players are competing in the electric two-wheeler market, with around 40 in the electric motorbike segment. Revolt Motors leads the e-motorbike segment, having sold 4,893 units as of August 15, according to Vahan data. The company plans to begin deliveries of the RV1 series on September 23, targeting sales of 15,000 units by Diwali.

Revolt Motors plans to focus on affordable and mid-price bikes, avoiding the premium segment. The company has a production capacity of 13,500 units per month and may expand into electric scooters if there is sufficient demand. Currently, Revolt sources its batteries from China’s Contemporary Amperex Technology Co, Limited (CATL).

Owned by RattanIndia Enterprises Limited, Revolt Motors aims to maintain its focus on quality and technology to avoid issues such as recent fires reported in the market.

Original Story https://www.business-standard.com/companies/news/revolt-motors-launches-rv1-at-rs-84-990-heats-up-e-bike-competition-124091701302_1.html
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