RattanIndia Enterprises Limited announced the successful launch of its electric mobility arm, Revolt Motors’ new RV1 and RV1+ electric motorcycles. These models have garnered over 16,000 bookings within the first week, showcasing the high demand and excitement surrounding India’s first commuter electric motorcycle. The RV1 was officially launched on 17th September 2024 by Hon’ble Nitin Gadkari, Minister of Road Transport & Highways.
The RV1 is available at an introductory price of ₹84,990, while the premium RV1+ is priced at ₹99,990. Both models are expected to revolutionise India’s two-wheeler market by offering eco-friendly commuting options. Revolt Motors aims to provide not just innovative products but also exceptional service to ensure a superior ownership experience for its customers. With this launch, the company is setting a new benchmark in India’s electric two-wheeler segment, positioning itself as a leader in sustainable mobility solutions.
Commenting on this achievement, the Chairperson of RattanIndia Enterprises Limited, Mrs Anjali Rattan, said, “We are deeply humbled by the unprecedented demand for the RV1. This monumental response not only strengthens our resolve but inspires us to continue leading the charge in India’s electric mobility revolution. The RV1 was designed with the everyday Indian commuter in mind, and to witness its acceptance at such a massive scale within a week is both thrilling and rewarding.”
About RattanIndia Enterprises Limited
RattanIndia Enterprises Limited acts as the growth engine of the RattanIndia Group, dedicated to fostering new-age businesses. With a strong emphasis on innovative technologies, RattanIndia Enterprises is involved in multiple industries, including Electric Mobility through Revolt Motors, E-commerce via Cocoblu Retail, Fashion with Neo Brands, Fintech through WeFin, and Drones under Neosky.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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