Revolt Motors Revving Up: New Electric Bikes and Sales Expansion

Revolt Motors, the EV arm of Rattan India Enterprises, plans to introduce new electric bikes and expand its sales network to cater to diverse customer segments in India. Chairperson Anjali Rattan announced strategic plans including R&D enhancements and technology adoption, aiming for an IPO following a pre-IPO round.

Revolt Motors, a subsidiary of Rattan India Enterprises, is gearing up to launch new electric bikes and broaden its sales network, targeting multiple customer segments across India. Chairperson Anjali Rattan stated on Tuesday that the company aims to expand its R&D capabilities and leverage emerging technologies like AI to accelerate growth.

The firm plans to introduce at least two new models annually, potentially one upgraded and one entirely new model. After selling 45,000 electric bikes in the past six years, Revolt Motors now eyes enhanced sales, projecting to sell 13,000-14,000 units this fiscal and reaching 40,000 units next year.

The electric bike manufacturer, with 200 sales outlets nationwide, intends to boost this to 500. Revolt Motors will maintain its focus on a technology-driven product range, opening an R&D centre in South India to attract top talent. The company plans an IPO, with a pre-IPO round beforehand, aiming for a sales volume of 5,000 units monthly to support the move.

(With inputs from agencies.)