Revolt Motors is releasing their third motorbike to the showroom – and it’ll be a tad extra budget-friendly than its two siblings.
The India-based firm made headlines again in 2019 once they launched two electrical bikes – the RV300 and the RV400 – and succeeded in promoting greater than Rs 50 million ($67,1303.10 USD) value of the fashions inside a span of two hours.
With 2020 restrictions got here a number of delays within the bikes’ worldwide provide chains, harming the general gross sales charges of the RV300 significantly.
Now, they’re trying to discover comparable successes with the extra inexpensive Revolt RV1, which can substitute the less-popular RV300 in each effectivity and energy.
The Revolt RV1 can even be the primary bike to have all elements produced in India, chopping down on the manufacturing prices. Here’s a assertion from the corporate, pulled from DriveSpark:
“By December this yr, our product will turn out to be utterly make-in-India. We’ve been importing elements from China, however we at the moment are specializing in each single provide from India. The manufacturing of the brand new bike will begin from January.”
A report from Electrek estimates that the value of the RV1 shall be round ₹75,000 INR, or $1,008 USD – an incredible worth and one which was made attainable by authorities incentives within the type of the ‘FAME II program.’
What’s in retailer for the remainder of the stock of the RV300?
The Dominos fast-food chain has laid a declare on the rest of the fashions. It’ll apparently be buying the rest of the RV300 stock, repurposing them into firm machines, and discarding their present gas-powered automobiles in favor of electric-run bikes.
Manufacturing of the Revolt RV1 will begin January 2022, so keep tuned for the complete spec updates.