RattanIndia backed Revolt set to expand network in five new cities in November

RattanIndia backed Revolt, India's market leader in electric motorcycles is all set to expand its pan India footprint with opening up of dealerships in five new cities i.e. Kolkata, Coimbatore, Madurai, Vizag and Vijayawada. With opening of experience centres in these five new cities, Revolt will have 19 dealerships in 14 major cities spread across 9 states in the country. These experience centres cater to customers for sales and after sales services and spare. Revolt had opened up dealerships in 3 cities in the month of October ahead of the festive season.

After receiving an overwhelming response for EVs, Revolt has been witnessing a robust demand for its electric bikes particularly with rising petrol prices. Revolt electric bikes provides great savings for its customers with running cost as low as Rs. 9 per 100 kms.

Revolts flagship model, the RV400 comes with a 3KW (Mid Drive) motor, powered by a 72V, 3.24KWh Lithium-Ion battery that can churn out a top speed of 85km/h. The bike can be operated through the MyRevolt App, which offers connectivity features such as bike locator/Geo fencing, customised sounds that you can change with just a tap on the screen, complete bike diagnostics, battery status, historical data on your rides and KMs done, and also the option of locating the nearest Revolt Switch Station to swap your Revolt's battery.

The bike features three riding modes - Eco, Normal and Sport - each suiting to the riding style and needs of the driver. RV400 comes with Upside Down (USD) forks up-front and a fully adjustable monoshock at the rear to give an unparalleled riding experience.

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 41.25 as compared to the previous close of Rs. 40.20. The total number of shares traded during the day was 117006 in over 725 trades.

The stock hit an intraday high of Rs. 41.40 and intraday low of 40.05. The net turnover during the day was Rs. 4780541.00.

Source : Equity Bulls

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