Revolt Motors is releasing their third bike 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 after 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 seeking to discover related successes with the extra inexpensive Revolt RV1, which can exchange the less-popular RV300 in each effectivity and energy.
The Revolt RV1 may also 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 fully make-in-India. Now we have been importing elements from China, however we are actually 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 worth of the RV1 might be round ₹75,000 INR, or $1,008 USD – an incredible value 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.