RattanIndia backed Revolt opens EV dealership in Surat

RattanIndia backed Revolt, India's market leader in electric motorcycles has announced the opening of its dealership in Surat. The dealership is company's fourteenth experience centre and second in Gujarat. With this dealership in Surat, the company's dealerships are now present in nine cities across seven states in the country. This will cater to customers for sales, services and spare in the region. Mr. Jenender Anand, CEO of Revolt Motors inaugurated the dealership Store. With this new dealership in Surat, Revolt is looking to accelerate the sales in Gujarat, given that the state government is implementing its EV Policy which offers additional subsidy of up to Rs 20,000 which makes the RV 400 motorcycle more affordable and will accelerate EV adoption in the state.

Revolt has been witnessing a robust demand for its electric bikes in the festive season 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 fullyadjustable monoshock at the rear to give an unparalleled riding experience.

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 45.20 as compared to the previous close of Rs. 45.45. The total number of shares traded during the day was 831191 in over 3203 trades.

The stock hit an intraday high of Rs. 46.60 and intraday low of 43.80. The net turnover during the day was Rs. 37607260.00.

Source : Equity Bulls

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RattanIndiaEnterprisesLimited INE834M01019 RTNINDIA Revolt Dealership Surat