RattanIndia backed Revolt Motors announces the 2nd retail outlet for electric bikes in Andhra Pradesh

RattanIndia backed Revolt Motors, India's next gen-mobility is expanding its retail presence in Southern India with the opening of their new store in Vijayawada, Andhra Pradesh. Last month the company opened its first outlet in Vizag and this is the 2nd store in the state and 20th retail outlet across the country.

The Andhra Pradesh government has also introduced policies to encourage faster adoption and manufacturing of EVs. The state government offers various subsidies for customers like 100% road tax exemption for newly-purchased EVs. Andhra Pradesh's EV policy supports every aspect of electric mobility and is focused on accelerating the adoption of EVs.

The RV400 comes with a 3KW (Mid Drive) motor, powered by a 72V, 3.24KWh Lithium-lon 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 at, and be onthe-move in less than 60 seconds.

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

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 55.60 as compared to the previous close of Rs. 50.55. The total number of shares traded during the day was 1311120 in over 5818 trades.

The stock hit an intraday high of Rs. 55.60 and intraday low of 50.55. The net turnover during the day was Rs. 69291229.00.

Source : Equity Bulls

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RattanIndiaEnterprises INE834M01019 RTNINDIA RevoltMotors Vijayawada AndhraPradesh Dealership