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Revolt Launches Monthly Payment Plans For Electric Vehicle

Pritish raj by Pritish raj
August 30, 2019
in Industries, Startup, Tech
3 min read
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Revolt Electric Bikes- Next Big Brand

Revolt Electric Vehicle- Next Big Brand-Source-Manoramaonline

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  • The company said that this motorcycle is a service under which it offers ownership of the bike with no lease and no rental plan.
  • Micromax’s co-founder Rahul Sharma moved close towards the goal for creating an electric vehicle which is available for masses by launching two electric Vehicle model, RV300 and RV400 with amazing purchase plans.

Revolt Intellicorp founded by Micromax’s co-founder Rahul Sharma moved close towards the goal for creating an electric vehicle which is available for masses by launching two electric Vehicle model, RV300 and RV400 with amazing purchase plans.

The company said that this motorcycle is a service under which it offers ownership of the bike with no lease and no rental plan. Under this plan named My Revolt Plan, the users can own the RV300 at Rs. 2,999 per month and RV400 at Rs. 3,499 per month or Rs. 3,999 per month, depending on the plan.

This plan also comes with an unlimited battery warranty of 8 years or up to 1.5 L km. With RV400 you also get free maintenance benefits (3 years, 30,000 km), insurance (1 year company-owned, 5 years third-party) and the product warranty (5 years, 75,000 km)

RV400 is loaded with amazing features such as 3.24 kWh Lithium-Ion battery which is capable of generating 72V of power, a top speed of 85 km/hour, 150 km in a single charge and charging time of 4.5 hours.

Revolt Electric Bike- Next big Brand
RV400 has ground clearance of 215 mm.
Source- Zigwheels.com

Apart from this, it has 4G connectivity, instrument cluster, and an LED headlamp. It is also offering a connected helmet in partnership with Google which allows you to start the bike with a voice command- “Revolt Smart”.

“The RV400 and RV300 reflect our passion and commitment to bring sustainable, affordable mobility to every Indian home and My Revolt Plan is a testimony to this promise of making EVs accessible to the masses. We are starting with Delhi and Pune; and will eventually move to the rest of the country as we believe that our product has the credentials to transform the way two-wheelers are looked at.”, said Rahul Sharma.

The customer who ordered RV400 during the launch will start receiving the bike in September 2019 for the first batch. The company has set up different revolt hubs in Delhi which are located at Dwarka, Safdarjung Enclave, Preet Vihar and Gujranwala Town.

The RV400 model will be launched in Pune next month followed by Bengaluru, Hyderabad, Nagpur, Ahmedabad, and Chennai in the next 4 months.

Rahul Sharma announced the launch of Revolt Intellicorp with a personal investment of about Rs. 400-500 crore in April 2019. The company is based in Gurugram and has a manufacturing facility in Manesar, Haryana with around 120k production capacity for Phase 1.

Sharma at the time of launch said that the company is focusing on double-digit market share in the automobile industry not only electric vehicles segment. He also said Revolt is ready with a line of products to rule the electric vehicle segment.

Given the data, India is 2nd largest motorcycle market in the world with sales largely dominated by basic commuters. More than 20 million two-wheelers were sold in 2017-18 making it the most popular vehicle category sold in India. Sharma is expecting the electric market to change in the next three years.

Finance Minister Nirmala Sitharaman also announced during the budget 2019 that Government is aiming to make India a global hub of electric vehicle manufacturing.

With Micromax’s value crashing by 93 percent, this comes as great news for Rahul Sharma and we hope for a revolution in the electric vehicle segment.

Tags: Micromax Co-founderRahul SharmaRahul Sharma MicromaxRevolt Electric Bikes
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Pritish raj

Pritish raj

Pritish Raj is a content writer at Next Big Brand. Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. Highly enthusiastic about brands and startups, he aims to be a travel content creator.

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