Revolt Motors

Revolt Intellicorp is an Indian electric two-wheeler manufacturer, which was founded in 2017. The group launched their first line of motorcycles in 2019.

Revolt Motors
TypePrivate limited
Industry
  • Motor vehicle manufacturing
  • Motor vehicle distribution
Founded2017 (2017) in New Delhi, India
FounderRahul Sharma
Headquarters
India
Area served
India
Key people
Rahul Sharma
ProductsRV300, RV400
WebsiteRevolt Motors

The Revolt bikes were the first electric motorcycles to find mass appeal in India.[1] The fan base of the company are known as Revolters.

History

The company was founded in 2017 by Rahul Sharma, co-founder of the Indian electronics and mobile phone company Micromax Informatics.

In 2019, the first motorcycles produced by the group were rolled out of the company production facility in Manesar.[2] Revolt's motorcycles were only available on a plan basis, with customers of the company paying in monthly instalments over a three year period.[3]

On the 28th of April 2021, RattanIndia Enterprises announced that they had taken a position in the company, gaining a 43% stake in the company in exchange for an injection of capital.[4]

Following successful trials, in July 2021 Revolt entered into a partnership with Domino's Pizza to switch their Indian delivery fleet of internal combustion engine motorcycles to Revolt's RV300 bikes.[5]

Models

Revolt currently produces two models, the RV300 and the more powerful RV400. Although the standard model of both bikes is silent, the RV400 model features four different variant engine sounds, which can be chosen to the preference of the individual customer.

In July 2021 Revolt announced that they would be phasing out the RV300 model, to be replaced by a new model, the Revolt RV1, with the stated aim being to produce all the components of the bike in India.[6]

Competition

At the end of 2021, Revolt had captured a 4% share of the electric two-wheeler market in India.[7]

While Revolt is so far the only electric motorcycle brand to have gained traction in India, the electric scooter models of Ola Electric and Hero Electric are widely perceived to be the main competitors to the company.[8]

References
  1. "Revolt RV400 sold out within 2 hours: Why this electric bike is so popular". financialexpress.com. 2021-06-18. Retrieved 2021-11-21.
  2. "First Revolt electric bikes rolls off the assembly lines in Manesar". Times Now. 2019-08-07. Retrieved 2021-11-21.
  3. "Micromax co-founder's new startup Revolt to take electric motorcycles to the masses". ET Auto.com. 2019-08-28. Retrieved 2021-11-21.
  4. "RattanIndia to acquire 43% stake in Revolt for Rs 150 crore". Economic Times. 2021-04-28. Retrieved 2021-11-21.
  5. "Domino's to replace petrol motorcycle fleet with Revolt Motors'RV300 e-bike". Livemint. 2021-07-25. Retrieved 2021-11-21.
  6. "Revolt RV1 electric motorcycle to replace RV300, production to begin in early 2022". Firstpost.com. 2021-07-26. Retrieved 2021-11-26.
  7. "Hero Electric with 36% market share is the largest selling EV brand in India (December 2021)". 2021-12-06. Retrieved 2021-12-07.
  8. "10 best electric scooters you can buy in India (November 2021)". 91mobiles. 2021-11-13. Retrieved 2021-11-29.
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