Union Minister Nitin Gadkari Believes That Export of Electric Bikes From India Has Lot of Scope

Union Minister Nitin Gadkari while speaking at the launch of Revolt Motors' electric commuter motorcycle said that exports of electric two-wheelers from India have a lot of potential, especially to markets where Indian manufacturers are already selling conventional engine counterparts. Fifty percent of motorcycles produced in India are exported and major players like Bajaj Auto, Hero MotoCorp, and TVS have a large presence in the international markets.

Gadkari asked Revolt Motors to explore markets in the neighbouring countries as well as Africa and Latin America. Anjali Rattan, co-founder and chairperson of Rattan India Enterprises — the promoter firm of Revolt Motors — said the company has designed plans for exports to Sri Lanka to start with. The company is exploring export opportunities in Nepal, Africa, and Latin America as well.

Revolt Motors on Tuesday launched its commuter bike RV1 with introductory prices of Rs 84,990 and Rs 99,990 for two variants with battery options of 2.2 kwh battery with 100 km range and 3.24 kwh with 160 km range, respectively. Revolt Motors is planning to expand the sales network to 500 outlets in the next 12-18 months from 125 at present.