Electric Vehicles

Revolt Motors Sold Bikes worth INR 50 crore in less than 2 hours, Bookings Closed

Written by Nayak

We recently mentioned that Revolt would reopen its bookings for their flagship product RV400 on 18th June 2021. And, the company has had an electrifying response to the reopening of the bookings. Revolt mentioned that they had to shut down their bookings within just 2 hours, which went live via flash sale on the company’s official website. In just 120 minutes, the company sold INR 50 crore worth of RV400, which is quite extraordinary. This further asserts the fact that the demand for electric vehicles is at an all-time high. This also shows that Revolt is India’s one of the most loved e-mobility companies. The company said that the deliveries of the vehicles booked on 18th June would start from September 2021.

RV400 Is A Massive Success For Revolt Motors

The company is operational in just six cities, i.e., Delhi, Mumbai, Pune, Chennai, Hyderabad, and Ahmedabad, with plans to expand its distributor network across 35 cities soon. Revolt Motors also confirmed that they would reopen the bookings for the RV400 very soon. And as of now, the customers who missed their bookings can now register themselves under the ‘Notify Me’ alert on the company’s website. This will ensure that the Revolt will send a notification as soon as the bookings are open again.

Electric Vehicles Get More Lucrative After Amendment In Fame II Subsidy

Recently, the Central Government made some revisions to the Fame II Subsidy, which makes owning an electric vehicle much cheaper. Earlier, the subsidy rate was fixed at INR 10,000 per kWh, is now increased by 50 per cent, i.e. now it is INR 15,000 per kWh. This change will surely attract more customers to opt for clean and green electric vehicles over their pollution-causing fossil fuel counterparts. The need of the hour is to push to improve the e-mobility infrastructure in the country. This will help control the carbon footprint, which is a rising concern, especially in metropolitan cities. After revising the Fame II subsidy, Revolt RV400 retails at INR 90,700, down by about INR 28,000.

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