Huge potential for electric bike export from India, says Nitin Gadkari

India's electric two-wheeler industry shows significant export potential, particularly in markets where Indian manufacturers already have a presence with their conventional engine vehicles, according to Union Minister Nitin Gadkari.

Speaking at the launch event of Revolt Motors' new electric commuter motorcycle, Gadkari highlighted that 50 per cent of motorcycles produced in India are currently exported, with major players like Bajaj Auto, Hero MotoCorp, and TVS maintaining a strong international presence.

The minister encouraged Revolt Motors to explore opportunities in neighboring countries, as well as in African and Latin American markets. This suggestion aligns with the government's vision to establish India as a global hub for electric vehicle manufacturing and exports.

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Responding to this call, Anjali Rattan, Co-Founder and Chairperson of Rattan India Enterprises revealed that the company has already formulated plans to begin exports to Sri Lanka. Revolt Motors is actively investigating export possibilities in Nepal, Africa, and Latin America, demonstrating the company's commitment to expanding its global footprint.

During the event, Revolt Motors unveiled its latest offering, the RV1 commuter bike. The electric motorcycle is being introduced with two variants, featuring different battery capacities and ranges. The base model, priced at INR 84,990, comes with a 2.2 kWh battery offering a range of 100 km. The higher-end variant, priced at INR 99,990, is equipped with a 3.24 kWh battery, providing an extended range of 160 km. These introductory prices aim to make electric mobility more accessible to Indian consumers.

In a separate interaction, Anjali Rattan shared Revolt Motors' ambitious plans for the future. The company intends to introduce one new product annually over the next five years, signaling a strong commitment to innovation and expanding its product portfolio in the rapidly growing electric two-wheeler market.

Revolt Motors is also focusing on strengthening its sales network across India. The company plans to expand from its current 125 outlets to an impressive 500 outlets within the next 12 to 18 months. This aggressive expansion strategy includes a near-term goal of reaching 250 dealerships by the end of the current fiscal year. This significant increase in retail presence is expected to boost the company's market reach and accessibility for potential customers.