Ola Electric is not only breaking shares. The company is facing problems simultaneously on many fronts. Ola Electric, facing negative sentiments due to poor service, has recently launched many new products. This includes new electric scooters to electric bikes. In such a situation, Rivolt Motors, the old company of the electric bike segment, has made complete preparations to compete.
Ola has recently launched its electric bike. Apart from this, a new range of its S1 scooter has also been introduced. Meanwhile, Revolt has also made complete preparations. By the way, one of the reasons for launching new products of Ola is also to maintain itself a relative among the growing competition in the electric 2-wheeler segment.
Ratan India Enterprises company Revolt Motors is one of the pioneer companies of the electric bike segment. Now the company has decided to increase its electric bike portfolio. Recently, the company has launched the new product RV Blazex. Its ex-showroom price is 1.14 lakh rupees.
The company says that it will now spend more on its R&D. Also, by working on new technology, it will increase its production and portfolio. The company is also trying to integrate AI technology in products.
According to PTI news, Revolt Motors is focusing on launching at least two new products within a year. One of his existing portfolio in this
If there will be an upgraded version, the second will be a very new product. The company has so far sold 45,000 electric cars in the country. This year it aims to sell 14,000 units.
Not only this, Revolt Motors has also targeted to increase its cell network to increase its reach in the market. She is focusing on their number to 500 outlets this year. Currently, the company has more than 200 outlets. Not only this, the company's planning is also to bring IPO, but before that it wants to touch the figure of the monthly 5000 units of sale.
