Revolt Motors sold bike worth Rs 50 crore in two hours. After opening the booking at 12 noon, the window was closed till 2 pm. The company said that it has increased the production of the bike and it will reach the customers soon. The company says that by September 2021, the delivery of RV400 will start from September 2021.
In fact, after the implementation of the FAME II subsidy applicable for electric vehicles, Revolt on Thursday made a huge cut in the price of RV400 electric bike by 28 thousand rupees. This electric bike is very much liked. The RV400 has been launched at a time when electric bikes are almost non-existent. At present, there is no e-bike of any well-known brand in the market. Revolt Motors has made bike buying and pricing policy very easy. For its booking, only Aadhar card and a small EMI amount have to be paid. There is no down payment and reservation fee for this.
