Micromax co-founder Rahul Sharma’s Revolt Motors on Wednesday officially launched RV 400 electric motorcycle with an interesting buying scheme which the company has described as “no rental, no lease plan that offers customers full ownership from Day 1 and requires no down payment”.
The motorcycle can be bought at a monthly payment of Rs 3,499 per month for three years, which adds up to Rs 1,25,964.
The top-end model, which has featured such as artificial exhaust note and start-stop function, costs Rs 3,999 per month for three years or Rs 1,43,964.
Revolt has also introduced a second motorcycle RV 300. This costs Rs 2,999 per month for three years or Rs 1,07,964.
The RV 300 has a smaller 1.5kW hub-mounted motor. It is shorter at 1350mm. It has a narrow rear tyre and smaller rear disc brake. It is also 7kg lighter at 101kg. It, however, has a longer range of 180km. The top speed is lower at 65kmph.
The battery comes with a warranty of up to eight years or 1.5 lakh km. Revolt is also giving 3 years or up to 30,000km free maintenance. It comes with free insurance and five years or 75,000 km warranty on the whole product.
The RV 400, on the other hand, has a 3kW frame-mounted motor. It comes with a 3.24kW lithium battery and has an ARAI approved range of 156 km. The battery can be removed for charging.
The bike has a mobile app that can be used to track the vehicle, start the motor and shows real-time range, geofencing and other AI features.
RV 400 will be manufactured in Maneswar, Haryana, at a 1 lakh sqft factory with production capacity of 1.2 lakh units per year. The motor and batteries are currently imported while the Battery Management System (BMS) and the Electronic Control Unit (ECU) are designed in-house.
Revolt will be giving a connected helmet in partnership with Google.
Deliveries will start in September 2019 in Delhi followed by next Pune. Revolt will launch the motorcycle in Bengaluru, Hyderabad, Nagpur, Ahmedabad and Chennai in the next four months.
