Revolt Motors, India's No.1 electric motorcycle company, has announced its entry into the Sri Lankan market. In partnership with Evolution Auto Pvt Ltd, a leading player in Sri Lanka's automotive industry, Revolt Motors is set to revolutionize the country's mobility landscape by offering advanced and performance-driven electric motorcycles designed to cater to diverse rider needs.
Following an overwhelmingly positive response at the Colombo EV Expo, Revolt Motors has received a warm welcome from Sri Lanka's growing community of electric vehicle enthusiasts. The partnership with Evolution Auto Pvt Ltd marks the beginning of Revolt's expansion across Sri Lanka, starting with Colombo. Over time, Revolt Motors plans to extend its presence to key regions across the country, offering Sri Lankans access to sustainable mobility solutions.
Known for its AI-enabled technology, Revolt's motorcycles provide a smart and connected riding experience. Riders can customize sound profiles, choose riding modes, and monitor performance through the Revolt App. The company is introducing all its models in Sri Lanka, ensuring options for thrill-seekers looking for a sporty ride as well as daily commuters seeking reliability and eco-friendly transportation. These electric motorcycles blend speed, comfort, and technology. Available in vibrant colours, they bring an individualized touch to each ride while leading the zero-emission movement.
As part of its ambitious long-term strategy, Revolt Motors plans to establish a robust network of dealerships across Sri Lanka. By 2029, the company aims to open 90 dealerships nationwide, ensuring easy access to its electric motorcycles and top-tier after-sales service for all customers. The first phase of this expansion will see the opening of 15 dealerships within the next four months, reflecting the rising demand for electric mobility solutions. The Sri Lankan customers will receive the same high standards of quality and service that have made Revolt Motors a trusted name in India. The company's commitment to customer satisfaction is reflected in its integrated 3S service model, ensuring that all necessary support is provided under one roof.
Speaking on the announcement, Ms. Anjali Rattan, Chairperson of RattanIndia Enterprises Limited, the parent company of Revolt Motors, stated, "Our entry into Sri Lanka is not just a business move; it is a commitment to driving the global transition to sustainable mobility. We are confident that the people of Sri Lanka will embrace the freedom, innovation, and environmental consciousness that Revolt Motors stands for. This is just the beginning of our journey in making clean and efficient transportation accessible to everyone."
"We are absolutely thrilled to announce our partnership with Revolt Motors to bring their revolutionary electric motorcycles to Sri Lanka," said Zahran Ziyawudeen, CEO of Evolution Auto Pvt Ltd. "This collaboration is a key step toward a sustainable future, reducing carbon emissions and promoting cleaner transportation in Sri Lanka. Revolt Motors' innovative electric bikes meet the rising demand for eco-friendly options, offering advanced technology and strong performance for local roads."
With a firm focus on innovation, sustainability, and customer satisfaction, Revolt Motors is set to leave a lasting impact on Sri Lanka's automotive landscape, bringing in a new era of electric mobility.
Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 80.01 as compared to the previous close of Rs. 79.52. The total number of shares traded during the day was 310108 in over 1612 trades.
The stock hit an intraday high of Rs. 81.81 and intraday low of 79.69. The net turnover during the day was Rs. 25081334.00. |
