Obnews Automobile Desk: Electric two-wheeler segment is growing rapidly in India, but in the meantime Ola Electric is facing many challenges. The company is facing many problems due to poor service and negative sentiments. However, Ola Electric has recently launched new electric bikes and scooters to maintain itself in the market.

But now Revolt Motors has also made full preparations to give a tough competition to Ola Electric and has come out in the market with a new electric bike.

Revolt Motors launched new electric bike

Revolt Motors, a company of Ratan India Enterprises, is considered one of the leading companies in the electric bike segment in India. Now the company has decided to expand its electric bike portfolio. Recently, Revolt Motors has launched the new electric bike RV Blazex, which has been kept at an ex-showroom price of Rs 1.14 lakh.

Ola Electric also launched new products

Ola Electric has also launched a new electric bike with a new range of its S1 scooter. The company has taken this step to maintain its market share in the midst of moving competition.

Revolt's focus on AI technology

Revolt Motors says that it will invest more in R&D (R&D) and focus on developing new technology. Along with increasing its production capacity, the company is also working on a plan to integrate AI technology into its products.

According to PTI report, Revolt Motors is planning to launch at least two new products in the next one year. One of these will be an upgraded version of the existing bike, while the other will be a completely new product.

Sale and dealership network will be expanded

Revolt Motors is now expanding its sales network to increase its market access. The company aims to bring its outlets to 500 by the end of 2024.

Currently, more than 200 outlets of the company are present in India. Not only this, the company is also planning to bring IPO, but before that it wants to meet the target of 5000 units every month.

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Revolt's current sales and future plan

Revolt Motors has so far sold more than 45,000 electric bikes in India. The company aims to sell 14,000 units this year.

Given the increasing competition in the electric two-wheeler segment, Revolt Motors have started working towards increasing their technical capacity and giving better service.

Ola try

While Ola Electric is trying to remain in the market through new products, Revolt Motors AI is focusing on technology and new innovation. With the launch of RV Blazex, Revolt Motors has made it clear that it is fully prepared to maintain its strong position in the electric two-wheeler market.