 "Nitin Gadkari unveils Revolt Motors’ electric bike, targeting global markets as India ramps up two-wheeler exports.")
Union Minister Nitin Gadkari highlighted the significant potential for Indian electric two-wheeler exports, particularly to regions where traditional motorcycles are already in demand. At the launch of Revolt Motors’ new electric commuter motorcycle, he noted that half of India’s motorcycle production is exported, with established companies like Bajaj Auto and Hero MotoCorp leading the way. Gadkari encouraged Revolt Motors to target markets in neighboring countries, Africa, and Latin America. Anjali Rattan, Co-Founder of Revolt Motors, announced plans to export to Sri Lanka and explore opportunities in other markets. The company also unveiled its RV1 bike, priced between Rs 84,990 and Rs 99,990, and aims to increase its dealership network significantly over the coming months.
Union Minister Nitin Gadkari highlighted the promising future for India’s electric two-wheeler exports during the launch of Revolt Motors’ new commuter motorcycle. Speaking on September 17, 2024, Gadkari noted that 50% of motorcycles made in India are exported, with established brands like Bajaj Auto, Hero MotoCorp, and TVS already making significant impacts in global markets.
He encouraged Revolt Motors to tap into opportunities in nearby countries as well as in Africa and Latin America. Anjali Rattan, Co-Founder and Chairperson of Rattan India Enterprises, which owns Revolt Motors, mentioned plans to start exporting to Sri Lanka and expand to Nepal and other regions in the near future.
Revolt Motors unveiled its RV1 commuter bike with two variants priced between Rs 84,990 and Rs 99,990, featuring battery options that provide a range of up to 160 kilometers. The company is also set to enhance its sales network, planning to increase from 125 to 500 outlets over the next year and a half.
As electric vehicles gain traction, the focus on international markets could see India becoming a key player in the global electric two-wheeler industry.
Tags: Nitin Gadkari, Electric Two-Wheelers, Revolt Motors, Motorcycle Exports, Electric Vehicles, India Motorsports, International Markets
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What did Gadkari say about exporting electric two-wheelers from India?
Gadkari mentioned that there is a lot of potential for India to export electric two-wheelers to other countries. -
Why are electric two-wheelers important for India?
Electric two-wheelers are important because they can help reduce pollution and dependence on fossil fuels, making transportation more eco-friendly. -
How can exporting electric two-wheelers benefit India?
Exporting electric two-wheelers can create jobs, boost the economy, and enhance India’s reputation in the global Market. -
Are Indian electric two-wheelers competitive in quality and price?
Yes, many Indian electric two-wheelers offer good quality and are priced competitively, making them attractive to international buyers. - What steps is the government taking to support this export potential?
The government is working on policies and incentives to help manufacturers develop and promote electric two-wheelers for export.
