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Rattan Infra

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***** BANG ON ***** ☰ Dominos to replace petrol two-wheeler fleet with Revolt Motor EV bikes Revolt Motor will be launching a new, cheaper EV motorcycle  By PTIJuly 25, 2021 21:34 IST Collage: Dominos Pizza, Revolt Motor RV400 | File Dominos Pizza has joined hands with RattanIndia-backed EV maker Revolt Motors to convert its current petrol bike fleet into e-bikes. As part of the partnership, Dominos will procure the entire existing inventory of Revolts RV300 bike model and will progressively acquire its customised Revolt model to transform its fleet, the company said in a statement on Sunday. Dominos piloted Revolt bikes for its deliveries for quite some time now, and with a successful pilot, it has now partnered with Revolt for its green push, it added. RattanIndia Enterprises Business Chairman Anjali Rattan said, "Revolt is happy to join hands with Dominos in this partnership which not only makes sense environmentally, but also offers great cost savings for the company." These bikes will be specially customised for Jubilant Foodworks, which operates fastfood chains Dominos Pizza, to suit its business needs and at the same time enable a zero-emission delivery experience, Revolt Motors said. Jubilant operates one of the largest delivery fleet in the country and this partnership shows it is also willing to harbinger a change towards cleaner, pollution free delivery alternatives, it said. Revolt Motor to phase out RV300, launch new, cheaper model Revolt Motor will launch a new model, RV1, with lower pricing, which is expected to go into production from early next year, Anjali Rattan, promoter of Rattan India Enterprises Ltd (REL) has said. The Gurugram-based Revolt Motors currently has two bike models, the flagship RV400 and RV300 in its product portfolio. Formerly known as RattanIndia Infra, the company in early April announced it was exiting from the traditional infra business to focus on new growth businesses. In late April, it announced acquiring a 43 per cent stake in Revolt Motor for Rs 150 crore.  "We will be phasing out RV 300 model eventually. In its place, we will be introducing a new model, RV1, at a lower price, which would be a new model altogether, Rattan told PTI. She said the production of the new model will commence from early next year and it will be 100 per cent indigenised e-bike, she said. "By December this year our product will become completely make-in-India. We have been importing parts from China but we are now focusing on every single supply from India. The manufacturing of the new bike will start from January, she said. Revolt Motors has its manufacturing plant in Manesar (Haryana). 

7.40 AM Jul 26th
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