RattanIndia Enterprises Limited has informed the Exchange regarding a press release dated April 15, 2025, titled "Revolt Motors Begins Operations in Nepal with First Dealership in Kathmandu".
RTNINDIA · price
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Awaiting price reaction for this filing.
RattanIndia Enterprises' electric two-wheeler brand Revolt Motors has officially entered the Nepal market with its first dealership (Revolt Hub) inaugurated in Kathmandu on April 13, 2025. The launch was done in partnership with MV Dugar Group, a well-established Nepali automobile player with over five decades of experience. Revolt plans to rapidly expand to 12 additional showrooms across key Nepali cities including Pokhara, Biratnagar, Nepalgunj, Butwal, and Dhangadhi in the coming months. The full product portfolio — including RV400, RV400 BRZ, RV1+, RV1 commuter, and the new RV BlazeX — is now available in Nepal with features like removable IP67 batteries, regenerative braking, and app-enabled smart connectivity. This marks Revolt Motors' first international expansion beyond India, signaling its global ambitions in the EV two-wheeler space.
Positive for long-term growth narrative as Revolt begins its international expansion, but Nepal is a small market and immediate revenue impact is likely limited. May boost investor sentiment around the EV mobility vertical of the company.