RTNINDIANSERattanIndia Enterprises LimitedMinimalNeutral
Announced Thu, 14 May · 08:04 IST

RattanIndia Enterprises Limited has informed the Exchange regarding a press release dated May 14, 2026, titled "PM Modi s Vision, Already on Road: Revolt Riders Cross 72 Crore Electric Kilometres".

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AI summary

RattanIndia Enterprises' subsidiary Revolt Motors, India's leading electric motorcycle brand, announced that its riders have collectively covered over 72 crore (720 million) electric kilometres. The milestone represents avoidance of approximately 93 lakh litres of petrol consumption and cumulative rider savings of over ₹89.28 crore since inception. The company has grown a community of 57,654+ riders and operates across 200+ cities through its dealership network. Revolt Motors, founded in 2017, positions itself as India's first AI-enabled motorcycle brand and aligns this achievement with Prime Minister Modi's recent call for reduced fuel dependence and EV adoption.

Likely market impact

This milestone demonstrates strong customer adoption of Revolt's electric motorcycles and supports the company's narrative as a leader in India's EV transformation. For shareholders, it reinforces the growth potential of REL's electric mobility segment, which is part of a ₹7,000 crore market cap conglomerate.