Revolt, the indigenous mobility company’s AI-enabled motorbike The Revolt RV400 has been at the forefront of its launch not only because of its design but also because of its extensive battery warranty. The RV400 was launched with an extensive battery warranty for eight years, however, the company is now also changing the warranty period and the price of electric bikes.
According to the latest update, the battery warranty for the Revolt RV400 has been reduced to six years, meaning that the company has cut two years or about 50,000 kilometers from what it had previously offered. Surprisingly, the price of Revolt electric bike has also increased up to Rs 18,000.
The bike’s ex-showroom price was listed at Rs 1,07,000 a few months ago, but has dropped below Rs 1,00,000 due to revision of ‘State-Specific Subsidies’ and FAME-II subsidies in certain places. But with the price, the bike now costs Rs 1,25,000 in all regions, except Mumbai where you have to pay an extra Rs 1,000. If we can calculate, the cost has now increased to Rs.
According to the report, the price hike will also affect customers who booked the bike before the price hike was announced and have not yet taken delivery. Citing the reason, Revolt Motors informed the customers that it was due to ‘sudden and significant increase in the price of raw materials’. Further, the company says that it will not be able to supply the motorbike at ‘existing prices at the time of booking’.
While Rivalt has revealed the reason for the price increase, it has not given any explanation for reducing the battery warranty on the RV400. But despite the downside, the RV400 still sits at the top of the charts if we compare it to the rival Ather Energy or Ola Electric’s only three-year warranty.
To recall, the Revolt RV400 electric bike was launched in 2019 in just six cities. The company expanded its availability to 60 cities in October this year. The company has also announced sales of electric bikes for online resume at Revolt outlets. Although Ola Electric recently brought its e-bike to market, it plans to launch an entry-level electric motorcycle called the RV1 next year to compete with its rival Rivalt.
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