- Revolt Motors
- RattanIndia Enterprises
- Anjali Rattan
- Revolt RV1
- Revolt RV1+
- Revolt RV400
- Revolt RV400 BRZ
Revolt Motors Launches RV1 Commuter Electric Motorcycle & RV1+ At Prices Starting INR 84,990
- by MT Bureau
- September 18, 2024

RattanIndia Enterprises-owned Revolt Motors, an electric motorcycle company, has launched its newest offerings the Revolt RV1 and the Revolt RV1+ electric commuter motorcycle at INR 84,990 and INR 99,990 respectively.
The company states that in India motorcycles comprise almost 70 percent of all two-wheelers sold, of which the commuter segment comprises around 8 million units of the 12.5 million motorcycles sold.
The RV1 comes with a claimed 250kg payload capacity, compared to 150kg average seen in other ICE-commuter motorcycles. It features broader tyres for improved grip and stability. It is powered by a mid-motor and a chain drive system. Dual disc brakes, along with multiple speed modes and a reverse mode are also featured in the new e-motorcycles.
A 6-inch digital LCD display provides real-time ride data and error codes. Both the e-motorcycles also come with built-in charger storage and the RV1+ also gets a fast charge capability allowing it to be fully charged in 1.5 hours.
In terms of range, the RV1 comes with two battery options: a 2.2 kWh battery offering up to 100km claimed range, and a 3.24 kWh battery extending the claimed range to 160 km. Both battery options are IP67-rated for water resistance, ensuring reliable performance even in adverse weather conditions.
The two new products will complement Revolt Motors current line-up which includes RV400 and RV400 BRZ.
Revolt Motors claims that comfort remains a key highlight of the RV1, which can be seen with the longest seat in its category and a frame designed for multiple passengers.
Furthermore, Revolt Motors has also announced upgrade of its flagship model, the RV400, which includes fast charging capabilities that allow it be fully charged in 90 minutes; reverse mode; enhanced digital display; comfortable seat height, and Bluetooth connectivity for music. The RV400 also gets a built-in leg guard and centre stand. The range has been extended to 160km, and a new colour option has been added - Lunar Green.
Anjali Rattan, Chairperson, RattanIndia Enterprises said, “Our commitment to sustainability and our quest to engineer a motorcycle that is budget-friendly yet does not compromise on quality, features, or safety have come together in the form of the RV1. With modern and updated looks and features that are best in the segment, RV1 brings a new level of style and practicality to the electric motorcycle segment. A perfect blend of cutting-edge technology and thoughtful design, RV1 has been made to provide an exhilarating ride experience for the discerning Indian rider.”
- JSW MG Motor India
- MG Windsor EV
- MG Windsor Pro
MG Windsor Pro With Higher Range & Updated Tech To Be Launched On May 6th
- by MT Bureau
- May 02, 2025

JSW MG Motor India is set to expand its EV portfolio with the MG Windsor Pro, which is set to be introduced on 6 May 2025.
The MG Windsor Pro is expected to offer a higher range, more features, improved safety and minor design tweaks. While technical details are yet to be released, it is safe to understand that the company is looking to further drive sales of its popular EV, targeting a new set of customers.
Launched on 11 September 2024, the company positioned the Windsor as a CUV (crossover utility vehicle) and the most comfortable EV in its segment.
The Windsor EV has already surpassed 20,000 units sales since launch, and has been the highest selling electric passenger vehicle for the last several months in a row.
- Wardwizard Innovations & Mobility
- Joy e-bike
- Joy e-rik
- Yatin Sanjay Gupte
Wardwizard Maintains Profitability in FY25 Despite Revenue Decline, PAT at INR 63.6 Million
- by MT Bureau
- May 01, 2025

Gujarat-headquartered electric vehicle maker Wardwizard Innovations & Mobility, the maker of ‘Joy e-bike’ and ‘Joy e-rik’ brand, has reported a consolidated net profit of INR 63.6 million for FY2025, maintaining profitability for the fifth consecutive year despite industry headwinds and a 5.1 percent drop in annual revenue.
The company’s total consolidated revenue stood at INR 3.04 billion, down from INR 3.2 billion last year. However, EBITDA rose 13.9 percent YoY to INR 3.6 billion, and EBITDA margins improved by 222 basis points to 12.11 percent, reflecting strong cost discipline and operational efficiency.
Despite a 52.7 percent YoY dip in PAT, largely due to a high base in FY2024, Wardwizard remained in the black – underscoring resilience amid a challenging EV market environment.
Yatin Sanjay Gupte, Chairman & MD, Wardwizard Innovations & Mobility, said, “While annual revenues saw a slight decline, EBITDA rose 14 percent YoY. Our profitable performance, sustained for five consecutive years, sets us apart and reinforces the strength of our strategy.”
In Q4 FY25 (Jan–Mar 2025), the company recorded a 62.2 percent YoY rise in PAT to INR 64.5 million, with EBITDA nearly doubling to INR 1.8 billion. PAT margins for the quarter expanded to 5.91 percent, and EBITDA margins reached 17.26 percent, reflecting improved product mix and cost optimisation.
During the last fiscal, the company deployed over 400 electric two-wheelers across major cities like Kolkata, Pune, and Ahmedabad as well as the launch of L5 electric rickshaws in Maharashtra. Ongoing partnerships and a USD 1.29 billion EV initiative in the Philippines are expected to drive future growth.
“With continued innovation and targeted execution, we are building a stronger foundation for long-term growth,” Gupte added.
- Ajay Dhiman
- OPG Mobility
- Okaya EV
- Subros
- Honda
- Renault
- Nissan
- Sonalika Group
- Anshul Gupta
OPG Mobility Appoints Ajay Dhiman As President, COO & CTO To Lead EV Business
- by MT Bureau
- May 01, 2025

OPG Mobility (formerly Okaya EV) has appointed Ajay Dhiman as the new President – Chief Operating Officer (COO) and Chief Technology Officer (CTO) to lead its electric vehicle and EV components business.
In this strategic leadership role, Dhiman will be responsible for operations and technology functions spanning manufacturing, R&D, product development, quality, sourcing, supply chain and business strategy.
He joins OPG Mobility with over 20 years of experience in the automotive and EV sectors. He previously served as Senior Vice-President at Revolt Motors, where he is said to play a key role across CXO-level functions and was instrumental in accelerating product development and delivering high-quality electric mobility solutions. His career includes leadership stints at Honda, Renault-Nissan, Subros and Sonalika Group, contributing across two-wheeler, three-wheeler, and four-wheeler segments.
Anshul Gupta, Managing Director, OPG Mobility, said, “We are delighted to have Ajay Dhiman join our leadership team at a pivotal moment in OPG Mobility's journey. As we step up our presence in the EV ecosystem, Ajay’s deep experience in product development and operations will be invaluable in scaling our EV and components business. His thorough knowledge of both legacy systems and new mobility technologies will drive value, innovation, and faster execution across our transformation journey.”
Ajay Dhiman, added, “It’s an honour to join OPG Mobility at such a transformative time. The brand’s vision of delivering inclusive and innovative electric mobility solutions aligns strongly with my passion for engineering excellence, innovative products and future-focused manufacturing. I look forward to working closely with the leadership and teams to strengthen our product pipeline, accelerate product innovation, strengthen our technological edge, enhance operational excellence, and scale solutions that support India’s evolving mobility needs. We aim to position OPG Mobility as a frontrunner in shaping India’s electric mobility revolution.”
- Maharashtra Electric Vehicle Policy 2025
- Devendra Fadnavis
- subsidies
- incentive
Maharashtra Government Announces INR 19 Billion EV Policy 2025 To Drive Green Vehicle Adoption
- by MT Bureau
- April 30, 2025

The Maharashtra government has given rolled out the Electric Vehicle Policy 2025 for a period of five years (till 2030) with an estimated outlay of INR 19.93 billion.
The forward-looking policy aims to not only incentivise purchase of electric vehicles, but also aims to boost adoption and real-world usage.
As per the policy, certain EVs plying on highways will be given a toll waiver, EV charging infrastructure strengthened with an ambition have charging facilities every 25km on the national highways.
Electric two-wheelers, three-wheelers, private four-wheelers, state transport corporation buses, private buses and transport undertaking under civic bodies will get concession of 10 percent on purchase of an EV on the original cost. For goods carrying three-wheelers, four-wheelers and electric tractors will be eligible to a concession of 15 percent.
The government has also waived off registration fee on EVs. Lastly, electric four-wheelers and buses will also get toll exemption on Mumbai-Pune Expressway, Atal Setu, Samruddhi Mahamarg, along with 50 percent concession on state and other national highways.
Devendra Fadnavis, Chief Minister of Maharashtra, said, "The state government has approved a new Electric Vehicle (EV) policy, under which passenger EVs will be given subsidies. EV manufacturing and their use should increase in the state."
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