Bike

Subterms

    More stories

    • 175 Shares189 Views

      in Bike

      KTM India Sales, Exports Aug 2021 – Duke, RC 125, 200, 250, 390 ADV

      by

      Image – Indori MotoroidsKTM domestic sales and exports dipped both in terms of YoY and MoM basis
      In August 2021, KTM domestic sales stood at 4,389 units, down 38.32 percent over 7,116 units sold in August 2020. De-growth was reported across the all models in the company lineup except for the KTM 250. The decline in sales is probably due to the fact that KTM is getting ready to launch their new RC range in India.
      KTM Domestic Sales – Aug 2021
      Topping the domestic sales list was the KTM 250. Sales of the KTM 250 range (Duke + ADV) increased marginally on a YoY basis by 3.81 percent to 1,444 units but saw a substantial MoM sales pitch with a 44.11 percent growth as against 1,002 units sold in July 2021.  Share in the company lineup increased from 22.54 percent held in July 2021 to 32.90 percent in the past month.
      Sales of KTM 200 (Duke + RC) with 1,428 units sold, were down 52.27 percent over 2,992 units sold in August 2020. MoM sales dipped 29.27 percent as against 2,019 units sold in July 2021. This model also commanded the share charts with a 32.54 percent share held in August 2021, down from 45.41 percent held in July 2021.
      Domestic sales of KTM 125 (Duke + RC) have dipped substantially on a YoY basis by 61.14 percent to 757 units, down from 1,948 units sold in August 2020. MoM sales remained flat at 749 units sold in July 2021, a growth of just 1.07 percent. Same was the case for KTM 390 that suffered YoY de-growth to 760 units in August 2021 down from 785 units sold in August 2020 while MoM sales increased 12.43 percent over 676 units sold in July 2021.
      KTM India Sales, Exports Aug 2021 vs Aug 2020 (YoY)
      KTM Exports
      Shipments to global markets dipped both in terms of YoY and MoM basis. August 2021 exports dipped 27.84 percent to 2,810 units, down from 3,894 units shipped in August 2020. In July 2021 shipments had stood at 6,832 units relating to a 58.87 percent MoM de-growth.
      KTM 390 (RC + ADV + Duke) was no longer the most in demand KTM for export market. KTM 390 range reported de-growth on YoY and MoM basis. Exports in August 2021 stood at 400 units, down 80.87 percent over 2,091 units shipped in August 2020. Shipments in July 2021 had been at 2,791 units, relating to an 85.67 percent de-growth.
      KTM 200 and 250 exports increased 76.56 percent and 108.04 percent respectively in August 2021 to 1,582 units and 828 units, up from 896 units and 398 units exported in August 2020. Exports dipped 23.76 percent and 31.46 percent respectively, over 2,075 units and 1,208 units exported during the previous month. Ending the month with nil exports was KTM 125 (RC + Duke). Exports in August 2020 had stood at 509 units while in July 2021 758 units were exported.
      KTM India Sales, Exports Aug 2021 vs Jul 2021 (MoM)
      KTM Electric Plans
      The electric vehicle segment is heating up with new offerings and large scale bookings. KTM and Husqvarna are working on electric two-wheelers which are likely to be built in India. However, it remains to be seen if these will actually be introduced to our markets. For now, Husqvarna seems to have readied an electric scooter (Vektorr) and an electric motorcycle (E-Pilen) – both of which were on display at the 2021 IAA recently in Munich. More

    • 150 Shares99 Views

      in Bike

      New Aprilia Scooter Spied Testing – 2022 SR 125, 160 Launch Planned?

      by

      New Aprilia Scooter Spied In PuneThe nature of updates is unclear, but the updated SR 125 or SR 160 is expected to receive revised cosmetics and features
      Aprilia, over the past few years, has carved out a niche space for itself in the Indian two-wheeler industry as a premium brand. While its presence may not be as prominent as some of the other brands in the market but it surely knows a lot about making attractive and fun-to-ride two-wheelers.
      The Italian manufacturer might be looking to update some of the products in its portfolio in the coming future. A fully disguised prototype of what seemed like SR 125 or SR 160 was spotted recently in Pune. Images are credit to automotive enthusiast Priyam Chitransh, who shared the images on Rushlane Spylane Facebook Group. The test mule appears to be a mildly updated iteration of either one of the scooters.
      The SR range of scooters hasn’t got any serious updates ever since they were launched a few years back. In a market like India where competition is cut-throat, regular updates to a product are a key for success and longevity. The forthcoming update is most likely to be cosmetic in nature and there might be a few feature upgrades as well.
      Possible Updates
      A closer look at the recent spy shots suggests that it is most likely to be an updated SR 125. The most obvious indication here being a single-piece grab rail as opposed to the split grab rails offered in SR 160. Only the rear quarter end of the scooter is visible and it doesn’t give out a lot. The updates will surely be of a very subtle nature as nothing specific can be comprehended from these images.
      New Aprilia Scooter Spied In Pune
      The most significant addition seems to be a new instrument console which is fully digital. The existing SR range gets semi-digital cluster, unlike the SXR range – which gets full digital cluster. It is likely that the new SR range will get the full digital cluster from the SXR range in the next update. It will offer a range of information from the speedometer, tachometer, odometer, distance to empty and more.
      If Aprilia is generous, it could even offer connectivity technologies such as Bluetooth and smartphone connectivity. The company might even offer fresh colour schemes with the scooter.
      SR 125, SR 160 Specs
      There are unlikely to be any mechanical changes. Powering SR 125 is a 124.49cc, single-cylinder engine that pushes out 9.4 bhp at 7250rpm and a peak torque of 9.9 Nm at 6,250rpm. Suspension duties are handled by telescopic forks at front and a mono-shock at rear. Braking hardware consists of a single 220mm disc brake upfront and a 140mm drum brake at the rear.
      On the other hand, SR 160 is powered by a larger 160cc single-cylinder motor which cranks out 10.7bhp at 7600rpm and 11.6Nm at 6000rpm. It gets the same hardware configurations as its less powerful sibling. While SR 125 is priced between Rs 94,288 and Rs 96,811, SR 160 is currently available at a price of Rs 1.09 lakh – Rs 1.16 lakh (all prices ex-showroom). More

    • 138 Shares179 Views

      in Bike

      2022 Yamaha R125 And R3 Unveiled – Special Edition Colour Scheme

      by

      2022 Yamaha R3Yamaha will soon update the YZF R15 in India – It will be christened as R15 V4 and R15M
      Yamaha has been a successful Grand Prix motorcycle racing team for 60 years now and to commemorate this occasion, the Japanese brand is launching a special edition of the 2022 R3 and R15 later this year. To showcase its MotoGP racing heritage, Yamaha has introduced a special 60th Anniversary livery on both faired motorcycles.
      60th Anniversary Edition
      Moreover, 2022 Yamaha R3 is now compliant with Euro-5 emission norms. Both feature common styling elements such as white paneling with red graphics in the speed block design, as well as a special emblem on the tank. Yamaha’s iconic speed block-style pattern on fairings adds that special retro touch to the package.
      Furthermore, the faired sports bikes are adorned by a continuous red paint stripe on the fuel tank and tail section. Other attractive highlights include a red front fender, a yellow paint at front apron to carve the numbers on it and golden-coloured alloy rims. The bikes look similar to Team Blue’s MotoGP test bike for the pre-season with the same livery.
      R3 Updates
      The biggest update is seen in the form of R3 making its return with a Euro-5 compliant engine. In order to achieve this, the Japanese bikemaker has tweaked the lower fairing cowl of R3 to incorporate a new catalytic converter.
      2022 Yamaha R3
      Rest of the specifications are similar to its predecessor. It continues to be powered by a 321cc liquid-cooled parallel-twin mill that churns out 41 bhp and 29.5 Nm of peak torque. This engine is paired with a 6-speed gearbox which gets a slipper and assist clutch.
      The bike is underpinned by a diamond tube frame which is sprung on gold-painted 37mm inverted forks at front and a mono-shock at rear. In addition to the 60th Anniversary paint scheme, Yamaha has offered the 2022 R3 in Icon Blue and Yamaha Black shades. In terms of features, it gets an all-LED illumination and a digital LCD instrument console.
      2022 Yamaha R125 Specs
      R125, on the other hand, gets a new dual-tone Icon Blue paint along with a dark matte blue colour option, apart from the 60th Anniversary Edition. It is powered by a 125cc liquid-cooled motor (with VVA) that dishes out 15 bhp and 11.5Nm of peak torque. This unit is coupled with a 6-speed gearbox and gets a slipper clutch as well. Suspension duties are handled by 41mm USD front forks and linked rear mono-shock. Its braking hardware consists of a 292mm front disc and a 220mm rear disc.
      2022 Yamaha R125
      With R3 now Euro-5 compliant, we can hope that it makes its re-entry in India soon. R125 is unlikely to make its way to India since the space is already occupied by YZF R15 which, interestingly, is scheduled to receive a major upgrade in the coming days. More

    • 138 Shares169 Views

      in Bike

      350cc Motorcycle Sales Aug 2021 – Classic, Meteor, Bullet, Electra, CB350

      by

      Image – Throttle 98While domestic sales are down, exports have registered significant gains in YoY and MoM terms
      A total of 36,543 units were sold in August 2021, as compared to 46,177 units in August last year. YoY sales have declined by -20.86%. MoM growth is also negative at -6.38%, as compared to 39,034 units sold in July 2021. Top volume generators in domestic market are Classic 350 and Meteor 350. Royal Enfield’s market share in 350cc segment domestic market is more than 95%.
      350cc motorcycle exports in August 2021 were at 3,919 units. YoY growth has zoomed 2101.69%, as compared to 178 units exported in August last year. MoM export growth is at 48.00%, as compared to 2,648 units exported in July 2021. Majority of exports comprise Meteor, followed by CB350 and Classic 350.
      350cc motorcycles – Domestic sales
      Classic 350 continues to lead, even though YoY sales growth is negative. A total of 23,453 units were sold in August. YoY growth is down by -32.59%, as compared to 34,791 units sold in August last year. This dip in sales is likely due to launch of new-gen Classic 350. Sales in September are expected to be higher. Classic 350 commanded a market share of 88.36% in August. MoM growth is up 38.86%, as compared to 16,890 units sold in July 2021.
      Meteor 350 retains its second position in the list with sales of 6,381 units in August. Market share is at 24.04%. MoM growth is down by -34.73%, as compared to 9,777 units sold in July 2021. Due to rising input costs, Royal Enfield recently increased prices of Meteor by Rs 7k. Updated prices of Fireball, Stellar and Supernova variants are Rs 1.99 lakh, Rs 2.05 lakh and Rs 2.15 lakh, respectively.
      350cc Motorcycle Sales Aug 2021 vs Aug 2020 (YoY)
      Bullet 350 is third with sales of 3,699 units in August. YoY sales have close to halved, as compared to 7,257 units sold in August last year. Market share is at 13.94%. MoM numbers are down -48.14%, as compared to 7,133 units sold in July 2021.
      Next in the list is Electra 350 with sales of 1,963 units in August. YoY growth is down by -52.46%, as compared to 4,129 units sold in August last year. Market share is at 7.40%. MoM growth is down by -33.44%, as compared to 2,949 units sold in July 2021.
      Honda H’ness CB350 is fifth with sales of 1,047 units in August. Market share is at 3.94%. MoM sales have more than halved, as compared to 2,285 units sold in July 2021.
      350cc Motorcycle Sales Aug 2021 vs Jul 2021 (MoM)
      350cc motorcycles – Exports
      Meteor 350 leads in exports with a total of 2,378 units in August. Percentage share in exports is at 60.68%. Meteor has registered significant MoM growth of 36.90%, as compared to 1,737 units exported in July 2021. CB350 is second best in exports with 822 units in August. Share in exports is at 20.97%. There’s a marginal dip of -2.26% in MoM growth. CB350 exports in July were at 841 units.
      Classic 350 is third in the list with exports of 719 units in August. YoY numbers are up by 303.93%, as compared to 178 units exported in August last year. Share in exports is at 18.35%. Other bikes, Bullet and Electra have zero exports in August. More

    • 150 Shares119 Views

      in Bike

      Okaya Electric Scooter Freedum Launch Price Rs 70K – Range 80 Kms

      by

      Okaya Electric ScooterOkaya electric scooter Freedum will be offered with two battery options and as many as twelve colour schemes
      Energy storage solutions provider- Okaya has launched a new electric scooter named Freedum at a starting price of Rs 69,900. This is the company’s third electric two-wheeler offering after its official entry in the Indian automotive sector as Okaya EV in July earlier this year.
      Okaya claims its latest e-scooter offering as 100 percent indigenously developed in India and manufactured at the company’s facility in Baddi, Himachal Pradesh. The brand already retails two electric scooters- the AvionIQ series and the ClassIQ which have received a great response, as per Okaya.
      Okaya Electric Scooter – More Details
      The new Freedum electric scooter will be available in four variants- starting with Low-Speed e-Scooters for select markets. Okaya will further launch high speed, high range e-scooters offering more than 250km per charge capacity in the coming months. The company has revealed that it will roll out a total of fourteen new products in the current financial year including a high-Speed Motorcycle and specialized B2B vehicles.
      All these two-wheelers will be built from scratch and developed in accordance with requirements of delivery based businesses. Okaya currently has 120 dealers across the country and plans to add another 800 in the coming days. The company aspires to offer accessible, value for money, clean energy mobility to every Indian which will be built to suit Indian conditions and Indian rider preferences.
      Okaya Electric Scooter
      On the occasion of the launch of Freedum, Anil Gupta, Managing Director, Okaya Power Group said, “Electric is the future and we find ourselves best placed to offer a high-quality, value for money proposition to every Indian.” He further added that the company is very conscious of the quality and durability of its products and it has created a fully made in India proposition that gives fillip to the government’s aim to see one crore e-scooters on road by 2025.
      Freedum- Specs & Features
      The newly launched Freedum electric scooter will be available in two battery options- VRLA Lead Acid Battery and Lithium Iron Phosphate (LFP) Battery. It will be offered in multiple colour options including White, Red, Blue to Black, Green, Brown and Beige. The scooter gets an attractive front end with a single-piece LED headlamp on the front apron flanked by LED DRLs on both sides. The turn indicators are placed on the handlebar.
      Okaya Electric Scooter is powered by a 250W, BLDC Hub Motor which has a top speed of 25kmph. While the Lithium-ion battery pack offers a maximum range of 70-80 km, the Lead Acid battery offers a peak range of 50-60 km on a single charge. The Lithium unit takes 4-5 hours to get fully charged in comparison to 8-10 hours taken by the lead-acid battery.
      Okaya Electric Scooter Specs
      Okaya Electric Scooter features on offer include a digital instrument console, wheel lock, anti-theft alarm, regenerative braking system and forward/reverse mode. The scooter is based on a tubular frame that is suspended on telescopic forks up front and a mono-shock at rear. Braking duties are handled by a disc brake at front and a drum brake at rear. More

    • 138 Shares149 Views

      in Bike

      Top 10 Two Wheelers Aug 2021 – Splendor, Activa, Pulsar, XL100

      by

      Image – Indian Auto ZoneTop 10 two wheeler wholesales reported a 5.34 percent sales decline in August 2021
      The auto industry has put its best foot forward to address matters that have limited performance. Current market performance continues to be tepid for the most part. The top 10 two wheelers sold have collectively reported a decline. While automakers continuously gauge customer needs to launch two wheelers across segments, it’s been a tough action plan in recent months. Hero MotoCorp continues to put in a leading performance.
      Top 10 Two Wheelers Aug 2021 – Hero Splendor sales highest
      Some scooter sales in the top 10 list continue to see a positive growth. The market has been going through a transition phase with a select few products/manufacturers seeing faster growth than the industry average. Hero Splendor continues to lead the table. Wholesales was reported at 2,41,703 units, up from 9,32,201 units. Sales volume gain stood at just over 9.5 k units at 4.09 percent growth. In the top 10 order, Hero Splendor claimed almost 25 percent market shared.
      Honda continues to strategically position it as a lifestyle brand through new segments.Honda has been promising new products for a while now, and it would be interesting to see what product launch it plans next. A popular notion points to a small cc mass market motorcycle.
      Just over 2 lakh units of Honda Activa were sold, up from 1,93,607 units. Volume gain stood at over 11k units at 5.71 percent growth. Honda CB Shine, the automaker’s bestselling motorcycle saw sales just under 1.3 lakhs. Sales grew from 1,06,133 units at volume gain of 23,793 units. Volume growth stood at 22.42 percent.
      Top 10 Two Wheelers Aug 2021
      Hero HF Deluxe sales fell noticeably at 35.33 percent decline. Sales is down at 1,14,575 units from 1,77,168 units. Volume loss stood at 62,593 units. Bajaj Pulsar series sales fell by almost a quarter, down to just over 66k units. Sales fell from 87,202 units. Volume loss stood at 21,095 units. Bajaj Platina sales growth was the highest in the top 10 two-wheelers sold. Sales grew from about 40k units to 56,615 units at 40.50 percent. Sales volume growth stood at 16,321 units.
      TVS top-sellers volume decline
      TVS XL100 moped sales fell by almost a quarter. Sales was down to 52,607 units, down from just over 70k units. Volume loss stood at 17,519 units. Suzuki Access scooter sales grew to almost 50k units. Volume gain stood at 7,651 units, up from 41,484 units at sales growth of 18.44 percent.
      TVS Jupiter sales fell by almost 13 percent, down to just over 45k units. Sales fell from 52,378 units at volume loss of 6,753 units. Honda Did scooter sales decline was the steepest in the top 10 two-wheelers list. Sales fell to 26,897 units, down from 42,957 units. Volume loss stood at just over 16k units at sales decline of 37.39 percent. Total sales of the top order is reported ay 9,87,849 units, down from 10,43,550 units. Volume loss stood at over 55k units at 5.34 percent decline.

      Top 10 Two Wheelers
      Aug-21
      Aug-20
      %

      1. Hero Splendor
      2,41,703
      2,32,201
      4.09

      2. Honda Activa
      2,04,659
      1,93,607
      5.71

      3. Honda CB Shine
      1,29,926
      1,06,133
      22.42

      4. Hero HF Deluxe
      1,14,575
      1,77,168
      -35.33

      5. Bajaj Pulsar
      66,107
      87,202
      -24.19

      6. Bajaj Platina
      56,615
      40,294
      40.50

      7. TVS XL100
      52,607
      70,126
      -24.98

      8. Suzuki Access
      49,135
      41,484
      18.44

      9. TVS Jupiter
      45,625
      52,378
      -12.89

      10. Honda Dio
      26,897
      42,957
      -37.39

      Total
      9,87,849
      10,43,550
      -5.34

      In select segments, sales continues to grow faster than market. So, while overall market growth was negative for the top order, some growth was positive, which is not an an easy task in a sceptic market. We have also seen faster growth than average market numbers for a band of electric two wheeler manufacturers. Of course, one should remember volumes for such products remains small compared to the full market size.
      In certain scenarios, It is evident there is latent demand for big bikes, given their higher performance, and longer lifecycle among rural and urban customers. A company can be said to have innovated if its products are seen as offering new features to meet consumer needs. But in recent months, new product launches have been select, and few and far in between. More

    • 150 Shares199 Views

      in Bike

      TVS Raider 125cc Motorcycle Launch Price Rs 77k – Pulsar, Splendor Rival

      by

      New TVS Raider 125cc MotorcycleThe TVS Raider targets younger buyers with its sporty looks, sharp bodywork and premium features
      After a host of teaser videos being released, TVS Motor Company has officially launched the new Raider 125 motorcycle in India. This sport-commuter bike adds to the ever increasing list of 125cc bikes in the country. It will be offered as a capable competitor to the Honda CB Shine, Bajaj Pulsar 125, Bajaj Discover 125 and Hero Super Splendor in the Indian market.
      Sporty Styling
      The new TVS Raider 125cc is priced at Rs 77,500 (Ex-Delhi). At this price, it is about Rs 5k more expensive than the Hero Super Splendor, while it is about Rs 1k cheaper than the Bajaj Pulsar 125 and almost Rs 23k cheaper than Pulsar NS 125. In the company line-up, the new Raider is positioned between Radeon 110 and the Apache RTR 160 4V.
      Being a new gen motorcycle, it shares some features with the Apache series. Raider gets all LED head and tail lamps along with LED DRLs. It also sports a fully digital instrument cluster with tachometer, gear position indicator along with speedometer, fuel gauge and clock. It also gets TVS Bluetooth connected features.
      Sporty accents extend to a muscular fuel tank, sharp belly pan and split seats. TVS Raider 125cc is being presented in four colour options of Blue, Red, Yellow, and Black but with a dual tone finish with black colour on its tank shrouds.
      TVS Raider 125cc
      TVS Raider 125 is positioned on a 1,326mm wheelbase and rides on 17 inch alloy wheels at the front and rear. It gets a 10 liter fuel tank while kerb weight is at 123 kgs. Fuel efficiency is pegged at 67 km/l, thanks to ET Fi. A segment-first for a 125cc motorcycle in India, TVS Raider 125 comes in with two ride modes of Eco and Power. Eco mode will relate to better fuel efficiency while Power mode is for fun.
      Engine, Suspension and Braking
      TVS Raider 125 is powered by a 14.8cc, three valve, air cooled engine offering 11.4 hp power at 7,500 rpm and 11.2 Nm torque at 6,000 rpm. The engine gets mated to a 5 speed gearbox. Suspension is carried out via telescopic fork in the front and gas charged 5 step preload adjustable monoshock at the rear while braking is by a 240mm disc set up in front and 130mm drum at the rear.
      Mr. KN Radhakrishnan, Director & CEO, TVS Motor Company, said, “TVS Motor Company caters to customers across almost every continent. We are happy to add a new global motorcycle platform to our portfolio with the TVS Raider, which is designed for the young, digitally native Gen Z. True to its target segment, it is equipped with cutting-edge in vehicle and connected technology. I am confident that TVS Raider shall be the preferred choice for our young consumers both in India and globally.”
      TVS Raider 125cc
      TVS Jupiter 125 Incoming
      In related news, TVS Motor Company is also expected to expand its range with the new Jupiter 125 scooter which will rival the Honda Activa 125 and Suzuki Access 125.TVS Jupiter 125 will be positioned between Jupiter 110 and TVS NTorq 125.
      It will sport similarities to the Jupiter 110 and will borrow its engine from the Ntorq. This 124.8cc, single cylinder, air cooled, fuel injected engine would have different power and torque ratings and CVT ratios while fuel efficiency will be better than that offered by the Norq 125.The new Jupiter 125 is slated to be launched in the coming weeks. More

    • 100 Shares189 Views

      in Bike

      Revolt RV400 Electric Motorcycle New White Colour Launched

      by

      Revolt Electric Motorcycle New ShowroomRevolt is also expected to announce the launch of its battery swapping stations called Switch Stations in the near future
      Revolt Motors has launched its flagship electric motorcycle RV400 in a new paint scheme. The company is yet to officially name the colour of the bike but gets a silvery-white paint with accents of black colour dominating the lower half of the motorcycle. The launch has been announced by the company’s founder, Rahul Sharma on his Twitter handle.
      Sharma revealed that fresh bookings for RV400 will be opened soon. With this update, RV400 would be available in total three colour options, the other two being Rebel Red and Cosmic Black colours. Design of the white livery looks similar to the existing Rebel Red model.
      RV400 Powertrain Specs, Range
      There has been no development reported regarding updates of any other kinds. This means mechanically and feature-wise RV400 is exactly the same as the current model. RV400 is powered by a mid-ship mounted 3kW electric motor which derives energy from a 72V, 3.24kWh lithium-ion battery. The combined peak output stands at 5kW of power and 54 Nm of torque.
      Top speed of the bike has been claimed to be 85 kmph. It is offered in three riding modes Eco, City and Sport with a maximum claimed range of 156km on a single charge in Eco mode. City and Sport modes offer a range of 120km and 90km on a single charge respectively. The battery takes about 4.5 hours to charge completely using a 15A socket.
      Revolt Electric Motorcycle New White Colour
      Suspension duties are handled by inverted forks up front and a mono-shock at rear with screw-type preload adjustability. Whereas anchorage is taken care of by 240mm disc brakes on both ends with CBS as standard. The bike rides on 17-inch alloy wheels.
      Features on offer
      In terms of features, it is offered with all-LED lighting for headlamp, tail lamp and turn indicators, a full-LCD instrument cluster and 4G connectivity. The instrument console is enabled with MyRevolt App which offers connected features such as bike locator, geo-fencing, battery status, historical data on trips, complete bike diagnostics, keyless operation.
      It can also be used to access information about the nearest battery swapping stations which will be known as Switch Stations. The most interesting feature is the simulated exhaust notes which can be changed from the app and can also be switched on or off on the go. Recently it received a new feature called Swipe to Start which enables remote start/stop of the motorcycle.
      Price
      Prices of RV400 have recently been reduced by Rs 28,000 thanks to the revised FAME II subsidies from the Government of India. It is now priced at Rs 90,799 (ex-showroom). The Delhi-based EV startup intends to introduce a more affordable electric motorcycle called Revolt RV1. More