RattanIndia Enterprises shares surge 7% after Revolt Motors launches RV1 and RV1+ in Sri Lanka
RattanIndia Enterprises Ltd. saw its shares jump 7% in early trade after its subsidiary, Revolt Motors , announced the international debut of its new electric motorcycles — the RV1 and RV1+ — in Sri Lanka. As of 9:21 AM, the shares were trading 5.34% higher at Rs 63.77.
The unveiling will take place at the EV Motor Show Colombo 2025, scheduled from June 27 to 29 at the Bandaranaike Memorial International Conference Hall (BMICH). This marks a strategic move in Revolt's push to expand its global footprint, especially in South Asia.
Revolt Motors has partnered with Evolution Auto , its exclusive distributor in Sri Lanka, following the successful introduction of the RV400 and BRZ models in November 2024. The launch reflects the brand's commitment to making sustainable, AI-driven mobility accessible worldwide.
Show visitors will get an exclusive first look at the RV1 and RV1+, experience test rides, and access special show offers, including early delivery benefits. Attendees can also book the models directly at the booth.
With rising demand for eco-friendly vehicles and smart mobility, the launch is expected to boost Revolt's visibility and sales in overseas markets. Backed by cutting-edge tech and a strong local partnership, the company aims to strengthen its regional presence.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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