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Updated on: Wednesday, May 29, 2019, 12:14 AM IST

Micromax co-founder forays into electric two-wheelers

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New Delhi: Home-grown mobile handset maker Micromax co-founder Rahul Sharma announced his foray into smart mobility with the unveiling of an electric motorcycle which is expected to be launched in June.  Sharma, who is transitioning from mobiles to mobility, has set up Revolt Intellicorp Pvt Ltd, a firm wholly owned by him with a view “to make personal mobility practical, affordable and sustainable” earmarking around Rs 500 crore of investment.

“I always wanted to get into the smart mobility sector. I had even met many global players to foray into the segment. During this period I even considered investing in some of the existing companies that were manufacturing electric vehicles but somehow it did not materialise,” Sharma told PTI. He claimed Revolt Intellicorp is “here to disrupt this industry for sure” and it is going to be a game changer in the automobile industry.

Having roped in automobile industry veterans as part of the company’s R&D team, Sharma said they have been working for the last two years to introduce India’s first AI-enabled motorcycle without compromising on the performance or aesthetics. “We are making an ecosystem of connected devices, bike is one of them. There will be many connected devices which will come under this venture.” Sharma said. The e-motorcycle from Revolt Intellicorp will be comparable with conventional motorcycles in terms of performance, he claimed but declined to give more details saying it would be shared at the time of launch.

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Published on: Friday, April 05, 2019, 05:36 AM IST
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