In India, it is quite common to come across two-wheelers that have been fitted with makeshift arrangements, commonly known as “jugaad,” in order to carry excessive loads. Micro-entrepreneurs, including milkmen, small vendors, and gig workers involved in deliveries, often resort to these modifications to maximize their earnings. However, it’s important to note that overloading these bikes not only goes against the law but also poses a significant risk of fatal accidents.
The Ministry of Road, Transport, and Highways reports that approximately 10% of all accidents in India can be attributed to overloading. Recognizing the severity of this issue, Revamp Moto, a startup based in Nashik, was founded by Jayesh Tope, Pritesh Mahajan, and Pushkaraj Narendra Salunke in January 2021. They have since been dedicated to addressing this problem by offering electric two-wheelers that are specifically adapted with Modular Utility Platforms.
Addressing problem area
After conducting thorough research, Revamp Moto delved into the challenges encountered by micro-entrepreneurs. Such as constrained cargo space, inadequate vehicles, inefficient fleet management, and heightened breakdown time. Revamp Moto is a Nasik based EV company dedicated to transforming urban transportation. By empowering individuals and businesses with cutting-edge mobility solutions. Their unwavering commitment to technological advancements and customer satisfaction. Further, Revamp Moto positions as a catalyst for long-term change in the EV industry. While also making significant contributions to the sustainable development of urban mobility.
The Product: RM Buddie 25 – India’s First Transformable EV
Revamp Moto recently entered the market with its debut product in the Metaverse, priced at ₹66,999. Further, they have plans to launch another product RM Mitra in October 2023. The launch of RM Buddie 25 in December 2022 gained recognition as “India’s first transformable EV.” This state-of-the-art electric scooter enables riders to effortlessly navigate busy city streets with a top speed of 25 kmph. With an impressive range of 70 km on a single charge, the RM Buddie 25 empowers riders to embark on significant journeys without concerns about battery life.
It comes equipped with a range of attachments, including a base rack, carrier, child seat, insulated box, saddle stay, and bag. Further, providing users with enhanced functionality and adaptability tailored to urban commuting.
Setting it apart from other electric scooters in the market, the RM Buddie 25 features an innovative modular utility system. This design allows riders to customize the scooter according to their specific requirements. Further, enhancing its versatility and practicality for urban dwellers. Additionally, the RM Buddie 25 incorporates a convenient swappable battery mechanism, revolutionizing the electric scooter experience. With the ability to easily replace a depleted battery with a fully charged one. Moreover, riders can enjoy uninterrupted journeys, reducing downtime and eliminating concerns about range anxiety. Revamp Moto’s efficient battery swapping feature ensures a seamless and hassle-free riding experience for users.
Geographical Expansion and Collaborations
Revamp Moto has strategic plans to expand its operations by establishing Experience Centers and Company Outlets in new geographical locations. The company will adopt a phased approach to open new dealerships. Especially, by initially targeting states such as Karnataka, Maharashtra, Gujarat, and Goa, before expanding to other states. Revamp Moto has already initiated deliveries to well-known brands and is experiencing steady growth in B2B and B2G deals. With a global vision in mind, the company aims to export its products to other countries in the future. Collaborations with prominent brands like Blive, Electric One, and EV Planet will further strengthen Revamp Moto’s market outreach. Leveraging the franchise model will be instrumental in expanding Revamp Moto’s reach and providing customers with an enhanced and convenient experience.
Revamp Moto is revolutionizing urban transportation in India by addressing challenges faced by individuals. As well as micro-entrepreneurs through innovative electric two-wheelers equipped with Modular Utility Platforms. Their flagship product, the RM Buddie 25, offers cutting-edge features like a modular utility system and swappable battery. Further, positioning Revamp Moto for a lasting impact. As they expand operations and collaborate with renowned brands. Revamp Moto aims to transform commuting, contributing to greener and more efficient urban mobility. The upcoming RM Mitra model will further enhance transportation options, providing reliable solutions for micro-entrepreneurs and larger enterprises.