The Indian firm is offering sweeteners, including preferential treatment in the case of liquidation, to win over new backers, people familiar with the matter said, asking not to be named as the information isn’t public.
The electric two wheeler maker will reopen bookings on February 22 February, 2023 for its newly released RV400 bikes.
The government has been the force behind EV adoption with schemes like FAME and PLI, which should be continued for the next few years, a report by Redseer Strategy Consultants has said
The hubs will be set up at Kalyani Nagar and Senapati Bapat Road in Pune.
The RV 400 is equipped with a 72V, 3.24 kWh lithium-ion battery. It takes 4.5 hours to get fully charged and offers a range of 80 to 150 km, depending on the usage.
Revolt launched the RV400, alongside a smaller sibling, RV300, India's first electric motorcycles.
President Bashar al-Assad's forces pounded Sunni Muslim rebels in the city of Homs with artillery and from the air on Sunday, the second day of an offensive to expand loyalist control over Syria's strategic centre, activists said.