Industrial Automation Magazine India

E-mobility arm Evolet to expand dealer network in Telangana region

Published on : Thursday 08-10-2020

Evolet is a brand of new-age electric scooters, motorcycles, mopeds, quad bikes, Jeeps, Autos and buses with ARAI and ICAT certification.

October 7, 2020 – Evolet India, a Gurugram based startup is setting up its distributorship and dealership network for its range of electric vehicle models across India. A part of Rissala Electric Motors Pvt Ltd (REM), Evolet is a brand of new-age electric scooters, motorcycles, mopeds, quad bikes, Jeeps, Autos and buses with ARAI and ICAT certification that are being manufactured at its plants at Haryana, Hyderabad and Chennai. The key cities identified for dealerships and distributorship in Telangana region includes Hyderabad, Warangal, Karimnagar, Nizamabad, Vikaravad, Mahboob Nagar, Shadbagar besides others; the plan has been formalise for opening around 10 dealerships by March 2021 with target sales of around 150 units per month per dealer.

"India is transitioning towards clean mobility with Telangana, the youngest state in India showing mature interest in the EV market Adoption by EV manufacturers, Entrepreneurs, Dealers, and researchers," comments Sqn Ldr Prerana Chaturvedi, Director & CEO, Evolet India, during the inauguration of company's state showroom at Hyderabad. "This marks the entry of Evolet India in Telangana region, thereby playing a significant role in bolstering the government's 'Make in India' initiative with local suppliers in India, bringing a change in how people commute, with range of electric vehicles that suit all type of riders; from young to old, youthful trendy buyers and comfort seekers to busy business riders."

Rissala Group holds various business verticals in aviation, hospitality, wellness, lifestyle, sports and progressive agriculture. We are poised for the next phase of growth with our new Electric Vehicle venture 'Evolet'. The company is led by veteran defence officers, Colonel Ajay Ahlawat and Squadron Leader Prerana Chaturvedi, with nearly three decades of hands on access and experience in world's best technologies, condensed into 'Evolet' products.

The Company's pan India operations with special emphasis on Telangana are supported by a very strong and experienced team comprising of Dr Vidya Sagar, a renowned entrepreneur and a well-known doctor who has established many medical colleges across the country. The state showroom in the state is situated at Palmsprings Motors, G-3, Lakshmi Narayana Complex, Ayyappa Society, Madhapur, Hyderabad. Evolet plans to expand its dealership network in Telangana by adding around 3-4 Dealerships per month from FY 2020-21.