Micromax co-founder Rahul Sharma has launched a new venture called Revolt Intellicorp Pvt. Ltd., which is working on an AI-enabled electric motorcycle. The bike is expected to be launched in June 2019.
Revolt Intellicorp has set up its headquarters in Gurgaon and has a manufacturing facility in Manesar. The factory is spread over 1,00,000 sq. ft. and has a production capacity of 1,20,000 units in Phase 1. The company has also employed an R&D team, that is claimed to have been working on the project for the last 2 years. Production is already underway.
Revolt is aiming to achieve a double digit market share. While the company did not reveal any technical details about the product, it hopes to make personal mobility more practical, affordable and sustainable.