Micromax Co-Founder's EV Startup Revolt Intellicorp to Launch India's 1st AI-Enabled Bike in June
5 April 2019 12:36 AM GMT
Revolt Intellicorp Pvt. Ltd.. an independent electric vehicle (EV) venture by Micromax's co-founder, Rahul Sharma, is all set to launch India's first artificial intelligence (AI) -enabled electric motorcycle in India in June. The upcoming AI-enabled bike can be connected to LTE (a 4G mobile communications standard)
- In a media statement, Rahul Sharma, founder, Revolt Intellicorp Pvt.
- Last year in May, it was reported that the government is considering establishing of a venture capital (VC) fund of ₹500 crore in order to support startups related to electric vehicles (EV) in India.
- In 2015, Indian government had started Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) scheme which provides incentives for purchasing electric vehicles.
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