Company Profile 2022

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RISSALA GROUP

Rissala Electric
Motors Pvt. Ltd.
RISSALA ELECTRIC MOTORS PVT. LTD.

“Evolet” the flagship brand of Rissala Electric


Motors (P) LTD.

Leader in manufacturing of electric scooters,


all terrain vehicle, bikes, segway, drones &
off-roader vehicles.

The galloping horse represents the free spirit of


Evolet.

The horse runs freely & happily with speed & energy,
we wish the same for all Evolet users.

Our aim is to ensure freedom of mobility…and keeping


mobility free for all Like our ageless companion… The
Horse.

“We shall always be worthy of our honour”


OUR LEADERSHIP TEAM

Colonel. Ajay Ahlawat Mr. Cheema HNPS Mr. Chanderkant


Sarvang

Founder of REM Group CEO - RISSALA & Co-Founder & Director


Cavalier, Tank-Man Managing Director Xnrgi Serial Entrepreneur
Gunnery Instructor, BE, MBA with 28 years with 8 Years Industry
International Polo successful track as CXO in Experience in Business
Player & Equestrian & EV and Lithium Space with development &
Instructor, Special European MNCs or Indian Strategies.
Forces Corporates
OUR LEADERSHIP TEAM

Amrish Kumar Sawan Mishra Arti Rana Kajal Mehra


OPS. & R&D Sales Finance Design & Creatives

Senior Quality and IGNOU and YMCA An accomplished Creative Head


R&D professional alumni with 10 years Senior Analyst with Bachelor Of Arts
with over 15 years of work experience 12+ years of Arena Animation &
experience in in Automobile experience in MAAC Alumni with 7
established Company like Maruti Finance & years experience
industries like Suzuki Operations with across various
Piaggio and Okinawa Startups.Industry Design studios.
exp. like Automobile,
Eng. & Construction
KEY STRENGTHS

Production setup spread over 20,000 sq.mtrs.

Manufacturing capacity of 3.5lakh vehicles per annum.

Retail sales points 125 spread over pan India.

Customer base 5,000 plus.

Range of products - 6 state of art & innovative designs, well accepted in the market for qaulity &
price value proposition.

In house research & development.

Products are approved and being manufactured as per ARAI standards


(Indian automobile standards)

The most crucial part - the lithium-ion battery is being manufactured by the group company.
MANUFACTURING FACILITY

ONE OF THE
LARGEST
2 WHEELER
EV PLANT
IN INDIA

GURUGRAM, HARYANA
MANUFACTURING FACILITY

Target Production capacity of


3.5 Lakh Scooters from the
existing line in the plant.

The International Scooter


designs are already 100%
indegenised.

Proudly Made In India


PRODUCT RANGE

LOW MEDIUM HIGH OFF UP-


SPEED SPEED SPEED ROAD COMING
RANGE RANGE RANGE RANGE RANGE

HAWK
PONY DERBY BOLT WARRIOR (Sports Bike)

SLIDER
(Multi Terrain
POLO DHANNO WARRIOR+
Off Roader)
RANGE

80km*
RIDE COST

10 Paise/km*
CHARGING

3-4 hr
MOTOR

800 W
BATTERY

Lithium
RANGE

80-100km*
RIDE COST

10 Paise/km*
CHARGING

3-4 hr
MOTOR

800 W
BATTERY

Lithium
RANGE

80-100km*
RIDE COST

10 Paise/km*
CHARGING

3-4 hr
MOTOR

1100 W
BATTERY

Lithium
RANGE

80-100km*
RIDE COST

10 Paise/km*
CHARGING

3-4 hr
MOTOR

1100 W
BATTERY

Lithium
RANGE

60km*
RIDE COST

10 Paise/km*
CHARGING

3-4 hr
MOTOR

2000 W
BATTERY

Lithium
PAN INDIA PRESENCE

• DELHI • UTTAR PRADESH • MAHARASHTRA Sri Nagar


Kolhapur Up-coming
• Raja Puri • Bijnore • Manufacturing
• Najafgarh • Gorakhpur • Panvel Facility
• Rohini • Khurja • Alibagh
• Uttam Nagar • Maharajganj • Sawantwadi
Corporate Office
• Noida • Pune Manufacturing
• GUJRAT • Jewar Facility Guwahati
• Ahmedabad-3 • Bareilly • MADHYA PRADESH Up-coming
Manufacturing
• Rajkot - 2 • Jaunpur • Mandsaur Facility
• Bhavnagar
• Surat-4 • JAMMU & KASHMIR • PUDUCHERRY
• Mahesana • Sri Nagar • Puducherry
• Valsad • Anantnag
• Patan • Jammu • BIHAR
• Pandesara • Forbesganj
• Adajan • TAMIL NADU • Darbhanga
• Junagadh • Madurai
• Chennai • KARNATAKA
• HARYANA • Trichy • Bellary
• Rohtak • Coimbatore
• Panipat-2 • Salem • ANDHRA PRADESH Pune
• Sonipat • Chennai • Visakhapatnam Up-coming
Manufacturing
• Karnal • Guntur Facility
• TELENGANA
• Rewari • Kodad
• Hisar-2 • CHHATTISGARH
• Vikarabad
• Gurugram • Raipur
• Sangareddy
• Panipat • Medak
• Hodal • UTTARAKHAND
• Nalgonda • Champawat
• Hansi • Siddipet
• Jhajjar • Karareddy • HIMACHAL PRADESH
Current Dealers
• Charkhi Dadari • Mulugu • HAMIRPUR
• Bhadurgarh Up-Coming Dealer
• Jagtial
Corporate Office
• Hyderabad
• JHARKHAND
• Suryapet Manufacturing Facility
• GIRIDIH
Up-coming Manufacturing
• Bokaro Facility
OUTLET MODEL

SHOWROOM SERVICE SPACE - 400Sqft SHOWROOM MANPOWER WORKING


SPACE FRONTAGE CAPITAL
SWAPPING STATION
1000-1500 SPACE - 200 Sqft 20FT 4-6 35
sqft LAKH
MARKET SIZE

India uses a large variety of motorized


transport on roads and its auto-
segments are quite different from that
of most of the world. Based on the last
six years of sales data, the vehicles on
3 WHEELERS Indian roads are estimated to consist of:
4%
1. Two-wheelers: 79%
BUSES
3% 2. Three-wheelers (passenger and
2 WHEELERS
79% goods), including tempos: 4%

3. Buses and large goods vehicles like


ECONOMY
trucks: 3%
4 WHEELERS
12% 4. Economy four-wheelers (cars costing
less than 1 million): 12%
PREMIUM
4 WHEELERS
2% 5. Premium four-wheelers (cars costing
higher than 1 million): 2%
Source: J&K Research
MARKET SIZE

22156891
More Than 2.5 Crores New Units of Two
20192672
Wheelers to be Sold Every Year.
17589738
16455851 Source: Published by Statista Research Department
15975561
14806778
13797185
13409150

11768910

Electric 2 Wheeler vehicle market in India


expected to hit 93 lakh units per annum
mark by 2025:
Source: The Economic Times

2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19


FACTS – ICE 2 WHEELERS SALES IN INDIA

Honda § Facts about 2 wheelers sales which no one talks about.


(Activa)
Bajaj Hero
(scooter) (splendor) § Honda sells 5 lac Petrol scooters each month @ 80,000
rupees = monthly sale of 5X80,000 = 4000 crores /
month Or 48,000 cr per year.

§ Hero splendor sell 3.5 lac Splendor petrol motorcycle


each month @80,000 rupees = monthly sale of
TVS 3.5X80,000 rupees = 2800 cr/ month Or 33,600 cr per
(Jupiter)
year.

§ TVS sells 3 lac petrol scooter each month @70,000


rupees = monthly sale of 3X70,000 rupees = 2100 cr/
month Or 24,200 cr per year.

§ Bajaj sell 4 lac petrol scooters each month @70,000


rupees = monthly sale of 4X70,000 rupees = 2800 cr/
month Or 33,600 cr per year.

§ All the above are 150cc vehicles or below which govt has
banned and cannot be sold in India after 2025. Most states
24,200 cr 33,600 cr 33,600 cr 48,000 cr are banning by 2022 all petrol scooters sales.
Per Year Per Year Per Year Per Year
2 WHEELER EV OPPORTUNITY ('000)

50000
EV ICE
45000
40000
35000
30000
25000
20000
15000
10000
5000
0

*Below 150cc Vehicles


REVENUE PROJECTION

(Amt. in lakhs)

* In the year 2025 Second Assembly Line Addition


GLOBAL NETWORK

Sultan Ibrahim ibni Hassanal Bolkiah Dr. CHEN TAN SRI DATO LAU General Li
Almarhum Sultan GUANGSENG BOON
Iskandar

Sultan Of Johor Sultan and Yang di- Godfather of Lithium MD of the Asia Established Military
Pertuan of Brunei BatteriesGlobally Pacific business unit Office in China
renowned scientist of aeroports de paris
and Manufacturer of
Lithium Cells
GLOBAL NETWORK

Admiral Rinaldo Kai Baetge IVAN TUONG Klaus Baetge RANGA


Veri RAMANUJAM

Unabhangige Evolet Joint venture Chairman ALAGIAMANAVALAN


Rissala Joint Beratungen Group partner in Malaysia Unabhangige Evolet Joint venture
Venture Partner in germany and and Singapore Beratungen Group partner in Hungry and
Italy switzerland germany Denmark
MARKET ACTIVATION
SOCIAL PRESENCE
ON GOING RESEARCH AND DEVELOPMENT

MEVEE ELECTRIC POWER WEEDER ULTRON


Evolet Electric
Warriors Belief & Mission.

Healing Mother Earth!!!

Happy, Sustainable, Affordable,


Green Mobility For Each & Everyone.
Just Like Our Ageless Companion
- The Horse.

www.evoletindia.com Toll Free : 8-1011-1011-0

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