As of March 26, 2025, Evolet Motors, officially known as Rissala Electric Motors, is a private company specializing in electric vehicles, including scooters, motorcycles, and buses. Since its inception in 2019, Evolet has been at the forefront of developing sustainable transportation solutions in India.
Company Overview
Evolet Motors was founded by veterans of the Indian Army and Air Force, embodying principles of discipline and innovation. The company’s product lineup features a diverse range of electric vehicles (EVs), such as scooters, motorcycles, quad bikes, mopeds, autos, ambulances, and buses, all certified by ARAI and ICAT.
Financial Insights
As a privately held entity, Evolet Motors is not listed on any stock exchange, and therefore, does not have a publicly traded share price. Investors interested in the electric vehicle sector might consider publicly listed companies such as Tata Motors, Bharat Electronics, and Hero MotoCorp, which are actively involved in EV development and have their shares traded on stock exchanges.
FAQs
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Is Evolet Motors a publicly traded company?
No, Evolet Motors is a private company and does not have publicly traded shares.
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How can I invest in Evolet Motors?
Direct investment in Evolet Motors is not possible through public stock exchanges. Interested investors would need to contact the company directly for private investment opportunities.
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What products does Evolet Motors offer?
Evolet Motors offers a range of electric vehicles, including scooters, motorcycles, quad bikes, mopeds, autos, ambulances, and buses.
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Are there any publicly traded companies similar to Evolet Motors?
Yes, companies like Tata Motors, Bharat Electronics, and Hero MotoCorp are publicly traded and have ventures in the electric vehicle sector.
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Where can I find more information about Evolet Motors?
For more details, you can visit Evolet Motors’ official website at www.evoletindia.com.
While Evolet Motors does not offer public investment opportunities, the company’s dedication to advancing electric mobility contributes significantly to the evolving landscape of sustainable transportation in India.
