Evolet is a part of Gurugram based Rissala Electric Motors Pvt. Ltd. which manufactures electric scooters, motorcycles, quad bikes, ambulances, and buses. The company is led by Veteran Defense Officers, Mr. Kamaljeet Kataria, Colonel Ajay Ahlawat and Squadron Leader Prerana Chaturvedi.The Brand ‘Evolet’ along with its range of models were unveiled on 4th September 2019 at Delhi. The manufacturing plants are situated in Haryana, Hyderabad, and Chennai offering 13 products in various segments.

Evolet products are available in the states of Delhi, Haryana, Uttar Pradesh, Bihar, Punjab, Chandigarh, Rajasthan, Maharashtra, Telangana, Tamil Nadu, Gujrat, Madhya Pradesh besides Nepal, Bangladesh, and Malaysia. The company has 9 products including e-scooter, e-bikes, e-quad bikes, e-auto, e-moped, and e-bus.