Ultraviolette to invest Rs 1,000 crore in Karnataka, Tamil Nadu; Hosur plant to add 2.5 lakh capacity

Ultraviolette plans ₹779 crore investment in new Hosur factory

The electric vehicle manufacturer anticipates the product mix would be 50-50 between scooters and motorcycles in next 3-4 years with its Tesseract scooter

Ultraviolette to invest Rs 1,000 crore in Karnataka, Tamil Nadu; Hosur plant to add 2.5 lakh capacity

Bengaluru-based EV maker says Hosur facility will create up to 3,000 direct jobs and scooters are expected to account for half of volumes at scale

Ultraviolette to invest Rs 1,000 crore, target 5 lakh-unit capacity

Ultraviolette Automotive plans to invest around Rs 1,000 crore over the next five years to expand its manufacturing, supply chain and production capabilities as the Bengaluru-based electric two-wheeler manufacturer prepares to increase volumes and broaden its product portfolio. Of the planned investment, around Rs 200 crore will be allocated to expand the company’s existing facility, […]

Ultraviolette Plans $82 Million EV Plant in Tamil Nadu

Indian electric motorcycle maker Ultraviolette Automotive plans to invest 7.79 billion rupees ($81.93 million) in a new manufacturing plant in Hosur, Tamil Nadu, as demand for electric two-wheelers grows. The facility will initially have an annual production capacity of 250,000 vehicles, with plans to expand it to 500,000 units as demand increases. It will support […]

Ultraviolette investing Rs 1,000 crore for 5 years; target 5 lakh-unit capacity

Ultraviolet has announced that it is investing Rs 200 crore to expand the brand’s existing manufacturing facility while the rest is marked for new plant in Tamil Nadu.