Ultraviolette secures $85 million to expand its electric motorcycles worldwide
The Indian maker raises fresh capital to support product development, sales growth and expansion into new markets.
Ultraviolette has completed an $85 million Series E funding round, giving the company fresh momentum to push its electric motorcycles beyond India. The business plans to strengthen development, manufacturing and commercial reach in several markets.
For the green mobility sector, this is another sign that Asian manufacturers are betting heavily on high-performance zero-emission two-wheelers. Europe could be among the targets, as demand for electric motorcycles grows but still depends on convincing products and the right charging ecosystem.
Ask MOTORINEWS24
Questions about this article or the world of motors
Frequently asked questions
Motor questions only · max 3 per day
3 questions left today