Ultraviolette raises $85 million to grow and target overseas markets

Ultraviolette, an Indian startup focused on electric two-wheelers, has secured $85 million in a new funding round. The goal is to increase production capacity and support expansion beyond India in an increasingly competitive green market.

For the industry, this is a significant signal: emerging Asian brands are no longer looking only at their home market, but want to challenge global players in Europe and other countries too. For EV watchers, it is another step in the race toward zero-emission motorcycles.