Automobile2h ago
Ultraviolette targets 3 lakh unit production capacity by mid-2027
AI EXECUTIVE SUMMARY
Electric motorcycle manufacturer Ultraviolette plans to achieve an annual production capacity of 300,000 units by mid-2027. The growth relies on establishing a new facility in Hosur and expanding its current Bengaluru plant, backed by a significant multi-year financial investment.
WHY IT MATTERS
This massive production scale-up signals Ultraviolette's aggressive ambition to capture a larger share of the electric two-wheeler market and meet anticipated future demand.
Ultraviolette is targeting a combined annual manufacturing capacity of approximately 3 lakh units by mid-2027, co-founder and CEO Narayan Subramaniam has said. The figure combines the 2.5 lakh-unit capacity of the newly announced BIGGA Factory in Hosur with an expanded capacity of around 50,000 units at the company's existing Bengaluru plant, which is also being upgraded. The company plans to invest around Rs 1,000 crore across both facilities over the next five years โ approximately Rs 200 cror...
This story was originally reported by Autocar India. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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