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TDK Ventures Invests in Ultraviolette to Accelerate Electrification of Motorcycles - CleanTechnica

TDK Ventures' $21 million investment supports Ultraviolette's expansion into 20 Indian cities and 10 EU countries, targeting rapid growth in the $50 billion Indian electric two-wheeler market.

Summary by Clean Technica
India is the world’s largest two-wheeler market, accounting for nearly 40% of global motorcycle sales. Electrifying this critical sector presents a massive opportunity to cut carbon emissions and deliver cleaner urban mobility. The Indian electric two-wheeler (2W) market is projected to exceed $50 billion within the decade Bangalore-based Ultraviolette has ... [continued] The post TDK Ventures Invests in Ultraviolette to Accelerate Electrificati…

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01net broke the news in on Tuesday, August 12, 2025.
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