Ultraviolette to Establish BIGGA Factory in Hosur
12 Articles
12 Articles
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 […]
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