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ULTRAVIOLETTE AUTOMOTIVE FUNDING
TVS Motor-backed Ultraviolette Automotive to list in FY27Ola Electric, which listed on the bourses in August last year, raised ₹6,145 crore through its IPO. Hero MotoCorp-backed Ather Energy, whic...- Ultraviolette Automotive to line up three new electric motorcycles, along with a long-range scooterUltraviolette Automotive has produced India's fastest electric motorcycle and drawn major investments. The company plans to expand its rang...
- Ola’s plans around EVs, quick commerce, more out on Independence DayOla Cabs rebranded itself as Ola Consumer to go beyond ride-hailing and also launched fully automated dark stores for use by ONDC. On Indep...
- FAME to flaming out: What is plaguing India’s green mobility future?Lack of clarity over the extension of the FAME subsidy scheme, delayed subsidy disbursement and the prospects of a drawn-out investigation ...
- ADIA, Goldman Sachs, Carlyle eye TVS Motors' EV arm with $300 mn-$350mn chequeIf the deal takes place at this valuation, it will become the most valuable two-wheeler EV company in the country. The current market value...
- Ultraviolette aims to sell 15,000 e-sports bikesAfter the first year, the company aims to push up annual sales to about 50,000 units, as deliveries start to export markets such as Europe ...
- Ferrari backer, Qualcomm invests $24 mn in EV bike maker UltravioletteThe funds from Lingrotto and from Qualcomm will be deployed towards ramping up the company’s presence in India, subsequent expansion in int...
- Ultraviolette Automotive raises undisclosed amount in fundingThe investment from Exor will be utilised in expanding the company's footprint pan-India, ramping up sales of the electric bike in the dome...
- Ola Electric raises $200 million in fresh funding at $5 billion valuationOla Electric is said to use the funding to ramp up its plans for bringing out newer electric scooters, expand its charging infrastructure a...
- TVS Motor Company makes fresh investment in Ultraviolette AutomotiveTVS Motor has made fresh investment in the electric bike maker Ultraviolette Automotive. Zoho Corporation has joined along with TVS Motor i...
- Ultraviolette Automotive raises capital from GoFrugal Technologies in Series B fundingUltraviolette Automotive had unveiled its high-performance electric motorcycle F77 in November last year.
- Tamil Nadu electric vehicle policy draft may have sops for early adoptersTo encourage EV purchases, the draft policy also suggests waiving road tax – again with a 5-year validity period – for those who buy electr...
- EV startups crank up efforts as nation turns electricThe Centre wants to support mass adoption of ecofriendly rides to tackle the toxic haze of air pollution over cities and towns.
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