Electric motorcycle in a modern Karnataka factory.
Electric motorcycle manufacturer Ultraviolette Automotive is set to invest Rs 200 crore (approximately $24 million) in Karnataka, India, to expand its production capabilities. The company’s plans include establishing a new production plant with an annual capacity of 150,000 units during the second phase of its expansion.
This investment signals Ultraviolette’s confidence in Karnataka’s electric vehicle (EV) ecosystem and talent pool. The company aims to bolster its commitment to accelerating the growth of India’s electric mobility sector through this expansion.
The move reflects a broader trend of increasing investment in India’s EV sector, as both domestic and international players seek to capitalize on the country’s growing demand for electric vehicles. Ultraviolette’s expansion aligns with the Indian government’s push to promote electric mobility and reduce reliance on fossil fuels.
Ultraviolette Automotive, based in Bangalore, is focused on developing high-performance electric motorcycles. The company’s investment in Karnataka will not only increase its production capacity but also contribute to the growth of the local EV manufacturing ecosystem.
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