Ultraviolette automotive

TVS Automobile-backed Ultraviolette Automotive an electric motorcycle manufacturing start-up has announced that it is setting up its first manufacturing and assembly facility near Electronics City, Bangalore. Production of its high-performance electric motorcycle – the F77– will begin in Q1 CY2022 and the first batch of motorcycles will be rolled out in the market in March, 2022. It may be recollected that the company had first showcased the pre-production version of the F77 in November 2019. Ultraviolette says its manufacturing facility is spread over 70,000 square feet, will manufacture 15,000 electric motorcycles in the first year, and will rapidly scale up to an annual capacity of 120,000 units. This will generate employment for over 500 employees, who will be trained on electric vehicle manufacturing and assembly over the next 5 years. Narayan Subramaniam, founder and CEO, Ultraviolette,said, “This is an important milestone for us in our journey towards building a superior EV experience for India and international markets. We chose this location given its strategic proximity to our R&D facility in Bangalore as well as a strong supply-chain ecosystem in and around the region. We have received an overwhelming response for the F77 and this facility will help us cater to that demand over the next few years. Most importantly, the F77 has been designed and built indigenously and over 90% of the vehicle including the battery packs, will be manufactured using locally sourced ...

In fact, as part of its global ambition, Ultraviollete Automotive has announced plans to raise $120 million (Rs 990 crore) to fund its global expansion plans and support its vehicle development platform. Till date, the start-up has raised over $55 million (Rs 453 crore) from investors including Exor Capital, Qualcomm Ventures, Narayan Subramaniam, CEO and Co-Founder, Ultraviolette said, “The F77 is a result of our pursuit of creating an electric motorcycle that is a head-turner across all parameters. Its stunning design and exhilarating performance are one-of-a-kind and proudly Indian in every aspect.” With deliveries underway, Ultraviolette is now turning its attention to expanding its presence both nationally and globally. It is establishing a network of dealerships nationwide and is also working towards accelerating its expansion into new international markets, where it sees a growing demand for performance electric motorcycles. Niraj Rajmohan, Co-Founder and CTO, Ultraviolette said, “Our investors share our vision for the future of transportation. With the commencement of deliveries of the F77, it’s vital that we keep looking forward and pushing through to Ultraviolette’s next phase of growth. The infusion of funds from partners who share our vision will enable Ultraviolette to scale new vehicle programs, expand our domestic footprint, and accelerate international product rollout.” Get live

Ultraviolette Automotive recently conducted a private test ride of the highly anticipated F77 electric motorcycle in India. The production-ready version of the F77 was on display during the test ride of this futuristic-looking, performance-oriented electric motorbike at the TAAL Aerodrome in Tamil Nadu, India, in advance of its public release in the market In July, 2022, the company announced that the production ready version of the BikeWale, beginning in September 2022, Ultraviolette will launch the public test drives of this product, the company confirmed. The organization continued by saying that it has received over 65,000 pre-order inquiries from 190 different nations. One of the most exciting brands of electric vehicles in India, in the opinion of many EV aficionados, is Ultraviolette. While many other Indian manufacturers concentrate on producing ultra-cheap, budget-friendly two-wheelers, Ultraviolette approaches the market with a focus on performance. The forthcoming F77 has performance numbers comparable to a 400- to 500-cc internal-combustion motorcycle. ⠀ Watch The Ultraviolette F77 Electric Bike Do Some Road Testing Now that it's confirmed that the Ultraviolette F77 is indeed ready for production, it won't be surprising if initial deliveries of the highly anticipated electric motorbike would begin before the end of 2022. We previously reported that the initial production number for the F77 was limited to 15,000 units, with the company set to adjust its producti...

Ultraviolette Automotive General Information Description Developer of electric two-wheeler vehicles designed to offer clean energy and sustainable transportation to customers. The company's vehicles are capable of rapid acceleration with just a twist of the throttle, offering the rider a high-performance motorcycling experience, enabling customers to get full access to futuristic mobility vehicles. Contact Information Ultraviolette Automotive Valuation & Funding Deal Type Date Amount Raised to Date Post-Val Status Stage 7. Later Stage VC $120M Upcoming Generating Revenue 6. Later Stage VC (Series D) 22-Nov-2022 0000 000.00 00000 Completed Generating Revenue 5. Later Stage VC (Series C) 10-Dec-2021 000.00 000.00 00000 Completed Generating Revenue 4. Early Stage VC (Series B) 03-Sep-2020 00.000 00.000 Completed Generating Revenue 3. Early Stage VC (Series A) 13-Aug-2018 00.000 00.000 00.00 Completed Generating Revenue 2. Early Stage VC 07-Dec-2017 $771K $771K 00.000 Completed Generating Revenue 1. Seed Round 01-Jan-2017 Completed Generating Revenue Ultraviolette Automotive Cap Table Stock # of Shares Authorized Par Value Dividend Rate (%) Original Issue Price Liquidation Liquidation Pref. Multiple Conversion Price % Owned Preference 00 00.000000 00000.00 00000.00 00 00000.00 0.000 Ordinary 0,000 00.000000 00000.00 00000.00 00 00000.00 0.000 Preference 6,864 $0.122226 $2326.99 $2326.99 1x $2326.99 7.79% Ordinary 18,698 $0.122226 $90.45 $90.45 1x $90.45 21.22% Ultraviolette Au...

Of course, the market slowed down just months later, and Bangalore-based Ultraviolette Automotive had its plans delayed by a bit. However, the subsequent months were spent in perfecting the electric bike and getting ready for mass production. Narayan Subramaniam and Niraj Rajmohan, the founders of the startup, gave TechRadar an exclusive sneak peek at what they have been up to over the last few years, what’s changed, and how they are building one of the most technologically advanced two-wheelers in the world — ahead of the Ultraviolette F77 launch later this year. Ultraviolette F77 specs and features Before we dive in, here’s a quick refresher on Ultraviolette Automotive. Founded in 2015, the company unveiled its maiden offering in November 2019 in the form of the F77 electric bike. Along with a superbike-like design, it boasted specs such as 147 kmph of max speed, 0-60 in under 3 seconds, 450 Nm of torque and a range of over 100 km on a single charge. Most of 2020 was spent on improving the drivetrain and onboard systems. The tech has reached a nominal level and is now undergoing endurance testing. With the final testing underway, Ultraviolette will soon commence the mass production of the F77. The location of the manufacturing facility has not been revealed. The supply will be limited to 10,000 units a year for now to ensure a tight control on the quality – and thus, the experience. For the initial period, sales will take place through company-owned stores, starting with...

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