Ultraviolette, the electric motorcycle manufacturer, has set its sights on a significant scale-up in 2025, where the company would scale up operations multifold. According to the company, in the second half of the year, the company will witness monthly sales of 1,000 units due to strong domestic demand and international market entry. Co-founder and CTO Niraj Rajmohan disclosed that Ultraviolette is planning to enter the European and other global markets next year.
The company currently operates in 12 Indian cities, with an aim to take sales and services to 30 cities by 2025. The company has sold as many as 1,000 units of its electric bike F77 Mach 2, priced starting ₹2.99 lakh. Scaling up operations is the need of the hour now. “Ultraviolette has stabilised its product and technology, making operations sustainable and economically viable, making it ready for aggressive growth,” said Rajmohan.
While the domestic market has tremendous potential for the company, Ultraviolette will test its pilot programs in international markets. This will ensure that operational processes are ready for a full-scale rollout. Narayan Subramaniam, CEO and co-founder, asserted that the company will stick to motorcycles. Within two to three years, Ultraviolette will launch new models across multiple price points without venturing into mass-market electric scooters.
Ultraviolette is currently self-sufficient, backed by TVS Motor Co. However, Rajmohan hinted that the company may seek additional investments to support its ambitious growth objectives. On the topic of going public, he explained that the firm is prioritizing sustainable and profitable growth before considering an IPO. A public listing is expected after a minimum of 18 months.
With its focus on the most advanced technology, global markets expansion, and dedication to innovation, Ultraviolette is going to make itself a very significant electric motorcycle player in India as well as internationally. For this company, 2025 is going to be an all-transformation year where it is going to mold the future of sustainable mobility.
