Saturday, April 20, 2024

Ultraviolette Begins Deliveries oF F77 In Bangalore

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Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, is proud to announce that it has commenced deliveries of the F77, India’s first high-performance electric motorcycle, to customers at its manufacturing facility in Bengaluru. This milestone marks the start of the company’s next stage of growth, which includes setting up dealerships nationwide and expanding its global presence.

Commenting on the milestone, Narayan Subramaniam, CEO and Co-founder of 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. We cannot wait for customers across India to experience the F77, and we are deeply committed to taking the brand global. We are confident that our vehicles will exceed our customers’ expectations and that we will continue to drive innovation in the electric vehicle space.”

With deliveries underway, Ultraviolette is now turning its attention to expanding its presence both nationally and globally. The company is establishing a network of dealerships nationwide, making it easier for customers to purchase and service their Ultraviolette electric vehicles. Ultraviolette is also accelerating its expansion into new international markets, where it sees a growing demand for performance electric motorcycles.

To support the next stage of growth, Ultraviolette is also announcing plans to raise $120M in a fresh round of investment. The funds will fuel the company’s global expansion plans and support its ongoing vehicle platform development efforts. Ultraviolette has raised over $55 million since inception, and previous financing rounds have seen participation from leading investment companies including Europe’s EXOR Capital, US-based Qualcomm Ventures, TVS Motor Company, Zoho Corp, Gofrugal Technologies and Speciale Invest.

Ultraviolette F77

“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,” said Niraj Rajmohan, Co-founder and CTO of Ultraviolette. “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”, he added.

With the commencement of deliveries, the F77 is the fastest, most technologically advanced, and most stunning electric two-wheeler on Indian roads today. Imagined, designed, and made entirely in India – the F77 sets a new benchmark for two-wheeler R&D in India and exceeds all expectations in terms of design and performance.

The F77 is available to customers starting at an ex-showroom price of INR 3.8 lakh and comes in three forms – Airstrike, Shadow, and Laser which reflect three striking personalities. Each of the forms comes in two variants – the F77 and the F77 Recon with an IDC Range of 206 km and 307 km respectively. Both enthusiasts and seasoned riders can book their own F77 on the official website: https://www.ultraviolette.com.

Recently in January, Ultraviolette also unveiled the F99 Factory Racing Platform to the world at the Auto Expo 2023, signalling its foray into electric motorsports as a development ground for cutting-edge advanced technologies in mobility. With the F77 and F99, Ultraviolette has proven that India can develop EV platforms that match and exceed global benchmarks, and the company is proud to soon take the brand to global markets.

Mohit Soni
Mohit Sonihttps://www.thrustzone.com/
NOT A Commander, Director, Editor-In-This/ That, CEO, MD, President, Entrepreneur, etc etc. Just a first employee at Thrust Zone with a team of enthusiasts who love car and motorcycles more than anything else in the world, just like I do. Hashtag blessed

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