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Motorcycle maker Ultraviolette to accelerate commercial operations in 2025

Business Standard LogoBusiness Standard2d ago

Motorcycle maker Ultraviolette to accelerate commercial operations in 2025 - Business Standard

Quick Summary:

Electric premium motorcycle maker Ultraviolette is scaling up its commercial operations, targetting monthly sales of 1,000 units a month by the second half of 2025 while also gearing up to enter European and other international markets next year, according to top company officials.

The company plans to increase its sales network to 30 cities next year from 12 cities at present, having put in place the technology base for its product and validated through real-world testing, Ultraviolette CTO and co-founder Niraj Rajmohan told PTI.

It also gives us that ability to sustainably produce and be economically viable from a company operating standpoint," he said.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-29 @ 12:15:44 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 638 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24721028

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Official Website: business-standard.com

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