Electric & GreenSmart
Ultraviolette secures $85 million to expand EV production
The Indian brand is speeding up manufacturing, model growth and overseas expansion after a new funding round.
25 September 2026 1 min read 30 views
Ultraviolette, an Indian startup focused on electric motorcycles, has completed an $85 million capital raise to support industrial growth and expansion beyond its home market.
The money will be used to increase production capacity and strengthen the company’s international footprint, as the battery-powered two-wheeler segment looks for scale and greater visibility in Europe too. For the green mobility sector, the deal signals India’s ambition to play a larger role in the electric two-wheel market.