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Ultraviolette we have heard this name when it comes to electric bikes and we must admit that they are doing pretty well in the market. Bengaluru-based company has taken big steps to make its EV bike a reality as it bids to expand globally, as begins delivering its high-performance electric motorcycle, the F77, to customers.
This milestone marks the start of the company’s next phase of growth, which will see it establish dealerships across India and accelerate its expansion into new international markets.
To fuel its ambitious expansion strategy, Ultraviolette Automotive is aiming to raise a massive $120 million from investors, building on the $55 million. it has already been secured from backers including Qualcomm Ventures, TVS Motor Company, and Zoho Corp.
The company’s founders, Narayan Subramaniam, and Niraj Rajmohan are confident that the F77’s “stunning design and exhilarating performance” will appeal to electric motorcycle enthusiasts both in India and abroad, and are eager to scale up their vehicle development platform with the infusion of new funds.
I know you are excited about the delivery of F77’s first batch of bikes rolling out. The F77 Deliveries have started from 25th February 2023. These bikes are baked fresh from the factory’s oven located near Banglore. However, the company will open a new showroom in Bangalore in March 2023. So you can book your bike from there and make it yours.
|Acceleration||0-60kmph in 2.9 seconds and 0-100kmph in 7.8 seconds.|
|Modes||Glide, Ballistic, and Combat|
Statements from the Founder and Co-Founder
“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,” said Narayan Subramaniam
“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.” said Niraj Rajmohan
F99 at Auto Expo 2023
After launching the F77 for the Indian market in 2022 at a price range of 3.8-4.55 Lakhs, the company experimented with another product called F99 unveiling it at the AutoExpo 2023. F99 is typically a racing bike that comes with waves of electric features and futuristic designs.
|Acceleration||0-100 within 8 seconds|
However, the dates of the launch of F99 are under the cloak but we can expect the company to make a public announcement soon.
The founders of Bengaluru-based Ultraviolette Automotive, Narayan Subramaniam and Niraj Rajmohan the experts in the automobile industry have been friends for 20 years, and recently in 2016, they joined hands to give birth to Ultraviolette quitting their jobs. Today the company has over 100 employees working for the revolution of Electric vehicles in India.
The company’s vision is to compete against American giants like Harley-Davidson who are being patronized by their customers. They wish to set a sound footing in the global market by competing for high-end electric motorcycles. The company also wishes to launch a fight against the 300 and 500cc petrol bikes around the globe.
The background of the founders is jaw-dropping, Niraj Rajmohan has worked in India(Bangalore) and for US firms. On the other hand, Narayan Subramaniam has developed his automobile talents while working for automobile giants like Toyota and Volkswagen in Japan and Germany.
With the delivery of the F77 electric motorcycle to customers, Ultraviolette Automotive is taking a giant leap forward in its bid to establish itself as a global leader in the electric vehicle space. The company’s ambitious plans to raise $120 million from investors to fund its expansion plans highlight its determination to succeed.
With its eye-catching design and exceptional performance, the F77 has the potential to appeal to electric motorcycle enthusiasts around the world. With a well-established network of dealerships across India and a growing presence in international markets, Ultraviolette Automotive is poised to become a major player in the electric vehicle market, offering a new and exciting alternative to traditional gasoline-powered motorcycles.