Ultraviolette sees Indian motorcycle market going 20% electric in 2-3 years
· economictimes.indiatimes.com
Ultraviolette Automotive anticipates electric motorcycles will capture twenty percent of India's market soon. The company is investing heavily in a new manufacturing facility in Tamil Nadu. This expansion will significantly increase production capacity for their electric vehicles. Ultraviolette plans to launch several new models, including more affordable options. The firm also aims to expand its presence into North and Latin American markets.
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