Following the successful nationwide unveiling of its high-performance motorcycle - the F77, Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, announced that it had received an additional investment of Rs 30 Crore from TVS Motor Company. This investment is part of its latest round (Series B) of funding.
To accelerate the adoption of electric vehicles in India, Ultraviolette Automotive set-out to build India’s first high-performance electric motorcycle – the F77, three years ago. The company unveiled the pre-production version of the F77 in November 2019, setting new benchmarks in the Indian EV industry, and is now gearing up towards launching the motorcycle in the market.
The F77 is high-end technology, and a high performance-oriented motorcycle built with principles used in the aviation industry - right from the advanced engineering simulations, multi-level safety systems to the design identity of the motorcycle. The F77 is a smart and connected electric motorcycle that comes with remote diagnostics over-the-air (OTA) upgrades, regenerative braking, multiple ride modes, bike tracking, ride diagnostics and a whole lot of other features.
The Ultraviolette F77 will first be rolled out next year with expanding national availability planned in phases.
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