Denemek ALTIN - Özgür

Inside Ultraviolette's Tryst With Fast E-bikes

Mint Hyderabad

|

May 20, 2025

All of Ultraviolette's current laurels rest on its motorcycle, the F77. It is the costliest Indian-made electric two-wheeler on the road.

- T. Surendar

Tucked away in a dusty small bylane, in an industrial area outside Bengaluru, a dozen crates get ready for shipment. The crates, which will be put in a container and sent to Germany, contain electric motorcycles made in one large shed that doubles up as a factory.

The motorcycles are no pushovers. Even at their introductory price of £8,499 in the UK, they will be the most expensive Indian two-wheeler export. They will sport fit, finish and safety standards exacting regulations in western European markets.

The specifications—like engine power, top speed and distance travelled per charge of battery (range)—are expected to be comparable to global competitors like Harley Davidson and Zero Motorcycles. However, when it goes on sale next month, European consumers will find the price tag to be significantly lower.

For Ultraviolette Automotive, a startup founded in 2015 by two engineering college batchmates, Narayan Subramaniam and Niraj Rajmohan, it would be the moment of reckoning. While its competitors decided to make mass-market scooters, Ultraviolette chose the harder path—a street electric motorcycle, which in the automotive world is considered a hard engineering problem.

Many argued that it would be impossible to build a motorcycle with a large and heavy battery for long range; it could heat up at high speeds and compromise stability. But Ultraviolette managed to put it all together in its F77 model. The company has already sold 1,500 of them in India since its domestic launch in March 2023.

Mukul Ingle from Pune bought a F77 in February 2024 and rode 16,500 km on it thus far. "My Pune biking club has over 500 members riding mostly premium combustion engine motorcycles. My respect for the F77 is only growing. Most can't believe that my motorcycle hasn't had a glitch so far and that I have saved at least ₹50,000 in fuel costs," he says.

Mint Hyderabad'den DAHA FAZLA HİKAYE

Mint Hyderabad

ONGC backs rupee bond after 15 years

State-run Oil and Natural Gas Corp (ONGC) has provided its first guarantee in 15 years for a rupee-denominated bond, likely to be issued by a subsidiary this quarter, three sources aware of the matter said on Thursday.

time to read

1 min

October 10, 2025

Mint Hyderabad

Mint Hyderabad

Silver ETFs soar on festive demand, supply crunch

\"In the past three to four weeks, we have seen a surge in silver demand,\" said Vikram Dhawan, head of commodities and fund manager at Nippon India Mutual Fund, which runs the largest gold and silver ETFs in the country.

time to read

2 mins

October 10, 2025

Mint Hyderabad

Mint Hyderabad

The dollar is far from dead and the yuan is not staging a coup

Greenback doomsayers got it wrong. The dollar's reign is not over

time to read

3 mins

October 10, 2025

Mint Hyderabad

Akasa co-founder Khatri exits after ₹1,200 cr funding

Ex-IAF officer's departure is the first from the founding team since the carrier's 2022 launch.

time to read

1 mins

October 10, 2025

Mint Hyderabad

Andreessen Horowitz to open office in Bengaluru

Andreessen Horowitz, one of the world's biggest venture capital funds, is setting up an office in Bengaluru, multiple people familiar with the development said.

time to read

1 min

October 10, 2025

Mint Hyderabad

An AI bubble mustn’t distract us from the AI revolution

Every major technological boom attracts sceptics. Today, that chorus is growing louder around artificial intelligence (AI).

time to read

3 mins

October 10, 2025

Mint Hyderabad

Tax residency depends on your travel pattern and primary base

I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.

time to read

2 mins

October 10, 2025

Mint Hyderabad

Mint Hyderabad

Nestlé looks beyond Maggi, bets on India petcare boom

Nestlé SA sees India as a potential top-three global petcare market after the US and China

time to read

2 mins

October 10, 2025

Mint Hyderabad

LG India's $1.3 billion IPO subscribed 54x

LG Electronics Inc.'s $1.3 billion initial public offering (IPO) of its Indian unit was subscribed 54 times on the final day of book building, making it India's second most heavily bid billion-dollar-plus issue.

time to read

1 min

October 10, 2025

Mint Hyderabad

Celebrating the snake in jewellery and art

An exhibition in Mumbai reiterates the power of the serpent motif in ornamentation and shines a light on Jaipur's wealth of gemstones

time to read

2 mins

October 10, 2025

Listen

Translate

Share

-
+

Change font size