Ultraviolette Invests Rs 200 Crore to Expand EV Production
Ultraviolette's Electrifying Expansion in Karnataka | Business
Ultraviolette Automotive has announced a Rs 200 crore investment in the first phase of its capacity expansion in Karnataka The electric motorcycle maker revealed the investment plan targeting a five-year timeline to enhance its manufacturing capabilities in the state The expansion will include a new plant capable of producing 15 lakh units annually in its second phase though the funds for this phase remain undecided at this stage
Ultraviolette Automotive has announced a Rs 200 crore investment in Karnataka to expand its electric motorcycle manufacturing capacity. The first phase will establish infrastructure for the planned second phase, capable of producing 15 lakh units annually. The company aims to strengthen its production capabilities over a five-year timeline.
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