The investment comes as the Bengaluru-based EV maker scales production, develops next-generation electric platforms and prepares for global expansion, including a US entry in 2027. Ultraviolette has announced a fresh $85 million funding round, led by deep-tech investment firm Yali Capital and TDK Ventures, with participation from existing and long-term investors. A notable addition to… Continue reading Intel CEO Mr Lip-Bu Tan backs Ultraviolette in $85 Million funding round
Tag: Ultraviolette Tesseract
Ultraviolette BIGGA factory to scale production to 2.5 lakh units annually, tesseract to lead expansion
Ultraviolette has announced a major expansion of its manufacturing footprint with the upcoming BIGGA (Big Global Ambition) Factory in Hosur, Tamil Nadu. The new facility is designed to support the company’s next phase of growth, with production capacity planned to reach 2,50,000 vehicles annually, while the infrastructure can eventually scale up to 5,00,000 units per year. Located at SIPCOT Industrial… Continue reading Ultraviolette BIGGA factory to scale production to 2.5 lakh units annually, tesseract to lead expansion