Ultraviolette raises $85M Series E to scale EV production and target US entry
Indian electric two-wheeler maker Ultraviolette has raised $85 million in a Series E led by Yali Capital and TDK Ventures. The company plans to use the capital for manufacturing scale-up, next-generation product development and international expansion, with a US market entry targeted for 2027.
What happened
Indian electric two-wheeler maker Ultraviolette raised $85 million in a Series E led by Yali Capital and TDK Ventures to scale manufacturing, develop
Key facts
- $85 million
- 2027
Why this matters
Ultraviolette’s planned US expansion creates a potential partnership opportunity for dealers, mobility platforms, battery suppliers and service networks seeking an EV two-wheeler foothold.
What to watch
- Announced annual production capacity, factory commissioning dates and delivery-backlog trends.
- US certification, import, safety and battery-compliance milestones.
- Named US distributors, dealer groups, experience-center locations or service-network partners.
- New model launches that reduce price points or broaden the addressable market beyond premium motorcycles.
- Evidence of unit-economics improvement, gross-margin expansion, battery cost reductions and repeat funding needs.
- Competitor pricing and incentive actions from established electric-motorcycle and premium two-wheeler brands.
- Expand manufacturing capacity and automate battery, powertrain and vehicle assembly operations.
- Launch or preview next-generation models aimed at broader performance and commuter price bands.
- Build international homologation, warranty, parts and service capabilities ahead of export scale-up.
- Test overseas demand through distributor partnerships, flagship experience centers, pre-orders and motorsport or enthusiast marketing.
- Seek follow-on strategic partnerships with battery, electronics, retail-distribution or mobility-finance players.