Ultraviolette to triple capacity to 1.5 lakh units, double experience centres ahead of Tesseract launch
Bengaluru-based EV maker Ultraviolette plans to lift annual capacity from 50,000-60,000 to 1.5 lakh units and expand experience centres from 45 to ~100 across India. Backed by 80,000 bookings and a planned IPO, it targets 1,000 monthly sales by end-2026, with Tesseract e-scooter deliveries slated for Q1 2027.
What happened
Ultraviolette Automotive · Ultraviolette plans to triple annual capacity to 1.5 lakh units and nearly double experience centres to 100 across India ahead of its
Key facts
- 1.5 lakh units annual capacity
- 50,000-60,000 current capacity
- 1,000 monthly units target
- 80,000 bookings
- 45 experience centres
- ~100 centres target
- 600+ monthly motorcycles
- 19 export countries
- Q1 2027 deliveries
Why this matters
Ultraviolette's expansion and IPO ambitions signal a maturing EV player worth tracking for partnership, supply, or investment entry points ahead of the Tesseract launch.
What to watch
- Monthly sales run-rate versus the 1,000/month end-2026 target
- Actual experience-centre openings against the ~100 goal
- Booking-to-delivery conversion rate for existing 80,000 bookings
- IPO filing/DRHP timing and valuation signals
- Tesseract delivery timeline holding at Q1 2027
- Lock component and battery supply contracts to underpin the 1.5 lakh unit target
- Sequence experience-centre openings in Tier-1 metros first to protect unit economics
- Convert bookings to firm orders with financing tie-ups ahead of Tesseract deliveries
- Time IPO filing to capitalise on capacity and retail expansion story