Ultraviolette Automotive To Invest $100 Million In Next Few Years, Targets sales of 100,000 Units

Ultraviolette Automotive

Bengaluru-based electric vehicle company Ultraviolette Automotive has revealed its ambitious plans for the future, which include the unveiling of the Tesseract e-scooter and Shockwave, a street-legal e-bike.

The new products will be available in Q1 of CY2026, with introductory prices starting INR 120,000 for the first 10,000 units and INR 149,999 for the first 1,000 units, respectively.

This marks a paradigm shift from the company's focus on premium, performance-oriented e-motorcycles, the F77 and F99. The idea is to reach out to a new set of customers looking for premium products that are affordable and tech-loaded. 

Furthermore, in a conversation with Motoring Trends, Niraj Rajmohan, CTO, Ultraviolette Automotive, revealed that the company is looking to achieve sales of 100,000 units per annum in the next 3-5 years. For context, the company sold 257 units in 2023 and 407 units in 2024.

This also means that the company will be looking to expand its production capacity from the existing 30,000 units in Electronics City in Bengaluru. To date, the company has invested around USD 60 million, and it anticipates that it will further invest USD 70 million to USD 100 million in the next few years.

Furthermore, the company will launch around 9 new products across categories and variants in the next 3 years to meet a wide variety of customer needs.

Oben Electric Begins Deliveries Of Rorr Evo E-Motorcycle

Oben Rorr Evo

Bengaluru-based electric vehicle manufacturer Oben Electric has commenced deliveries of the Rorr Evo motorcycle with an initial delivery event in Bengaluru.

The company plans to roll out deliveries across its 150 showrooms nationwide in the coming weeks.

The launch follows 25,000 bookings received within 15 days of the motorcycle's launch in May 2026. Oben Electric stated that it is scaling production to meet this demand, supported by a facility with an annual capacity of 100,000 units. The company operates a retail and service network across 90 cities in 18 states.

The Rorr Evo is priced at INR 124,999 (ex-showroom) and features a 9 kW motor, a 3.4 kWh battery and has a claimed top speed of 110 kmph with a range of 180 km. The vehicle includes a 5-inch TFT display, navigation and connectivity features. Oben Electric designs and manufactures its batteries, motors, and software in-house.

Madhumita Agrawal, Founder & CEO, Oben Electric, said, "Building demand is one milestone but consistently delivering on that demand is what builds enduring customer trust. The commencement of Rorr Evo deliveries marks an important milestone for us as strong customer demand now translates into real motorcycles on the road, and we are deeply grateful to the customers who placed their faith in us. India is a motorcycle-first nation, and the next phase of electric mobility will be defined by electric motorcycles that fit seamlessly into everyday riding. As manufacturers, our responsibility is to bridge the gap between aspiration and adoption by building electric motorcycles that deliver uncompromised performance, reliability, safety and ownership confidence. Every delivery is a step towards making electric motorcycles a practical and trusted choice for millions of Indian riders."

EMotorad Inks MoU With Andhra Pradesh To Setup Electric Cycle Factory

EMotorad

EMotorad, a leading bicycle brand, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to establish a manufacturing facility in Kuppam. The company has been allocated a 7-acre site for the plant, which will be part of the region's Green City Initiative.

The project is a collaboration with the Kuppam Area Development Authority (KADA) and IIT Kanpur. EMotorad expects the facility to produce electric cycles for markets in Andhra Pradesh and across India, while providing employment for the community.

Kunal Gupta, Co-Founder and CEO, EMotorad, said, "Kuppam holds a special place in EMotorad's journey. It's where we set our world record earlier this year, and that moment stayed with us. It made us want to put down roots here, not just pass through. Setting up this facility is just an indication of our intentions for a city that has given us so much. Beyond manufacturing, this is about building something lasting for the people of Kuppam, real jobs, real infrastructure, and a stake in India's clean mobility future. We're deeply thankful to Chief Minister N Chandrababu Naidu Garu for his leadership behind the Green City Initiative and for trusting us to be part of that story."

The Green City Initiative aims to develop Kuppam as a hub for sustainable development. Other organisations involved in the initiative include Mother Dairy, Adidas and Hindalco.

Simple Energy Partners IDFC FIRST Bank For EV Finance

Simple Energy - IDFC First Bank

Bengaluru-based electric vehicle maker Simple Energy has collaborated with IDFC FIRST Bank to provide vehicle financing for customers buying its e-scooters.

The partnership aims to support electric vehicle adoption by providing financing options and approval processes at the point of sale. At present, Simple Energy operates 73 outlets in 39 cities, with plans to expand to centres including Ranchi and Bhubaneshwar.

Shreshth Mishra, Co-Founder, Simple Energy, said, “India's transition to electric mobility will be driven not only by innovation, but also by accessibility. As we continue expanding our retail footprint across the country, it is equally important to make EV ownership more convenient for customers. This partnership with IDFC FIRST Bank will help simplify the purchase journey by enabling easier access to financing, allowing more riders to experience our long-range, high-performance electric scooters and accelerate the adoption of electric mobility."

The company’s current product portfolio includes the Simple OneS Gen 2 priced from INR 159,999, the Simple One Gen 2 from INR 194,999 and the Simple Ultra from INR 234,999.

Komaki Launches Metal-Body MG Pro V And MG Pro+ E-Scooters At INR 73,999

Komaki MG Pro V

New Delhi-based electric vehicle company Komaki has introduced two new e-scooters - the MG Pro V and MG Pro+, priced at INR 73,999 and INR 79,999, respectively, featuring metal-body construction, distinguishing them from the fibre-bodied scooters commonly found in this segment.

The MG Pro V offers a range of 90-100 km, while the MG Pro+ provides a range of over 150 km per charge. Both scooters use BLDC hub motors and LiFePO4 battery technology. Standard features across the models include front disc brakes, telescopic suspension, mobile app connectivity, an anti-theft lock, a parking assist system and a repair switch.

Gunjan Malhotra, Co-Founder, Komaki Electric Vehicles, said, "The electric two-wheeler market has grown rapidly, but affordability should never come at the cost of quality. With the MG Pro V and MG Pro+, we wanted to offer customers features that have traditionally been associated with more expensive vehicles. These include a strong metal body and safe, long-lasting LiFePO4 batteries with a longer lifespan than those found in many electric two-wheelers and ICE vehicles currently available in the market. This combination inspires confidence among customers. It also reflects our commitment to making premium build quality, dependable performance, and modern technology accessible to a much wider audience. We believe customers deserve products that not only look good but are built to withstand everyday Indian road conditions."