Raptee Opens Its First Factory in Chennai
- By TT News
- June 15, 2023
Raptee, a startup specializing in premium electric motorcycles, has opened its first factory in Chennai. Spread over three acres, the factory will be home to Raptee’s Research and Development team.
The company plans to invest INR 850 million in the plant, which will have the capacity to produce 100,000 units annually for the next two years. Around 470 people will be employed for manufacturing and design innovation. The factory will have advanced facilities for testing and development, while a dedicated assembly line will be set up for battery packs.
Raptee aims to make a significant impact in the electric vehicle market with its upcoming motorcycles, emphasizing innovation and sustainability. Early this year, Raptee received a grant of INR 32.7 million from the Automotive Research Association of India, a leading R&D organization set up by the automotive industry and Govt of India.
Speaking about the new plant, Dinesh Arjun, Co-founder and CEO of Raptee, says, “This is a huge leap forward for us. We are at an inflexion point where we move from a small R&D outfit to becoming a full-blown OEM, and we’ve identified the perfect property to maintain the balance for the years to come. We’ve been very particular about having the R&D and Manufacturing teams on the same campus to improve collaborations in this extremely crucial period for the company, and that meant the entire property will need to be inside the City. This facility ticks all those boxes and will help service our customers better.”
Jayapradeep Vasudevan (JP), Chief Business Officer, Raptee, says, “This move is a big motivation for the entire team at Raptee as the new facility houses a dedicated block for the Admin and R&D, which provides a much better-working ambience for our team to enjoy and contribute to the growth journey of Raptee. This facility is big enough to cater to the growing size of our team for the next two years. From a manufacturing capacity standpoint, it also gives us enough flexibility to meet the customer demand from the time of launch. The fact that the families of our team attended the inauguration reiterates the commitment of our team and their families’ support towards the success of Raptee. At this moment, as a team, we are really happy and proud that we are progressing towards delivering a world-class EV motorcycle and customer experience to become a Premium EV brand.”
The centrally located property was inaugurated by Shaji Koshy, Former Sr Vice president at Royal Enfield and an advisor to Raptee. Commenting on the factory opening, Koshy, says, “I am extremely happy that such young minds from Chennai have been able to develop a remarkable product, and I really want to support this team who has the potential to create a big impact in the EV landscape in India and Globally. It’s an honour and happy moment for me to be inaugurating the new facility for Raptee, which is now moving from its small R&D centre to a full-fledged OEM facility, and I wish they run out of capacity very soon in this facility.”
Neusoft And MapmyIndia Partner For Intelligent Mobility Solutions
- By MT Bureau
- December 06, 2025
Chinese technology company Neusoft Corporation and Mappls MapmyIndia have signed a Memorandum of Understanding (MoU) to leverage their strengths in software and data resources to collaborate deeply.
The companies will engage in joint technological development, ecosystem collaboration and resource integration to provide navigation products and intelligent mobility solutions tailored to localised needs in emerging markets such as Southeast Asia and India.
The partnership is a response to the fact that while global auto brands are expanding into Southeast Asia and India, they face challenges in these regions due to complex road conditions, unique traffic rules, extensive addressing systems and high localisation adaptation costs. These issues limit the ability of automakers to deliver a complete intelligent user experience.
Under the collaboration, Neusoft will adopt its OneCoreGo Global Intelligent Mobility Solution 6.0 Plus as the core technology carrier, deeply integrating MapmyIndia's map data, real-time traffic information and multi-dimensional value-added services. MapmyIndia is noted as the largest local mapping company in India, holding more than 90 percent market share in in-vehicle navigation.
The integration is intended to strengthen a full capability loop of ‘navigation + payment + interaction + connectivity + operations’.
Through API integration and technological convergence, the two parties will jointly develop navigation products and mobility solutions highly adapted to Southeast Asia, India and similar regional markets. These solutions will deliver precise route planning and real-time traffic guidance, address local user needs and continuously enhance product experience and scenario-based services. This will help automotive partners rapidly launch intelligent vehicle models with competitiveness in local markets.
The partnership enables Neusoft to combine the global end-to-end strengths of its solution with localised ecosystem resources, paving the ‘last mile’ for automakers entering the Southeast Asian and Indian markets and delivering comprehensive intelligent mobility experiences.
- Ultraviolette Automotive
- Zoho Corporation
- Lingotto
- F77
- X-47
- Shockwave
- Tesseract
- Narayan Subramaniam
- Niraj Rajmohan
Ultraviolette Secures $45 Million Growth Capital From Zoho And Lingotto
- By MT Bureau
- December 04, 2025
Bengaluru-based electric vehicle maker Ultraviolette Automotive has secured USD 45 million from Zoho Corporation and Lingotto, one of Europe's investment management companies as part of its ongoing Series E investment round.
The investment from Zoho Corporation was led by Sridhar Vembu, Mani Vembu and Kumar Vembu.
This growth capital will accelerate the domestic and international scale-up of current products F77 and X-47, as well as future product platforms Shockwave and Tesseract.
Ultraviolette has built a design and technology-led enterprise with the F77 and the recently launched X-47.
The company has expanded to 30 cities across India in a short span of 12 months and is expanding to 100 cities by mid-2026. The F77 motorcycles were recently launched in the United Kingdom, bringing Ultraviolette's presence to 12 countries across Europe.
Narayan Subramaniam, Co-Founder & CEO, Ultraviolette Automotive, said, “We are glad to announce our Series E investment from Zoho and Lingotto. Lingotto's legacy of backing iconic performance and mobility brands, combined with Zoho's long-term commitment to fostering cutting-edge Indian innovation, aligns perfectly with Ultraviolette's mission to build category-defining electric mobility solutions for India and global markets.”
Niraj Rajmohan, CTO & Co-Founder, Ultraviolette, said, "With the ongoing Series E investments, we are doubling down on growth and expanding our production to meet increasing demand. Our focus is on advancing breakthrough battery technology, elevating performance capabilities and expanding production to support upcoming product platforms. This investment will accelerate our journey towards scaling into India and global markets."
Disseqt AI Partners Tata Technologies And Infosys For Agentic AI Adoption
- By MT Bureau
- December 04, 2025
Agentic AI platform Disseqt AI has announced a partnership with Tata Technologies and Infosys. As per the agreement, Disseqt AI will assist both companies' IT and DevOps teams in developing and fast-tracking the production of tailored Agentic AI applications for automobile and FinTech companies globally.
The partnership aims to help auto and FinTech firms embrace customised Agentic AI faster and in a secure manner.
Disseqt AI, which has operations in Bengaluru, San Francisco and Dublin, provides an enterprise-grade platform for IT and DevOps teams. The company claims its platform cuts down Agentic AI testing and operations cost by 70 percent and improves productivity by up to 80 percent. The platform allows these teams to test, simulate and monitor their Agentic AI systems tailored across industries, ultimately enabling enterprises to operationalise tailored Agentic AI faster and at scale, without sacrificing ethics, governance and compliance.
Apoorva Kumar, Founder and CEO, Disseqt AI, said, “This is a landmark announcement for us as we further embed Disseqt into enterprise workflows for testing, simulation, monitoring and auditability purposes. We are already working closely with both Tata and Infosys on several projects and are proud to be part of their innovation initiatives”
Last month, Disseqt AI announced a strategic collaboration with HCLTech and Microsoft to guide financial services institutions with Agentic AI adoption.
Battery Passport Implementation Beyond EVs To Be Focus Of Barcelona Event
- By MT Bureau
- December 03, 2025
Battery and Energy Storage Europe has announced a programme focused on the EU Battery Passport, a regulatory milestone that becomes mandatory in February 2027. The Barcelona-based event will address the compliance gap for applications beyond the electric vehicle (EV) sector, which have dominated the conversation to date.
The event, taking place on 8th and 9th September 2026 at Fira de Barcelona's Gran Via venue, will focus on solutions and talks for applications that fall within the regulation's scope: stationary energy storage, industrial batteries, grid-scale systems, long-duration energy storage and emerging applications in aerospace, maritime and rail electrification.
With the February 2027 legal requirement date approaching, the programme will bring together industry leaders, technology providers, and policy experts to address the compliance challenges facing these diverse sectors.
The Battery Passport is a digital record documenting a battery's entire lifecycle, from raw material sourcing to production, performance and eventual recycling. From February 2027, it becomes mandatory for all rechargeable EV, industrial and LMT batteries over 2 kWh sold in the EU.
Linked via QR code, the passport will track each battery's complete lifecycle, including composition, carbon footprint and recycled content, fundamentally transforming supply chain transparency and sustainability practices across Europe.
The programme will explore implementation topics including digital infrastructure requirements, data management systems, supply chain integration, verification processes and recycling traceability.
Ken Davies, Conference Programme Director at Battery and Energy Storage Europe, said, "The Battery Passport represents one of the most significant regulatory shifts our industry has faced, yet many companies are still grappling with what implementation actually means for their operations. While the EV sector has dominated the conversation, there's a critical need to address how this regulation applies to stationary storage, industrial applications and the innovative battery technologies powering Europe's energy transition. With the clock ticking toward February 2027, Battery and Energy Storage Europe will shine a light on the practical implementation requirements for these often-overlooked sectors, connecting stakeholders with actionable solutions and bringing together the expertise, technology providers, and collaborative spirit needed to turn compliance into competitive advantage across the full spectrum of battery applications."

Comments (0)
ADD COMMENT