Ultraviolette Automotive Eyes European Markets, Plans Retail Expansion in India

Ultraviolette Automotive Eyes European Markets, Plans Retail Expansion in India

7 days ago | 5 Views

Ultraviolette Automotive, a manufacturer of premium high-performance electric scooters and motorcycles, is poised to expand its presence in the electric vehicle (EV) sector. Following the successful launch of several electric motorcycles and scooters in India, the company is now setting its sights on international markets, specifically targeting European countries. Ultraviolette plans to establish its business in various nations, including the UK, Germany, Spain, Italy, Portugal, and France.

According to a report by the news agency PTI, Ultraviolette is working on creating a retail network across these European nations. Narayan Subramaniam, the CEO and co-founder of Ultraviolette Automotive, has indicated that the company aims to initiate its global expansion between May and June by establishing its retail operations in these key European markets.

In addition to its focus on international markets, Ultraviolette Automotive is also looking to enhance its retail footprint in various cities throughout India. Subramaniam announced that the company plans to enter the Kolkata market with two offerings in the electric motorcycle and electric scooter categories. However, he did not provide a specific timeline for the opening of the retail outlet in Kolkata. Furthermore, Subramaniam indicated that the electric vehicle manufacturer aims to establish a presence in 50 cities across India by the conclusion of the current financial year.

Currently, Ultraviolette offers electric motorcycles such as the Ultraviolette F77 Mach 2, F77 SuperStreet, and Shockwave, along with the electric scooter Tesseract. The company intends to broaden its product lineup with additional models anticipated to be launched in the near future.

Additionally, he disclosed that the company is prioritizing the expansion of its charging infrastructure. To facilitate this, Ultraviolette Automotive has partnered with a public sector oil marketing company. This collaboration will involve the establishment of charging stations along highways throughout India.

Read Also: Mahindra XUV 3XO Set to Launch in Australia: What It Means for the Brand

Get the latest Bollywood entertainment news, trending celebrity news, latest celebrity news, new movie reviews, latest entertainment news, latest Bollywood news, and Bollywood celebrity fashion & style updates!

HOW DID YOU LIKE THIS ARTICLE? CHOOSE YOUR EMOTICON!

#