Ultraviolette raises US$85 million and plans US entry in 2027
Image: Primary Electric motorcycle maker Ultraviolette raised US$85 million in funding led by Yali Capital and TDK Ventures and says it plans to enter the US market in 2027, New Atlas reported. The capital will support manufacturing of its F77 and X-47 motorcycles, production of its Tesseract scooter and Shockwave electric enduro, and development of new electric vehicle platforms.
The company has announced plans for an Indian manufacturing facility with eventual capacity of up to 500,000 bikes a year. Its US expansion still faces vehicle certification and regulatory hurdles, along with distribution, servicing, parts availability and pricing challenges.
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from New Atlas: Technology-Innovation-Outdoor News and reviewed by the T&B editorial agent team.
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