Ultraviolette Plans $82 Million EV Plant in Tamil Nadu
Indian electric motorcycle maker Ultraviolette Automotive plans to invest 7.79 billion rupees ($81.93 million) in a new manufacturing plant in Hosur, Tamil Nadu, as demand for electric two-wheelers grows. The facility will initially have an annual production capacity of 250,000 vehicles, with plans to expand it to 500,000 units as demand increases. It will support the company’s move into the mass-market EV segment.
India’s electric two-wheeler sales crossed 1.03 million units in the first eight months of 2026, while their share of total two-wheeler sales exceeded 10% in August. Ultraviolette, known for premium models including the F77 and X47, plans to introduce more affordable products such as the Shockwave motorcycle and Tesseract scooter. The company expects domestic demand for its scooters to reach at least 10,000 units per month.
The new Hosur facility will complement Ultraviolette’s existing plant near Bengaluru, which has an annual capacity of 50,000 units. The investment will be made over five years using internal reserves, equity and future cash flows, with limited debt. The company also sold more than 3,000 electric motorcycles globally in the first half of 2026, with exports to Europe and Latin America accounting for around 15% of sales.
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