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India’s two-wheeler market, the largest globally, accounts for nearly 40% of worldwide motorcycle sales, offering a significant opportunity to reduce carbon emissions through electrification. Ultraviolette, a Bangalore-based leader in high-performance electric motorcycles, has secured investment from TDK Ventures, a subsidiary of TDK Corporation. This funding supports Ultraviolette’s mission to advance premium electric mobility solutions, driving cleaner and safer transportation globally.
Key Highlights
- TDK Ventures invests in Ultraviolette to accelerate electric motorcycle innovation.
- India’s electric two-wheeler market is projected to exceed $50 billion within a decade.
- Ultraviolette’s F77 models have earned major industry awards for design and performance.
- Over 70,000 bookings for Ultraviolette’s upcoming Tesseract scooter and Shockwave motorcycle, valued at $120 million.
- Expansion plans include reaching 100 Indian cities and sales in 10 EU countries.
- Innovative technology features a patented 5-level battery safety system and a proprietary vehicle operating system.
Leading the Electric Motorcycle Revolution
Ultraviolette is transforming the mid-premium electric two-wheeler segment with its cutting-edge design and technology. The company’s flagship F77 MACH 2 and F77 SuperStreet models combine superior performance, advanced safety features, and aspirational design, positioning them as compelling alternatives to traditional internal combustion engine vehicles. With a top speed of 155 km/h and a range of up to 300 km, these motorcycles cater to India’s aspirational consumers and global markets.
The company’s upcoming models, the Tesseract scooter and Shockwave light motorcycle, have already secured over 70,000 paid bookings, reflecting strong market demand. Ultraviolette’s vertically integrated production facility, capable of scaling to 100,000 units, supports its rapid growth. The company has expanded its presence to 20 Indian cities, with plans to reach 100 by year-end, and has begun sales in 10 EU countries, marking it as the first Indian EV company to sell in the EU.
Strategic Partnership with TDK Ventures
TDK Ventures’ investment aligns with its focus on sustainable transportation technologies. Nicolas Sauvage, President of TDK Ventures, praised Ultraviolette’s industry-leading engineering and vertical integration, emphasizing their potential to reshape global motorcycle markets. The partnership provides Ultraviolette access to TDK’s expertise in advanced battery technology, power electronics, and rider-assistance systems, enhancing its innovation capabilities.
Ultraviolette’s leadership, led by co-founders Narayan Subramaniam and Niraj Rajmohan, brings experience from top companies like Tesla, Rivian, and Apple. Subramaniam highlighted the partnership’s role in scaling Ultraviolette’s operations in India and globally, leveraging TDK’s renowned expertise in energy solutions. Rajmohan emphasized the collaboration’s focus on developing safer, smarter, and more efficient electric mobility ecosystems.
Setting Industry Standards
Ultraviolette’s technology sets it apart in the electric vehicle market. Its patented 5-level battery safety system and proprietary vehicle operating system ensure high performance and safety. The F99 Factory Racing Platform holds the record for the fastest Indian-made motorcycle at 258 km/h. With products priced between $2,000 and $10,000, Ultraviolette appeals to a wide range of consumers, from budget-conscious to premium buyers.
Global Ambitions and Sustainability
The Indian electric two-wheeler market, currently at less than 0.1% penetration for motorcycles, is poised for explosive growth, following the rapid adoption of electric scooters, which reached 18% penetration in four years. Ultraviolette’s software platform powers its vehicles, enabling the energy transition for India’s 20 million two-wheeler market. The company’s expansion into developed markets, including the EU, positions it as a global leader in electric mobility.
TDK Ventures’ Bangalore innovation hub, established in 2023, supports India’s entrepreneurs in scaling deep-tech solutions globally. This investment reflects TDK’s commitment to fostering technologies that drive a sustainable future, aligning with its strategic pillars of IoT, EV mobility, and renewables.
For more information on Ultraviolette, visit www.ultraviolette.com.
To learn about TDK Ventures’ initiatives, visit www.tdk-ventures.com.
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