TVS Motor Company backed Ultraviolette Automotive is
set to launch its first electric bike in 2019. The company claims that the
Ultraviolette electric bike is currently in the fourth generation and has
outperformed equivalent gasoline-ridden bikes.
The Ultraviolette electric bike is under the final
stages of testing, and the production version with official stats will be
revealed soon. Ultraviolet reveals that its electric motorcycle will offer
better “design, performance, user and ownership experience” than its
fuel-ridden rivals but will be offered at a similar price point.
Ultraviolette showcased its first electric bike
prototype in June 2016, and the motorcycle has been tested for over 10,000 km
till date. The company claims that the e-bike has a top speed of 150 km/h and
an electric riding range of over 150 km on a single charge. In comparison, the
KTM 200 Duke has a maximum speed of 138 km/h.
TVS Motor Company has invested more than INR 11
crore into Ultraviolette Automotive over two rounds of funding, with a stake of
25.76 percent. TVS Motor aims to strengthen its position in the EV space with
help from Ultraviolette.
Coming back to the electric bike, the company will
initially launch it in Bangalore and then in other Indian cities. The company
will set up an assembly facility near Bangalore in early 2019, with an annual
capacity of more than 10,000 units.
