Ultraviolette targets 5X export growth across 19 markets, commits ₹200 cr to scale capacity to 5 lakh units by FY29
The Bengaluru-based EV two-wheeler maker plans to lift export share to 10% in FY26, with Latin America and SE Asia pilots underway. A ₹200 crore investment will expand Bengaluru capacity from 30,000 to 60,000 units and add a 2 lakh-unit Karnataka plant, taking total capacity to 5 lakh units by FY29.
EV two-wheeler maker Ultraviolette targets 5X export growth this fiscal across 19 markets, plans Latin America and SE Asia pilots, and will invest ₹200 crore to scale Bengaluru and Karnataka manufacturing capacity to 5 lakh units by FY29.
Why this matters
Ultraviolette is shifting from a single-plant domestic player to a multi-market exporter, doubling Bengaluru output and adding a second Karnataka facility to back its 19-market export push.
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