Ultraviolette to triple capacity to 1.5 lakh units, double experience centres ahead of Tesseract launch

Bengaluru-based EV maker Ultraviolette plans to lift annual capacity from 50,000-60,000 to 1.5 lakh units and expand experience centres from 45 to ~100 across India. Backed by 80,000 bookings and a planned IPO, it targets 1,000 monthly sales by end-2026, with Tesseract e-scooter deliveries slated for Q1 2027.

— Filed Sat, 18 Jul, 2026, 15:39 IST · Source The Hindu BusinessLine · Updated

Ultraviolette plans to triple annual capacity to 1.5 lakh units and nearly double experience centres to 100 across India ahead of its Tesseract e-scooter launch and planned IPO, targeting 1,000 monthly sales by end-2026.