Tag: EV exports
AUTO Ultraviolette Raises $85 Mn To Scale EV Production, Global Expansion

Ultraviolette, the electric mobility company, has raised $85 million in a new funding round led by deep-tech fund Yali Capital and TDK Ventures, with participation from Lip-Bu Tan, Chairman of Walden International and Advisor to Ultraviolette, along with the company’s existing and long-term investors. Capital to support production and new EV platforms The fresh capital […]

CW Bureau · Sep 23, 2026
AUTO Ultraviolette To Build 5 Lakh-Unit EV Factory In Hosur In Tamil Nadu

Ultraviolette is expanding its manufacturing footprint in Tamil Nadu with plans to establish a new state-of-the-art electric vehicle manufacturing facility in Hosur, targeting an eventual production capacity of 500,000 vehicles a year. The Bengaluru-based electric mobility company said the BIGGA (Big Global Ambition) Factory will initially ramp up to an annual capacity of 250,000 vehicles […]

CW Bureau · Sep 10, 2026