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TVS backed Ultraviolette after nine years fights premium blues to chase mainstream EV sales

Business
Published on 24 April 2026
TVS backed Ultraviolette after nine years fights premium blues to chase mainstream EV sales

Scale ambitions collide with the premium price tag

Ultraviolette, the TVS-backed electric two-wheeler startup, has struggled to grow beyond modest volumes for years, largely because its premium pricing limited mainstream appeal. Now, with renewed momentum in the EV two-wheeler segment led by competitors like Ather, Ultraviolette is trying to break through and reach meaningful scale. Can it finally turn attention into sales?

  • Ultraviolette’s growth was capped by premium pricing for years
  • The startup is now targeting meaningful scale and wider adoption
  • Ather’s renewed momentum has reshaped the EV two-wheeler outlook
  • The big question: can Ultraviolette go mainstream now
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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