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Ultraviolette F77 electric bike launch next year: Additional Rs 30 crore funding secured from TVS

fatbike2020 by fatbike2020
September 3, 2020
in Electric Bikes
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Ultraviolette F77 electric bike launch next year: Additional Rs 30 crore funding secured from TVS
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The Ultraviolette F77 is a related all-electric bike that will get options like distant diagnostics over-the-air (OTA) upgrades, regenerative braking, a number of journey modes, journey diagnostics and extra. The F77 will first be rolled out in India subsequent 12 months in a phased method. Extra particulars right here!

Ultraviolette Automotive’s high-performance all-electric motorbike – the F77 is all set to be launched in India subsequent 12 months. This affirmation by the corporate comes after the launch of the electrical bike bought delayed with the continuing Covid-19 pandemic. Furthermore, Ultraviolette Automotive Pvt. Ltd.additionally introduced that it has acquired a further funding of Rs 30 Crore from TVS Motor Company and the stated funding is a part of the most recent spherical (Collection B) of funding. Ultraviolette Automotive began constructing the F77 three years in the past and the model unveiled the pre-production model of the F77 in November 2019. Ultraviolette Automotive claims that the F77 is a high-performance all-electric motorbike that has been constructed with ideas used within the aviation trade, proper from superior engineering simulations to multi-level security methods and likewise the design id of the motorbike.

The Ultraviolette F77 is a related all-electric bike that will get options like distant diagnostics over-the-air (OTA) upgrades, regenerative braking, a number of journey modes, journey diagnostics and extra. The corporate says that the Ultraviolette F77 will first be rolled out in India subsequent 12 months with increasing nationwide availability deliberate in phases. Commenting on the most recent announcement, Narayan Subramaniam, Founder and CEO, Ultraviolette Automotive Pvt. Ltd. stated that the corporate has seen vital developments within the transportation and mobility trade globally, with an elevated demand for private mobility in current occasions. He provides that the model additionally sees fast progress within the Indian two-wheeler trade with a particular give attention to electrical automobiles, and it’s on this context that Ultraviolette Automotive got down to create the F77 that occurs to be India’s first high-performance motorbike. He states that the corporate unveiled the motorbike lower than a 12 months in the past, and since then it has achieved vital strides in making the F77 production-ready.

Talking on the funding, Manu Saxena, Vice President for Future Mobility & Supplier Transformation at TVS Motor Firm stated that Ultraviolette Automotive continues to reveal glorious engineering and technological capabilities and innovativeness in creating high-performance electrical bikes. Furthermore, the spokesperson added that TVS Motor is worked up to see the progress and developments made by UV staff and TVS Motor Firm is actually assured that these actions will go a good distance in direction of establishing a greener future for the nation.

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