Ultraviolette Builds ₹779 Crore EV Factory in Tamil Nadu as Demand Surpasses Available Capacity

India-based electric motorcycle manufacturer Ultraviolette Automotive is gearing up for an expansion of its production operations, as it is set to put in place a ₹779 crore ($81.93 million) investment for a new factory in Hosur, Tamil Nadu. 

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The factory will be equipped with initial capacity for the manufacture of 250,000 vehicles per year, but with the option of doubling it to 500,000 units depending on increasing demand. The total investment is expected to take place over the next five years. 

This is also a step toward expanding into more affordable products for Ultraviolette, whose reputation so far was more about high-end electric motorcycles. Coming Tesseract scooter and Shockwave motorcycle will cost less than current premium line of the company's vehicles. 

New Hosur Plant to Bring in Much Higher Capacity 

Ultraviolette currently has a manufacturing plant located near Bengaluru and has a production capacity of 50,000 vehicles per annum. 

The new Hosur plant will bring in much higher capacity as compared to its current plant. The new plant with an initial capacity of 250,000 vehicles annually will produce five times more vehicles than the current capacity. 

This was one of the reasons for selecting Hosur as it is located near the company’s research and development facility located in Bengaluru. 

The company is planning to finance the ₹779 crore expenditure from a combination of its own internal reserves and equity. 

Tesseract and Shockwave Take Ultraviolette Beyond Premium Bikes 

Ultraviolette currently sells premium electric motorcycles including the F77 and X47, but its next set of products will take it into lower price segments. 

The Shockwave motorcycle is planned at a price below ₹2 lakh, while the Tesseract electric scooter is expected to cost less than ₹1.5 lakh. 

The company expects underlying domestic demand for its scooters to reach at least 10,000 units a month. 

That expansion comes as electric two-wheelers gain a larger presence in India’s overall two-wheeler market. 

More than 1.03 million electric two-wheelers were sold in India during the first eight months of 2026, according to government data cited by Reuters. Their share of total two-wheeler sales crossed 10% for the first time in August. 

Concerns around the compatibility of older petrol vehicles with E20 fuel are also contributing to demand for electric two-wheelers. 

McKinsey estimates that electric models could account for 40-45% of India’s two-wheeler market by FY30. 

Ultraviolette Looks to Expand Overseas Business 

Ultraviolette is also building its presence outside India. 

The company sold more than 3,000 electric motorcycles globally during the first half of 2026. Reuters reported that this compared with around 1,756 units sold by Zero Motorcycles and about 300 by Harley-Davidson’s LiveWire over the same period. 

Exports to Europe and Latin America currently account for around 15% of Ultraviolette’s sales. 

The company expects that contribution to rise to 25% over the next five years. 

Backed by Qualcomm and TVS Motor, Ultraviolette is now preparing its manufacturing base for a much larger operation. The planned Hosur facility, combined with its existing Bengaluru-area plant, will give the company room to move beyond premium motorcycles while increasing production for both India and overseas markets.