Ultraviolette launches X-47 Venom at ₹2.65 lakh, deliveries in November

Ultraviolette Automotive has introduced its latest electric motorcycle, the X-47 Venom, priced at ₹2.65 lakh. This new model is a crossover design, offering a range of 343 km and a top speed of 155 kmph, with deliveries expected to begin in November. The company is positioning this bike as a direct competitor to premium electric two-wheelers in the market.
This launch is significant for the broader EV sector as it highlights the growing competition and innovation in India's electric vehicle industry. For investors, it signals a maturing market with increasing consumer interest in high-performance electric options. The success of this launch could boost confidence in the sector's growth potential.
Investors should watch for the company's sales performance and market share gains in the coming months. The ability to maintain delivery timelines and customer satisfaction will be key factors in determining the long-term impact of this product on the company's financial outlook.
Excerpt from BusinessLine
Electric two-wheeler maker Ultraviolette Automotive on Thursday launched the X-47 Venom, the first motorcycle built on its new 100V VX-100 architecture, as it gears up to roll out the Tesseract and Shockwave models next year. Priced at an introductory ₹2.65 lakh, the new motorcycle will be available in India from…Read the original at BusinessLine
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