• Bikes for Sale
  • News
  • Buyer’s guide
    • Buy a Motorcycle
    • First Rides & Reviews
    • Specs, Prices & Others
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
    • Motorsport
    • Tips & Stories
    • Travel
  • Locals
imotorbike logo
  • Bikes for Sale
  • News
  • Buyer’s guide
    • Buy a Motorcycle
    • First Rides & Reviews
    • Specs, Prices & Others
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
    • Motorsport
    • Tips & Stories
    • Travel
  • Locals
  • Facebook

  • Instagram

  • X (Twitter)

  • YouTube

  • LinkedIn

  • RSS

News

TVS Motor Company acquires 14.78% stake in Ultraviolette Automotive

TVS Motor Company acquires 14.78% stake in Ultraviolette Automotive
Gregory
December 11, 2017

No, that is not a prop motorcycle from the set of the next installment of the Tron franchise. This is a prototype of an electric two-wheeler currently being tested by Bengaluru-based startup, Ultraviolette Automotive. The firm, which specializes in electric two-wheelers and energy infrastructure, was recently in the spotlight as part of a deal between said firm and TVS Motor Company.

The latter has acquired a 14.78% stake, worth around Rs 5 crore (US$776,000), in the startup as part of a “strategic investment.” TVS themselves are in the midst of developing an electric scooter, internally referred to as U218, which is slated to go on sale in the middle of 2018 or in about 6 to 9 months from now.

This partnership could now very much help speed up the development of TVS’s stillborn electric scooter. A little bit on Ultraviolette Automotive itself, the company was founded in December 2015 by Niraj Rajmohan (chief technical officer) and Narayan Subramaniam (chief executive officer). Since then, the firm has gone on to win the ‘Excellent Design Award’ at the International Bike Festival 2016 in Taipei, Taiwan.

The prototype that bagged them the award was a rather interesting hybrid bicycle-motorcycle dubbed the Twister. The Twister runs on a conventionally-powered engine but at the drop of a hat, could be doubled up as a bicycle.

As of now, Ultraviolette Automotive works with a team of 13 employees and has developed and tested a total of 3 prototypes. The firm has yet to launch an electric two-wheeler as of now. In the financial year to March 2017, Ultraviolette Automotive has posted a total revenue of Rs 3.21 lakh.

Related Itemsautomotiveelectric bikefeaturedindian motorcyclesmotorcyclemotorcyclesnewnew bikenew motorcyclestvstvs motor companyultravioletteultraviolette automotive
To read the full story
login with google
login with facebook
or
Create an account for free
This won't cost you.
by clicking this button you agree to iMotorbike's visitor agreement
Already have an account? Sign in here
Click here to get notified on every new article
News
December 11, 2017
Gregory

Although all started on the Cars. The passion is still for all segments of the motorcycle industry, including sportbikes, cruisers, big adventure bikes and the dirt.

Related Itemsautomotiveelectric bikefeaturedindian motorcyclesmotorcyclemotorcyclesnewnew bikenew motorcyclestvstvs motor companyultravioletteultraviolette automotive

More in News

Norton Motorcycles Sets Up Indian Subsidiary Under TVS

Michelle LiewAugust 23, 2025
Read More

Kriega R20: The Ideal Motorcycle Backpack

Michelle LiewAugust 23, 2025
Read More

Buell Super Cruiser Breaks All the Cruiser Rules

Michelle LiewAugust 23, 2025
Read More

Yamaha MXGP & MX2 Ready for Arnhem Home GP

Michelle LiewAugust 22, 2025
Read More

iMotorbike Motor Day Sale Returns with Big Discounts and Exciting Prizes!

Hazique ZairillAugust 22, 2025
Read More

Police Offer 50% Discount on Summonses at RXZ Members 7.0 Gathering

Hazique ZairillAugust 22, 2025
Read More

KTM 250 Duke 2025: Entry-Level Streetfighter

Michelle LiewAugust 21, 2025
Read More

100 Motorcycles Donated to Cambodian Border Forces

Michelle LiewAugust 21, 2025
Read More

Kembara Merdeka 2.0: 250 Superbikes in Negeri Sembilan

Michelle LiewAugust 21, 2025
Read More

MotoGP Hungary 2025: Balaton Park Debut

Michelle LiewAugust 21, 2025
Read More

2013 Yamaha YZF-R6 Review: The 600cc Icon That Defined a Generation

Hazique ZairillAugust 21, 2025
Read More

Joe Rascal Revamps Motorcycle Retail in Australia

Michelle LiewAugust 20, 2025
Read More
We want to buy your bike Join us on Telegram
Scroll for more
Tap

Join us on Facebook

  • Popular

  • Latest

  • Comments

  • 2025 Keeway XDV 180 Evo Adventure Scooter Launched in Malaysia
    Buyer's guideAugust 4, 2025
  • Yamaha PG-1 Review: A Chill Trail Bike That’s Seriously Fun
    Buyer's guideAugust 5, 2025
  • YADEA RS20 Electric Scooter Launched in Malaysia at RM4,998
    Buyer's guideAugust 18, 2025
  • Mforce Unveils Yadea Velax Electric Scooter
    Buyer's guideAugust 11, 2025
  • KTM Resumes Full Production in Mattighofen
    Buyer's guideAugust 4, 2025
  • Special Number Plate Deal and Lucky 8 Promo This August 8th!
    Buyer's guideAugust 6, 2025
  • Mforce Unveils 2025 QJMotor SRV600V for the Malaysian Market 
    Buyer's guideAugust 4, 2025
  • Norton Motorcycles Sets Up Indian Subsidiary Under TVS
    NewsAugust 23, 2025
  • Kriega R20: The Ideal Motorcycle Backpack
    NewsAugust 23, 2025
  • Buell Super Cruiser Breaks All the Cruiser Rules
    NewsAugust 23, 2025
  • Yamaha MXGP & MX2 Ready for Arnhem Home GP
    NewsAugust 22, 2025
  • iMotorbike Motor Day Sale Returns with Big Discounts and Exciting Prizes!
    Buyer's guideAugust 22, 2025
  • Police Offer 50% Discount on Summonses at RXZ Members 7.0 Gathering
    EventsAugust 22, 2025
  • KTM 250 Duke 2025: Entry-Level Streetfighter
    NewsAugust 21, 2025
  • MV Agusta Lucky Explorer Project 9.5: testing the Schiranna prototype - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • CFMOTO 450SR to enter Malaysia in March 2023 at RM29,300 - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • Suzuki V-Strom now available in Malaysia at RM81,900 - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • Colin says:

    I hope they make the Dax street legal. Love to…

  • Mohd Razi bin Rosli says:

    Adv 150cc

  • Nena Maxberry says:

    Just curious what they would retail for

  • Adam Kenny says:

    RM4159 for the front fork is it?

Categories

  • Buyer's guide
    • First Rides & Reviews
    • Specs, Prices & Others
  • cafe racer malaysia murah
  • Campaign
  • CSR Programme
  • Electric Motorcycles
  • Electric Motorcycles
  • Industry
  • Industry
  • Kedai Motor
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
      • EICMa
    • Helmet
    • Motorsport
      • ARRC
      • CubPrix
      • Moto3
      • Motocross
      • MSBK
      • WSBK
    • Tips & Stories
    • Travel
  • Moto2
  • Motor Murah
  • News
    • Locals
    • MotoGP
    • Scoop
  • Review
  • Scoop
  • Scoop
  • Suzuka 8 Hours
  • Tips & Tricks

Corporate

About Us
Terms of Use
Privacy Policy
Disclosure Policy
Contact Us
SUBSCRIBE NOW!

2024 iMotorbike World Sdn. Bhd.(1205246-M). All rights reserved.

FIM introduces new regulations for 2018 World Superbike Championship
Jake Gagne to race for Red Bull Honda WSBK team in 2018 season
Nak Jual Beli Motor 😊 ?
WhatsApp
Hi iMotorbike 😊
Open chat