Ultraviolette expects annual sales to hit $500,000 by 2030, first-quarter record |
Ultraviolette Automotive recently closed out its best quarter to date. The Bengaluru-based electric motorcycle maker sold more than 1,500 vehicles between April and June this year, up from about 300 units in the same period last year. That is, the growth rate exceeds 400%.The company’s co-founder, CEO Narayan Subramaniam and chief technology officer Niraj Rajmohan…