E-bikes to grab 50% of electric 2-wheeler market by March '28: Ultraviolette

Ultraviolette anticipates electric motorcycles will surge from under 1% to 50% of the electric two-wheeler market by March 2028, mirroring the dominance of motorcycles in the ICE segment. The company, expanding its presence with new outlets and models like Tesseract and Shockwave, targets significant export revenue, shipping F77 motorcycles to Europe and planning production expansion to meet rising demand.

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