Ferrari’s biggest shareholder, Exor, has invested in Bangalore-based Ultraviolette Automotive, a pioneer in electric sports bikes like the F99. Read more!
Introduction
Imagine a world where Italian luxury meets Indian innovation—this is exactly what’s happening with Exor, Ferrari’s biggest shareholder, investing in Ultraviolette Automotive! This Bangalore-based electric vehicle (EV) company is revolutionizing the way we look at electric motorcycles. With cutting-edge technology and jaw-dropping speed, Ultraviolette’s F99 is already making waves. Now, with Exor’s backing, the future looks even brighter for this Indian EV giant.
Let’s dive into this exciting partnership and explore what it means for the future of electric sports bikes!
Table of Contents
| Sr# | Headings |
|---|---|
| 1 | Who is Exor? |
| 2 | Why is Exor Investing in Ultraviolette? |
| 3 | What is Ultraviolette Automotive? |
| 4 | The Record-Breaking F99 – India’s Fastest Electric Bike |
| 5 | New Launches: TESSERACT & SHOCKWAVE |
| 6 | Ultraviolette’s Expansion Across India & Beyond |
| 7 | How This Investment Shapes the EV Market |
| 8 | The Future of Ultraviolette with Exor’s Backing |
| 9 | Electric Revolution: India’s Role in the Global EV Market |
| 10 | Final Thoughts: A Bold Step Towards a Sustainable Future |
| 11 | FAQs |
Who is Exor?
Exor is a powerhouse in the world of investments. It is the largest shareholder of Ferrari and has significant stakes in Stellantis, Juventus Football Club, and The Economist. The company is known for backing innovative and forward-thinking businesses. With its deep roots in the automotive sector, Exor’s move into the EV space signals a massive shift toward the future of mobility.
Why is Exor Investing in Ultraviolette?
Exor’s investment in Ultraviolette is a strategic move that aligns with the global push toward sustainable transportation. With governments worldwide enforcing stricter emission norms and EVs becoming mainstream, this partnership is a step towards a cleaner, high-performance future. Ultraviolette’s cutting-edge technology and performance-focused electric bikes made it an attractive choice for Exor.
What is Ultraviolette Automotive?
Founded in Bangalore, Ultraviolette Automotive is at the forefront of India’s electric vehicle revolution. The company is known for blending performance, design, and technology into its products. With a focus on high-speed electric sports bikes, Ultraviolette is setting new benchmarks in the EV industry.
The Record-Breaking F99 – India’s Fastest Electric Bike
The Ultraviolette F99 isn’t just any electric bike—it’s the fastest India has ever seen! With a top speed of 258 km/h and a quarter-mile sprint in just 10.7 seconds, the F99 is redefining what electric motorcycles can achieve. Built for high-speed racing and performance enthusiasts, the F99 is a game-changer in the EV world.
New Launches: TESSERACT & SHOCKWAVE
Ultraviolette is expanding its lineup with two exciting new models:
- TESSERACT Electric Scooter – Priced at an introductory ₹1.2L for the first 10,000 customers, this scooter aims to make premium EV technology accessible to more riders.
- SHOCKWAVE Electric Motorcycle – At ₹1.49L for the first 1,000 customers, this bike brings speed and style at an unbeatable price.
These launches prove that Ultraviolette is not just about high-speed racing machines but also about making electric mobility mainstream.
Ultraviolette’s Expansion Across India & Beyond
From being a niche player, Ultraviolette is expanding at a rapid pace. The company is now present in 11 cities and continues to grow. With Exor’s backing, global expansion is just around the corner.
How This Investment Shapes the EV Market
Exor’s investment is more than just financial—it’s a massive endorsement of India’s electric vehicle industry. With a major global player backing Ultraviolette, this move puts India on the map as a serious contender in the EV race.
The Future of Ultraviolette with Exor’s Backing
With Exor’s expertise in automotive excellence, Ultraviolette has a unique opportunity to refine its technology, enhance its global reach, and take its EV offerings to the next level. This partnership could lead to innovations in battery technology, performance upgrades, and even collaborations with Ferrari’s advanced engineering teams.
Electric Revolution: India’s Role in the Global EV Market
India is rapidly emerging as a leader in electric vehicle technology. With companies like Ultraviolette leading the charge, the country is proving that it can compete with global giants in the EV space. Exor’s investment further solidifies India’s position as a hub for next-gen mobility solutions.
Final Thoughts: A Bold Step Towards a Sustainable Future
Exor’s investment in Ultraviolette is a monumental moment for the EV industry. It signifies the fusion of luxury and performance with sustainability and innovation. As the world moves towards cleaner, faster, and more efficient transportation, partnerships like these will shape the future of mobility.
The road ahead is electrifying, and Ultraviolette, with Exor’s support, is leading the charge!
FAQs
1. Who owns Ferrari’s biggest shareholder, Exor?
Exor is owned by the Agnelli family, one of the most influential business families in Italy.
2. Why did Exor invest in Ultraviolette Automotive?
Exor sees potential in Ultraviolette’s innovative approach to electric sports bikes, aligning with the global shift towards high-performance EVs.
3. How fast is the Ultraviolette F99?
The F99 has a top speed of 258 km/h, making it India’s fastest electric motorcycle.
4. What are the latest launches from Ultraviolette?
Ultraviolette recently launched the TESSERACT Electric Scooter and the SHOCKWAVE Electric Motorcycle at competitive prices.
5. Will Ultraviolette expand beyond India?
Yes! With Exor’s backing, Ultraviolette is set to expand into global markets, taking Indian EV innovation worldwide.
This is just the beginning of an electrifying journey. The fusion of Italian legacy and Indian ingenuity is setting the stage for a high-powered, sustainable future!
