The excerpts:
Q: What’s the sort of response that you’ve got obtained for the Ultraviolette F77 electrical bike that you’ve got designed and made in India ?We’re proud to assert that the Ultraviolette F77 isn’t just the primary high-performance electrical bike within the nation however the first electrical bike that’s really imagined, designed, and made in India. The F77 is the results of over six years of rigorous R&D, and that is clearly mirrored in its industry-first tech options and one-of-a-kind international design. Since its industrial launch in November 2022, we have now been receiving immense appreciation for the bike from clients, bike lovers, and senior automotive critics in India and internationally. The truth is, very shortly after its launch, we obtained curiosity from 190 international locations for the F77, displaying a really excessive curiosity stage not simply in India however globally.
In a brief span of a yr, we have now been capable of make the bike out there to clients in six Indian cities and are increasing our presence quickly. Our objective with the F77 has been to create a driving expertise like no different, and with its industry-leading 307-km vary (IDC) and unbeatable efficiency figures, we have now been capable of show that it’s potential to construct a world-class bike fully in India. We already introduced the F77’s international rollout at EICMA 2023 final yr, and we’re dedicated to constructing a world electrical bike model from India.
Q: What are the important thing micro and macro components that can form up 2024?
For the reason that genesis of Ultraviolette, our imaginative and prescient has been to revolutionize how the world appears to be like at an electrical automobile. We imagine that it’s potential for EVs to compete and even outshine conventional alternate options in each approach, from design to efficiency to security, and the F77 is a testomony to this imaginative and prescient. The worldwide launch of the F77 additional strengthens our dedication to staying on the forefront of innovation in electrical mobility. After we have a look at the Indian market, OEMs are actually rolling out merchandise that function varied combos of expertise, design, battery structure, and vary as per varied buyer teams. Within the bigger scheme, we’re supported by accelerated EV adoption and consciousness in India and a forward-looking regulatory framework. This accelerated adoption will even see elevated efforts by all ecosystem stakeholders to increase the charging infrastructure and make charging simply accessible throughout the nation. General, we see a continued improve within the confidence of consumers in addition to OEMs.
Q: What’s your view on electrical autos for 2024?
Electrical autos will proceed to see speedy adoption throughout totally different cohorts of client segments as shoppers begin to perceive the true worth proposition of EVs. In EV 2-wheelers, gross sales noticed a 36% uptick in 2023, and we see this development persevering with. For us to drive this progress as an {industry} and additional improve its price, we proceed to advocate for extra diligent testing and constant R&D. Taking a cue from the expansion curve that we’re seeing within the general EV two-wheeler and the premium ICE two-wheeler market, we will even see a premiumization within the premium sector in the long term.
India has each the requisite amenities and world-class expertise to construct applied sciences that may set international requirements. Whereas we at Ultraviolette are taking our F77 to worldwide markets, we sit up for different OEMs growing their applied sciences and constructing merchandise.
Q:Whatwill be the important thing applied sciences that can form the subsequent decade of the mobility {industry}?
From Battery Administration Techniques (BMS) to Car Management Models (VCU), EVs are fashionable technological marvels that rely upon cutting-edge expertise. Just like client applied sciences, these are regularly evolving to supply higher, extra environment friendly, and safer autos on the roads. Whereas battery expertise will proceed to evolve, Ultraviolette has confirmed that an electrical automobile can supply as a lot, if no more, vary similar to an IC bike with a full tank of petrol whereas sustaining value parity at a product stage and important value financial savings by the price of possession.
Q: Do you suppose the auto {industry} has the potential to develop into the worldwide manufacturing hub and play an necessary position within the international worth chain?
The Indian auto {industry} has proven some inexperienced shoots within the route of changing into a world manufacturing centre, with some OEMs utilizing their Indian amenities to provide for international markets. The PLI scheme by the federal government has additionally given a lift to India’s manufacturing sector, however as a way to develop into a big contributor to the worldwide worth chain, the {industry} must evolve into an impartial expertise creator. Whereas for a number of key applied sciences, we’re nonetheless depending on exterior R&D, we’re witnessing a gradual transition. Indian expertise is now growing world class applied sciences for the EV {industry}, and our testing and R&D centres are additionally growing capabilities at a speedy tempo. We are able to count on to see the emergence of India’s applied sciences taking part in a higher position within the international automotive {industry} this decade.
Q: What are the important thing components that work in favor of India, and what limitations do we have now as a rustic?
In the case of high-performance bikes, India has all the time seemed in direction of the east or the west for inspiration. And at Ultraviolette, we needed to reverse this development.
Lots of the Indian OEMs have partnered with international manufacturers for expertise and engineering of their merchandise. We take immense pleasure in the truth that the Ultraviolette F77 is fully designed, developed, examined, and manufactured in India. We now have confirmed that India has the technical expertise, experience, and requisite amenities to construct a bike that matches and exceeds international benchmarks. Our current showcase at EICMA 2023 and the response obtained from all corners of the world is maybe the first-of-its-kind for an Indian OEM that has proudly showcased Indian expertise innovation with the purpose of constructing a world model.
Q: What’s your imaginative and prescient for 2030 for the automotive {industry}?
At Ultraviolette, our imaginative and prescient for the automotive {industry} is to be a pioneering pressure in electrical mobility, setting new requirements for sustainability. We purpose to guide the market with cutting-edge electrical mobility options, emphasizing design and efficiency. Our dedication extends to making a complete ecosystem of vitality infrastructure and expertise. Because the {industry} grows, we want to see extra innovation and R&D coming from Indians and Indian OEMs which are targeted on establishing India as a key participant within the international automotive worth chain. Fostering progress and innovation by a long-term, constant, and industry-focused coverage panorama will likely be key to reaching this objective.
