Ultraviolette Raises 85M and Taps Intel Chief
Indian electric motorcycle maker Ultraviolette has raised 85 million dollars and appointed Intel CEO Lip-Bu Tan as an adviser. The funds will support production scaling and international expansion into the United States and other key markets.
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Ultraviolette secured $85M in fresh funding and added Intel Corp CEO Lip-Bu Tan as an adviser, scaling its electric motorcycle production in India ahead of a planned United States entry. The funding round supports the electric vehicle maker's international expansion and mass-market product rollout.
