Video: Ultraviolette Targets Operational Break-Even in 2026 With Future IPO in Sight
Bengaluru-Based Electric Bike Maker Plans Product Expansion and European Growth Ahead of Planned IPO.
In Episode 3 of Start to Scale, Autocar Professional's Prerna Lidhoo sits down with Narayan Subramaniam, Co-founder and CEO of Ultraviolette Automotive, to discuss the company's decade-long journey from a small Bengaluru startup to one of India's most ambitious EV brands.
Narayan shares how Ultraviolette was inspired by Tesla's playbook, why the company chose to start with high-performance motorcycles, and the challenges of building deep EV technology—from batteries and thermal management systems to vehicle software and AI-driven features. He also explains how the company secured its first funding, built proprietary intellectual property, and expanded into Europe.
The conversation covers Ultraviolette's upcoming product offensive, including the X47, Tesseract and Shockwave, plans for operational break-even in 2026, EBITDA profitability in 2027, and preparations for a future IPO. Narayan also outlines the company's vision of creating a globally recognised Indian mobility brand.
Watch the full conversation here.
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06 Jul 2026
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Autocar Professional Bureau

Mukul Yudhveer Singh
Sarthak Mahajan