- Launches Battery Flex: Battery-as-a-Service (BaaS) in partnership with Ecofy
- Now own an Ultraviolette X-47 Crossover at 40% lesser upfront cost, beginning at just ₹149,000
- The battery subscription begins at just ₹ 2499 per month, with a warranty of 5 years on the battery pack
Bengaluru, March 5, 2026 – Following the resounding success of the X-47 launch, Ultraviolette, India’s pioneering innovation-driven mobility manufacturer, today launched ‘Battery Flex’ (BaaS). This initiative marks the beginning of a transformative chapter, introducing a unique ownership model that redefines accessibility and affordability for customers across the nation.
In partnership with Ecofy, India’s green-only NBFC focused on accelerating climate-positive adoption through specialised financing , Ultraviolette reinforces its commitment to democratizing advanced mobility solutions, ensuring that cutting-edge technology is within reach for a wider audience. By offering flexibility and cost efficiency, Battery Flex is set to accelerate the adoption of sustainable transportation and strengthen India’s position at the forefront of global mobility and innovation. This collaboration underscores a shared commitment to making advanced electric mobility more accessible, scalable, and economically viable for Indian consumers.
With this new initiative, customers can now own an Ultraviolette X-47 starting at just ₹1,49,000, while subscribing to the battery beginning at just ₹2499 per month. This model allows customers to pay for the bike chassis while financing the battery separately under a steady monthly subscription fee.
Narayan Subramaniam, CEO & Co-founder at Ultraviolette commented, “At ₹2.5 lakh, Ultraviolette was at price parity with similarly powered ICE motorcycles. Now, with a starting price of ₹1.5 lakh, riders gain access to better technology, features, and performance that outpaces every segment. With operating costs as low as ₹2499 per month, which is lesser than the average spends on petrol, we are redefining what affordability means in motorcycling. The introduction of Battery Flex makes performance, technology-driven mobility more attainable and practical for riders across India, while keeping the focus firmly on what matters most: the thrill of riding an Ultraviolette.”
Battery Flex offers customers reduced upfront costs by lowering the initial investment in owning an Ultraviolette X-47 Crossover by 40%. At the end of the subscription period, battery ownership is transferred to the customer at no additional cost. Enrolments for Battery Flex begins on March 5th , 2026, offering riders across India a new way to experience performance mobility without compromise.
“Battery technology sits at the core of every electric vehicle, and at Ultraviolette we have invested years of R&D to ensure our batteries deliver uncompromised performance, safety, and longevity. With the launch of Battery Flex, we are extending this innovation to our customers in a way that is both flexible and accessible. It reflects our commitment to building technology that adapts to customer needs and makes performance mobility more practical than ever before”, added Niraj Rajmohan, CTO & Co-founder at Ultraviolette.
With Battery Flex, Ultraviolette is not only lowering barriers to EV adoption but also setting new benchmarks in affordability, convenience, and sustainability in performance and tech-led mobility for riders across the world.
About Ultraviolette Automotive:
Ultraviolette (UV) is an innovator in future-ready Electric Vehicle Platforms and Battery Technology. Infused with Aviation DNA, this enterprise was conceived in 2016 by the founders, Narayan Subramaniam and Niraj Rajmohan. Ultraviolette is backed by a spectrum of global investors, including Lingotto (a subsidiary of Exor N.V., renowned for its majority or controlling stakes in iconic brands and global leaders such as Ferrari, Stellantis, CNH Industrial, The Economist Group, Via, and Juventus), Qualcomm Ventures, Zoho Corporation, TVS Motors, TDK Ventures, and Speciale Invest.
For more information, visit https://www.ultraviolette.com/
Social Media
- Instagram: @ultraviolette_automotive
- YouTube: @UltravioletteEV
- Twitter: @UltravioletteEV
About Ecofy:
Backed by Eversource Capital, Ecofy envisions being a catalyst in accelerating the transition towards a net zero-carbon world. It partners with individuals and small businesses who want to reduce their carbon footprint and restore balance to the planet. Ecofy offers loans for Electric
Vehicles (Two & Three wheelers), rooftop solar, and small-medium enterprises providing E2E digital experience.
To know more, visit the official Ecofy website: https://www.ecofy.co.in/
LinkedIn: https://www.linkedin.com/company/ecofyfinance/
Media Contacts:
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Neha Mehta- [email protected]
Vinod Babu- [email protected]
Alwin Jeffery- [email protected]
Sohan Chalke- [email protected]
Shambhabi Chatterjee- [email protected]
