- Tesseract
- performance e-scooter
- tech day
- Bengaluru
- Ultraviolette Automotive
- product
- 50
- 000
- pre-bookings
Ultraviolette Tesseract Attracts 50,000 Pre-Bookings
- By MT Bureau
- March 19, 2025
After unveiling the Tesseract performance e-scooter at its tech day in Bengaluru recently, Ultraviolette Automotive has announced that the respective product has attracted 50,000 pre-bookings. Terming the development as groundbreaking, the CEO and Co-Founder of the company, Narayan Subramaniam, said, "The response to the Tesseract has been absolutely phenomenal. Crossing 50,000 pre-bookings in just two weeks reflects the appetite for a truly advanced mobility solution. The Tesseract is not just another electric scooter—it is a revolution in the way people perceive commuting. It is a proud moment for us to see such enthusiasm and support from all corners of India. Our goal is to keep pushing the boundaries of technology, design, and performance, and we are thrilled to see such excitement around it.”
“The e-scooter features a segment first integrated radar and dashcam, seamlessly coupled with Omnisense mirrors, providing advanced safety technologies such as blindspot detection, lane change assist, overtaking assist and real-time collision alerts,” he added.
Informing that the electric two-wheeler is equipped with traction control and dynamic regeneration to ensure superior safety and energy efficiency, Subramaniam averred, “The Tesseract has a seven-inch touchscreen TFT display and multi-colour LED displays embedded in the ORVMs to further enhance rider awareness and reduce the risk of accidents.”
With a peak power output of 20 bhp, the Tesseract e-scooter has a range of 261 km (IDC). It can be fast charged to 80 percent in less than an hour. The overwhelming pre-bookings for the vehicle account to a development that comes against the background of Ultraviolette Automotive floating an IPO. Backed by TVS Motor Company and Qualcomm Ventures, the Bengaluru-based company is looking to raise US$ 500 million in 2026-27, claim industry sources.
Ather Energy, backed by Hero MotoCorp, is scheduled to raise US$ 400 million next month through listing and share sale, the sources underlined. The Ultraviolette Automotive IPO, they added, will be the second largest after Ola Electric, when floated in 2026-27. Ola Electric raised INR 61.45 billion through its IPO in August 2024.
Rincell Targets To Ship 500,000 Battery Cells By December 2026
- By MT Bureau
- November 04, 2026
Rincell has announced that it expects to ship over 500,000 battery cells across its product portfolio by the end of 2026, driven by commercial adoption of its RC50 21700 cell. The company is actively supplying battery cells to customers across the US, Europe and India.
The RC50 cell combines a 5Ah energy capacity with a 25A continuous and 50A burst output, retaining 80 per cent of its capacity after 1,200 full charge cycles. The cell has achieved UN 38.3 certification for international transport, IEC 62133 compliance for European markets, and BIS certification for India.
Applications for the RC50 encompass medical X-ray equipment, industrial machinery, commercial drones, and electric two-wheelers. In India, battery pack manufacturer Autorev is integrating the RC50 into its battery packs for electric scooters and motorcycles.
Founded in January 2023, Rincell operates a 6,500 sqft pilot manufacturing facility in Fremont, California, while carrying out volume production primarily in India. The company is currently constructing a production facility in the US, which is scheduled to become operational in late 2027.
Jignesh Parikh, Co-Founder and CEO, Rincell, said, "The RC50 is our all-rounder. It combines high energy, high power and long life in one cell, driving adoption across a wide spectrum of demanding commercial markets and building major order traction. Delivering that level of performance consistently and at scale is where so much of the battery industry has struggled, and it is what Rincell was built to do."
Mohammad Ubeduddin, CTO, Autorev, said, "Electric two-wheelers are one of the toughest jobs a battery can do. Riders in India push their scooters and motorcycles hard every day, through heat and stop-start traffic, so our packs need range, punch and a long working life all at once. The RC50 gives us all three in a single cell, and it has performed consistently in our own testing. That is what lets us build packs our customers can rely on as India’s electric two-wheeler market scales."
Epsilon Advanced Materials Launches EpSil Silicon-Graphite Anode Material
- By MT Bureau
- November 04, 2026
Epsilon Advanced Materials has announced the launch of EpSil, a silicon-graphite composite anode material developed for electric vehicle battery cell manufacturing. The material is designed to increase battery energy density and enable driving range extensions of up to 30 percent without altering existing battery pack dimensions, or allow vehicle manufacturers to reduce pack size while maintaining current range metrics.
EpSil delivers a claimed reversible capacity of 600–650 mAh/g, compared to 340–360 mAh/g for conventional graphite anodes. The composite addresses structural cycle-life challenges associated with silicon expansion and contraction during charge cycles while supporting 1C–5C charge rates.
The material engineered by Epsilon aims to limit lithium plating risk and dendrite formation during high-rate charging protocols, and is compatible with existing battery cell production lines. The launch occurs against an expansion in global battery demand, with International Energy Agency data recording 1.2 TWh of electric vehicle battery deployment in 2025 and projecting demand to approach 3 TWh by 2030.
Vikram Handa, Managing Director, Epsilon Advanced Materials, said, "Battery manufacturers are being asked to deliver more range and faster charging without making battery packs larger. With Epsil, we are delivering higher anode capacity, stable fast charging and compatibility with existing manufacturing lines. Our aim is to give customers more flexibility in how they design for vehicle range and pack size, through a resilient & secure anode material supply option from India."
Revolt Motors Secures Order For 1,100 Electric Motorcycles From Bihar Police
- By MT Bureau
- November 04, 2026
Revolt Motors, a wholly-owned subsidiary of RattanIndia Enterprises, has secured an order to supply 1,100 BlazeX electric motorcycles to the Bihar Police for patrolling operations. The contract represents an expansion of the company's institutional business into law enforcement mobility.
The BlazeX model features a claimed range of up to 150 km per charge and can be recharged using a standard 10A power socket. The vehicle is equipped with a removable battery, under-seat storage for the charger and built-in GPS for fleet location tracking and monitoring.
Delivery of the vehicles is contracted for completion by January 2027, with Revolt Motors targeting completion of deliveries by November 2026. The deployment expands Revolt Motors' operational footprint, which currently includes a network of over 182 dealerships across India.
Anjali Rattan, Chairperson of RattanIndia Enterprises, said, "Securing an order for 1,100 electric bikes from Bihar Police is a significant step for Revolt. Institutional mobility presents a different set of requirements from individual ownership, and engagements of this scale give us an opportunity to take our products into real-world operating environments. We see institutional adoption as an important avenue for expanding the role of electric bikes in India."
- Amara Raja Energy and Mobility
- Harshavardhana Gourineni
- Amara Raja Group
- Vikramadithya Gourineni
- Jayadev Galla
Amara Raja Reports INR 5.2 Billion Net Profit For Q2 FY2027
- By MT Bureau
- November 03, 2026
Amara Raja Energy and Mobility has announced its financial performance for Q2 FY2027, reporting revenue from operations of INR 38.43 billion, up 13.43 percent increase compared to INR 33.88 billion a year ago.
The profit before tax and exceptional items stood at INR 2.5 billion for the quarter ended September 30, 2026, compared to INR 2.8 billion in the same period of the prior year. For the half-year ended September 30, 2026, revenue reached INR 78.84 billion as against INR 67.38 billion in the previous half-year, while profit before tax stood at INR 5.2 billion.
The company attributed the performance to demand in the automotive battery aftermarket and original equipment manufacturer segments, home energy operations and stationary telecom battery packs.
Harshavardhana Gourineni, Executive Director of Automotive and Industrial, Amara Raja Group, said, "Robust OEM demand across 4W and 2W, together with healthy aftermarket volumes, drove domestic revenue growth of over 10 percent, while Industrial UPS grew over 7 percent. International demand remains strong, but geopolitical shipping disruptions have temporarily limited our ability to fulfil it. As logistics normalise, we are confident of accelerating growth."
Vikramadithya Gourineni, Executive Director of New Energy Business, Amara Raja Group, said, "We continue to see strong volume growth, led by the stationary segment, while our Giga Factory-1 in Telangana remains on track. With the Telecom sector rapidly shifting to lithium, we are confident of sustaining our market leadership through this technology transition. Our BESS plant is also expected to come online next month, further strengthening our capabilities across the energy storage value chain."
Jayadev Galla, Chairman and Managing Director, Amara Raja Group, "We delivered a solid performance this quarter. Our Lead Acid Business continued to perform strongly, supported by broad-based traction across segments, while the New Energy Business maintained its growth momentum. The progress on our Giga Factory remains on track, reinforcing our confidence in building a strong, future-ready energy platform."

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