- 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.
- Montra Electric
- TIVOLT Electric Vehicles
- TVS Vehicle Mobility Solution
- e-SCV
Montra Electric Opens First e-SCV Dealership In Karnataka
- by MT Bureau
- March 19, 2025

Montra Electric’s e-SCV division, TIVOLT Electric Vehicles Private Limited, has inaugurated its first e-SCV dealership in Yashwantpur, Bengaluru.
This is the first e-SCV dealership in Karnataka, South India, and reinforces the brand’s commitment to expanding its footprint in the state. Strategically located at 45/4, Industrial Suburb, Tumkur Road, Yashwantpur, and managed by channel partner TVS Vehicle Mobility Solution Pvt Ltd, the 3S facility is designed to provide superior service and seamless ownership experience with advanced tools and cutting-edge infrastructure. Saju Nair, CEO of TIVOLT Electric Vehicles (SCV division of Montra Electric), and Madhu Raghunath, CEO of TVS Vehicle Mobility Solution Pvt Ltd, officially opened the new dealership in the presence of important stakeholders, including dealers, clients, suppliers and other notable visitors.
Nair said, “Karnataka is a key market for us, and we are excited to launch our first dealership in Yeshwanthpur. At Montra Electric, we are committed to pioneering innovation and sustainability in clean mobility. This new dealership marks a significant step in our journey, bringing us closer to our customers while reinforcing our commitment to high-performance e-SCVs. Through our partnership with TVS Vehicle Mobility Solutions, we aim to deliver tailored solutions and exceptional service, ensuring we meet the evolving needs of our customers.”
Raghunath said, “We are thrilled to collaborate with Montra Electric in establishing this new dealership. This partnership not only strengthens Montra Electric’s presence as a leading EV player in the region but also enhances customer access to reliable and high-performance e-SCVs. Together, we aim to expand our reach and deliver tailored mobility solutions that meet the diverse transportation needs of our customers.”
- Tesla
- geopolitical situation
- US
- Elon Musk
- China
- BYD
- price decrease
- electric
- EV
- performance
- passenger vehicles
- revolutionary
- charging
- technology
BYD Slashes Vehicle Prices; Launches Revolutionary EV Charging System
- by MT Bureau
- March 19, 2025

With Tesla facing some difficulty due to the geopolitical situation concerned US and its owner, Elon Musk as the man close to US President Donald Trump, it is China’s BYD that has announced lowering of prices of its electric performance passenger vehicles. According to a report in Yahoo News, buyers of BYD electric vehicles will have to spend no more than US$ 10,000 to acquire one for themselves. Not only undercutting domestic competitors BYD seems to be gearing up to undercut its global competitors like Tesla as well.
Besides announcing that its EVs will start at US$13,688 and feature ‘God’s Eye’ advanced driver assistance system as standard, BYD has also announced a revolutionary charging technology that works nearly as fast as a fill up. The ultra-fast EV charging system includes flash-chargers that can provide a full charge for its latest EVs within five to eight minutes. The time taken is similar to the amount of time needed to fill a fuel tank of an ICE vehicle.
Planning to build more than 4,000 new charging stations across China, the electric vehicle maker has been refining its battery and energy storage technology over time. Expanding its auto empire outside China, the company is known to claim that its one-megawatt flash chargers will provide power for up to 400 km in five minutes.
BYD founder Wang Chuanfu is known to have said in a recent statement that ultra-high voltage and a large current are required to maximise charging speeds. To completely solve users' anxiety over charging, our pursuit is to make the charging time for EVs as short as the refueling time for fuel vehicles, he elaborated.
Its flash-charging system relies on silicon carbide power chips with voltage levels of up to 1,500-volt. Developed in house, the system works to ultra-fast charge the Blade lithium-ion phosphate batteries found in BYD vehicles. The Blade battery technology of the Chinese company is considered to the world's safest and most efficient. Even Tesla is said to have taken to use blade batteries in some of its EVs, acknowledging its benefits over other battery technologies, sources in the EV industry claim.
BYD reported a sale of over 4.3 million new energy vehicles last year, up 41 percent when compared to the sale of 1.8 million battery electric vehicles and 2.5 million plug-in hybrids in the corresponding period the year prior.
In India, BYD unveiled the Sealion range of performance electric cars in January 2025 at the Bharat Mobility Global Expo 2025. It has been steadily expanding its reach in the country’s growing EV market, which is dominated in the passenger vehicle space by players like Tata Motors, JSW MG Motors and Hyundai Motor India among a few others.
- LG Energy Solution
- Doosan Bobcat
- Yooseong Oh
- Hyunchul (Charlie) Park
LG Energy Solutions Partners Doosan Bobcat To Develop Battery Pack Solutions For Construction Equipment Sector
- by MT Bureau
- March 19, 2025

South Korea’s LG Energy Solution and Doosan Bobcat have come together and signed an Memorandum of Understanding (MoU) to develop battery pack solutions for compact construction equipment’s to drive electrification in the sector.
The companies have agreed to co-develop standardised battery pack solutions for various construction equipment products including – skid-steer loaders and excavators – and also work together to for global markets such as North America. The partnership will actively explore new opportunities for other applications including ground maintenance equipment like tractors.
Furthermore, Doosan Bobcat will also look to introduce LG Energy Solution’s cylindrical batteries in its flagship construction equipment models.
Doosan Bobcat, a leading player in the construction equipment segment, has been actively pursuing the electrification strategy. This can be seen through the company’s establishment of a dedicated electrification organisation in January 2025. It also aims to establish an R&D centre in Anyang, in the second half of the year to conduct electrification research and verify battery pack production technology.
Yooseong Oh, Senior Vice President and Head of LG Energy Solution’s Mobility & IT Battery Division, said, “We are excited to collaborate with Doosan Bobcat, a global leader in construction equipment, to develop electrification technologies and expand our business in this vitally important sector. We remain deeply committed to leading the challenge of electrifying various industries.”
Hyunchul (Charlie) Park, CSO and Executive Vice President of Doosan Bobcat, said, "We are pleased to develop battery packs for compact construction equipment on the back of excellent quality and stability of LG Energy Solution's cells. We will standardise battery packs for compact construction equipment and provide solutions to major markets such as North America."
- VST Supercars
- Porsche
- Porsche Showroom
- Porsche Macan EV
VST Supercars Opens New Porsche Showroom In Bengaluru
- by MT Bureau
- March 18, 2025

VST Supercars Pvt Ltd, the official dealer for Porsche in Karnataka, has opened another showroom in Whitefield, Bengaluru. The new 3S facility (sales, service and spares) features Porsche’s latest all-electric SUV, the all-new Macan EV, and reinforces VST Supercars’ commitment to delivering an unparalleled Porsche experience to customers.
Porsche's entire model portfolio is on display at the showroom, along with a wealth of personalisation possibilities for buyers. Customers may interact with Porsche outside of the showroom floor thanks to the facility's distinctive driving experiences in addition to sales. This brand-new facility, the only authorised Porsche service centre in Bengaluru, is manned by highly skilled specialists and furnished with diagnostic equipment to provide owners with top-notch upkeep, repairs and authentic Porsche components. VST Supercars is further solidifying its position in Bengaluru's luxury automobile market with this expansion, giving aficionados all around the city more convenience, service and access to Porsche automobiles.
Arun Surendra, Chairman & Managing Director, VST Group, said, “With a new showroom, we are making Porsche more accessible to our customers in Bengaluru. This facility is designed to offer a better buying and ownership experience, whether you’re purchasing your first Porsche or maintaining a long-time favourite.”
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