- 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.
E3 Electric.Ai Secures INR 1 Billion In Series A Funding Led By BluVenture Holdings
- By MT Bureau
- July 15, 2026
Bengaluru-based electric mobility startup E3 Electric.Ai has raised INR 1 billion in a Series A funding round led by BluVenture Holdings. The company intends to use the capital to support product development and expand its presence across India ahead of the launch of its E3 TRION scooter.
The start-up focuses on integrating artificial intelligence (AI) into electric scooters to manage safety, reliability and charging. Its platform utilises modular architecture to produce variants from a single chassis and incorporates AI for maintenance and routing.
E3 Electric.Ai maintains an R&D team and holds a portfolio of over 18 patents in modular architecture, battery systems and safety. The company positions its scooters as an alternative to the 110cc internal combustion engine segment.
P Sanjeev, Founder & CEO, E3 Electric.Ai, said, "At E3, we believe electric vehicles should predict, learn and continuously improve, making mobility safer, more reliable and affordable over time. E3’s DNA is defined by 3 words, Modular + AI + Human. Our Modular platform enables us to build multiple scooter variants from the same chassis. E3’s patented AI stack enables preventive maintenance check and smart routing to address range anxiety. E3 TRION is crafted with care and introduces best in class anthropometry-based ergonomics for a very comfortable ride. This investment enables us to accelerate our vision of making intelligent mobility accessible to millions of Indian families."
Shaun Dawson, LP with BluVenture Holdings, said, "As the world’s largest two-wheeler market, India is at an inflection point in its EV transition journey. E3 has built an impressive technology platform combining modular engineering with software-led intelligence that is tailor-made for electric scooters. Sanjeev’s deep expertise enabled E3 to build a profitable, sustainably scalable operating model instead of the industry's typical heavy-burn approach. E3 is smartly leveraging AI to track performance and health parameters, delivering predictive maintenance & value. We see the opportunity to build a category-defining company."
Ather Energy To Unveil Mass-Market Scooter On 29th August
- By MT Bureau
- July 14, 2026
Bengaluru-based electric vehicle maker Ather Energy has announced that the fourth edition of its community event, Ather Community Day, will take place on 29 August 2026 in Bengaluru.
On 29th August, Ather Energy will unveil its first e-scooter built on its EL platform, marking its entry into the mass-market scooter segment.
The EL platform is a vehicle architecture designed for versatility, scalability and manufacturing efficiency. The upcoming scooter is intended to address the price segment of INR 100,000 to INR 125,000. In addition to the vehicle, Ather will showcase innovations in technology, charging and ownership systems.
In what can be seen as a further interesting development, Hero MotoCorp, which was amongst the earliest backers in the EV maker, has approved an investment of INR 10 billion in Ather Energy.
At present, Hero MotoCorp holds 29.48 percent stake in the company. The new investment will further see subscription to equity shares or other eligible securities, including compulsorily convertible preference shares and warrants to be issued by Ather Energy on a preferential basis.
Ather Community Day serves as an event for owners, enthusiasts and partners to view product developments and company strategy. The 2025 event, held on 30 August, hosted over 4,000 attendees and featured the unveiling of the EL platform, the Redux concept vehicle, fast-charging technology and AtherStack 7.0.
HPCL Conducts Fuel Quality Inspections To Monitor Ethanol-Blended Petrol
- By MT Bureau
- July 14, 2026
Hindustan Petroleum Corporation (HPCL), one of the leading Oil Manufacturing Companies (OMCs), has conducted a series of inspections to monitor ethanol-blended petrol across its retail network.
Between 3 July and 13 July 2026, the company performed 1,385 regular field inspections, alongside 2,173 surprise inspections between 7 July and 13 July.
Additionally, HPCL’s Quality Assurance Cell completed 93 surprise inspections and 49 fuel samples were tested in mobile laboratories. According to HPCL, no irregularities, contamination, or issues regarding quality compliance were detected during these checks.
HPCL maintains a quality assurance system that includes field inspections, surprise checks and laboratory testing to ensure fuels meet specified standards.
Kazam Launches Integration Programme For Charge Point Operators Into Unified Bharat e-Charge Platform
- By MT Bureau
- July 13, 2026
Kazam has introduced a seven-day programme to assist Charge Point Operators (CPOs) in connecting their existing networks to the Unified Bharat e-Charge (UBC) platform at no initial cost.
The initiative utilises Kazam’s Beckn Provider Platform to facilitate the onboarding of CPOs to the interoperability layer developed by the Ministry of Heavy Industries, BHEL and NPCI.
Unified Bharat e-Charge is designed to provide an open network that allows users to find charging stations, check availability, compare prices and manage payments through compatible applications. CPOs with OCPI-compatible systems can integrate their current management systems, applications, and pricing models into the network.
Akshay Shekhar, Co-Founder and CEO, Kazam, said, “India does not need every charging operator to build another consumer application. It needs every reliable charger to become accessible through an open and trusted network. Through this programme, we want to ensure that the cost of integration does not prevent capable CPOs from participating in Unified Bharat e-Charge. Kazam will provide the provider-side infrastructure so operators can connect their existing ecosystems without rebuilding them from the ground up.”.
Participating CPOs will receive support for network assessment, OCPI integration, protocol enablement, sandbox testing and transaction validation. By joining the network, operators can improve the discoverability of their charging stations while retaining control over their assets, pricing and customer relationships. Kazam is already live on the network, supporting transactions through BHIM and other participants.

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