Tork Motors Has A Surprise For Us At Auto Expo 2023

At the Auto Expo 2023, Tork Motors, India’s first electric motorcycle manufacturer, will unveil an all-new model. Also, the company will showcase the refreshed Kratos-R with updated aesthetics. The only other model that the bikemaker offers is the Kratos. Tork Motors has confirmed that from January 1, 2023, the Kratos will cost INR 1.32 lakh and the Kratos-R will wear a price tag of INR 1.47 lakh. Both prices are ex-showroom Maharashtra and include the subsidies given on electric two-wheelers by the state government. Those interested can place their bookings via the company’s official website.

Ultraviolette Set To Expand Presence In And Outside India

Two investment firms – Qualcomm Ventures and Lingotto – have decided to back Ultraviolette Automotive Pvt. Ltd. – a Bengaluru-based start-up specialising in sustainable mobility and energy infrastructure – with investments. The new resources will be utilised towards increasing the brand’s presence in India and the subsequent expansion in international markets. Also, the funds will help bolster Ultraviolette’s technological capabilities. The firm’s first product – the F77 electric motorbike – is set to launch on November 24, 2022.