New Delhi, Sept. 24 -- Ultraviolette Automotive has just launched its latest electric motorcycle, the Ultraviolette X47 Crossover, which comes as a crossover between a naked streetfighter and a purpose-built adventure tourer. With this new electric motorcycle, the Indian EV startup is aiming to ramp up its business efforts in the rapidly growing Indian electric two-wheeler market.

What's more interesting is that Ultraviolette is planning to license its battery technology to other players in the industry. While this would help other companies to build their EVs in a shorter timespan with reduced time for R&D, Ultraviolette will benefit from a fresh and higher-margin revenue stream.

Speaking about this, Ultraviolete CEO Narayan Subramania...