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The startup, founded in 2016, introduced its flagship high-performance electric motorcycle F77 in India in 2022. Now, with the launch of its more accessible F77 Mach 2, Ultraviolette plans to expand its retail presence outside of Bengaluru and foray into new markets overseas. By the second half of this year, it aims to achieve cash flow breakeven while continuing to invest in R&D and technology.
LiveWire Group, Inc. today reported first quarter 2024 results. We are pleased with the successful launch of the S2 Mulholland, and with three bikes in market, we are.