EV firms focussed on high-tech products need more support: Ultraviolette founders

Pitching for more government benefits for firms working on high-tech and premium products, the cofounders of electric bike maker Ultraviolette said such support could spur exports from India and help push up the technology benchmark of the local electric vehicle ecosystem.
The firm, which launched the latest version of its flagship bike F77 on Wednesday, is set to begin deliveries of its bikes in European Union (EU) markets like Turkey, Spain and Germany from the second half of this year. The latest version of the F77 is called the Mach 2.