Ultraviolette’s answer to the global chip squeeze; The making of Indian flying taxis
According to Ultraviolette’s Founder and CTO, Niraj Rajmohan, RAM (random access memory) alone adds Rs 20,000 to the cost of a vehicle.
Ultraviolette, a Bengaluru-based company producing high-performance electric motorcycles, is grappling with the global memory chip shortage affecting electric vehicle manufacturers. Despite the higher input costs, Ultraviolette pledges not to pass on the increased expenses to customers. Founder and CTO Niraj Rajmohan is exploring alternative measures such as using software, components, and partnering with alternate manufacturers like TVS, TDK Ventures, and Intel for their expertise.
The company's focus is on tackling the issue rather than burdening their customers with the rising costs.
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