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Ultraviolette eyes 5 lakh annual sales by 2030, posts record Q1

Ultraviolette Automotive achieved its best quarter, selling over 1,500 electric motorcycles. The company's X47 model drives this impressive sales growth and market penetration. Bookings are evenly split between Tier 1 and Tier 2 cities, indicating wider adoption. Delhi's new EV policy presents an opportunity for the company's future expansion. Ultraviolette aims to sell four to five lakh vehicles annually by 2030.

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