News for '-ultra-motor-company'

Top 5 electric bike makers in India

Top 5 electric bike makers in India

Rediff.com9 May 2013

Here are the best models in the market right now.

Ultra alliance with Munjals over

Ultra alliance with Munjals over

Rediff.com4 Apr 2008

Speaking on the cancellation of the deal, Joe Bowman, chief executive officer of Ultra Motors, said, "The opportunity cost of selling electric vehicles in India does not fit strategically under this joint agreement. We intend to create shareholder value and positively impact those markets where we operate. We have come to believe India is one of the largest markets in the world. So we are looking forward to develop it independently."