India’s Ultraviolette Automotive has appointed Intel CEO Lip-Bu Tan as an adviser and included him in an $85 million funding round led by Yali Capital and TDK Ventures, with participation from Walden I and other investors. Backed by TVS Motor, the electric motorcycle maker plans to scale existing production, launch the Tesseract and Shockwave models, and develop next-generation EV platforms. Ultraviolette has a presence in India and Europe and is targeting the United States in 2027, alongside growth in Latin America and Southeast Asia. The company is also considering a 7.79 billion rupee ($81.37 million) manufacturing plant, while registrations have nearly tripled year-to-date from the previous year, according to national vehicle registry data.