Ultra Motors Avails Tax Benefits In Delhi

Ultra Motor India plans to invest Rs. 150 crore over the next three years for product development, marketing and distribution in the country. They will be be launching five new e-scooters soon - three in low speed and two in high speed categories.
Ultra Motors has also slashed the cost of its electric scooters by 24 per cent in Delhi on back of tax benefits offered by the state government for environment friendly electronic vehicles. Moreover, the company has also announced a reduction of Rs. 9,000 on its high speed bike Velocity and Rs 8,000 on its low speed bike Marathon.