Ultraviolette says it won't pass rising memory chip costs on to riders
Bengaluru-based Ultraviolette, which makes high-performance electric motorcycles, says it will not pass rising memory chip costs on to customers, YourStory reported on October 23.
Memory chips store data, run control software and manage real-time operations in electric vehicles. According to founder and CTO Niraj Rajmohan, RAM alone adds Rs 20,000 to the cost of a vehicle. A surge in demand from large data centres has squeezed supply and pushed up chip prices.
Rajmohan said it would not be fair to pass the costs on to customers. A threefold jump in memory prices cannot become a threefold jump in the price of an electric bike, he said.
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For now, the company is scouting for alternative parts, including software, components and technologies, and for alternative manufacturers to partner with.
It is also drawing on the know-how of partners that hold a stake in the company, including TVS, TDK Ventures and Intel. Rajmohan did not say which alternatives it will adopt.
He spoke at the launch of the X-47 Venom, Ultraviolette's first motorcycle on its new VX-100 platform, a 100V electric powertrain architecture that supports DC fast charging at up to 12 kW.
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