Ultraviolette Automotive, renowned for its cutting-edge Electric Vehicle Platforms and Battery Technology, is pleased to announce Ajay Shanker as the CFO. With over 25 years of financial expertise from roles at Schneider Electric, IIM Bangalore – NSRCEL, Aricent (Flextronics), Cannon Inc, and Yamaha Motors, Ajay’s most recent role was as CFO at Schneider Electric, where he managed their International Business GSC across different regions. This appointment reflects Ultraviolette’s commitment to growth and advancement in the industry.

Narayan Subramaniam, CEO & Co-Founder of Ultraviolette, stated that Ajay’s vast experience and strategic vision will be crucial as the company transitions into a global product company with various business verticals. Ajay’s leadership is anticipated to boost their capacity to reach objectives and grow electric mobility worldwide.

Ajay Shanker, Ultraviolette’s CFO, shared his enthusiasm for the company’s goal to lead in electric mobility with innovation and a solid business strategy. He is eager to play a part in transforming electric mobility on a global scale.

Niraj Rajmohan, Ultraviolette’s CTO & Co-Founder, emphasized the importance of Ajay’s financial strategy expertise and growth management skills. These qualities are essential for the company’s evolution in shaping the future of sustainable transportation.

This important appointment is in line with Ultraviolette’s growth and innovation strategies in electric vehicle industry. It is backed by strong business foundations and previous achievements, including the F77 winning “Electric Two-Wheeler of the Year” at the AUTOCAR Awards 2024.