Greaves Electric Mobility Ltd (GEML), the e-mobility arm of Greaves Cotton Ltd, reported robust sales in January. Under the company’s flagship Ampere brand, it sold 3,611 units in January, making it the 5th best-selling electric two-wheeler brands in India, according to the vehicle portal.
The manufacturer reported a 53% year-on-year growth and a 27% month-on-month growth, driven primarily by sales of its premium family electric scooters – Nexus and Magnus Neo. Overall, retail growth for Ampere (including slow-speed vehicles) stood at 38% month-on-month, which is higher than the industry growth average.
The Magnus Neo, the updated variant of the recently launched Ampere Magnus, features several upgrades over its predecessor in terms of styling, power, robustness, savings and safety. The e-scooter features an LFP (lithium iron phosphate) battery and offers a certified range of 100+ km for extended rides with a charging time of 5-6 hours. The company also released its family scooter Nexus in early 2024.
Labelled ‘The Nex Big Thing’, this scooter is equipped with high-performance and family-focused features, including a top speed of 93 kmph and a certified range of 136 km. Notably, both these scooters earned a place in the India Book of Records for their launches with record-setting journeys across India, highlighting their performance and durability.
Greaves Electric Mobility also continues to dominate the electric three-wheeler segment. MLR Auto Limited, a subsidiary of Greaves Electric Mobility, also said that Elly, another subsidiary of the group involved in the e-rickshaw segment, has posted remarkable sales in recent months, especially in the key market of Uttar Pradesh, where it witnessed a quarter-on-quarter growth of 21%.
Greaves Electric Mobility’s products address the mobility and needs of various segments. Building on the 165-year history and network of Greaves Cotton Limited, Greaves Electric Mobility Limited aims to transform electric vehicle ownership by creating an ecosystem that provides last-mile mobility solutions.