Ampere's electric vehicles come with one to three-year warranty and strong after-sales service network with over 300 Greaves retail stores and in over 5,000 aftermarket outlets in the country. Moneycontrol reports that Ampere’s battery-powered scooters, which would reach the … Following the first phase, Greaves Cotton plans to acquire an additional 13% stake in Ampere Vehicles company in the next three years “at its discretion” for $10.6 Mn ( INR 75.5 Cr). Moorti Tractors - Offering Reo Elite ( Ampere By Greaves ), Key, 5-6 Hours at Rs 60000/unit in Faridabad, Haryana. “When you look at the typical customer base, roughly … Ampere Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton Ltd., today announced the acquisition of Noida based E-3Wheeler company Bestway Agencies Pvt. Ampere will pay Rs 7 crore ($930,000 at current exchange rates) in cash to acquire a 74% stake in Bestway in the first phase by the end of July. Dealership Zeal & Reo Elite electric vehicles launched. These vehicles are superior solutions for commuters who otherwise walk long distances or take public transport for their daily needs and boon to various E-commerce players who seek affordable and agile solution for their quick delivery in otherwise congested locales. Greaves invested ₹77 crore in Ampere in October last year, acquiring 67.34 % stake. Giving access of electric mobility solutions to millions of individuals at the bottom of the pyramid, Ampere by Greaves specializes in last mile, affordable mobility solutions. Ampere Zeal Highlights. Started in 2008 to revolutionize electric vehicles in India to provide ‘Affordable Personal Mobility’ solutions, Ampere has come a long way in design, development, manufacturing and marketing of battery-operated electric cycles, two-wheelers, three-wheelers and custom built vehicle. Greaves completes acquisition of Ampere Vehicles The company announced completion of the BSVI certification for its single cylinder diesel engine. Greaves Cotton, in 2018, first picked up 67.34 per cent stake in Ampere Vehicles for Rs 77 crore. Greaves Cotton Limited, All rights reserved. Solutions, LIFE mahendra Colony Cantonment, Rajbari, Dum Dum, Kolkata 8/s-1 Dr Sailen Das Sarani, Dum Dum Dum Dum cantt, mahendra Colony Cantonment, Rajbari, Dum Dum, Kolkata - 700028, Dist. Greaves Cotton ups stake in Ampere Vehicle to 81.23%. The road built on perseverance is best traveled with those who are fully charged. Ampere By Greaves ₹ 45,000/ Piece Get Latest Price. This belief is reflected in design, development and manufacturing of battery operated electric vehicles, two wheelers, three wheelers and custom built vehicles. Ltd, it said in a stock-exchange filing on Monday. Ampere Vehicles is the e-mobility arm of Greaves Cotton and has a significant presence in the domestic electric two-wheeler segment. Reo /Ampere electric scooter #Ampere by Greaves specializes - EV Shift. When Ampere was first acquired by Greaves Cotton in 2018, it had a 67.34 per cent stake in it. AMPERE By Greaves Item Weight 86 Kilograms Batteries 1 Product Specific batteries required. Verified Supplier. Kolkata, West Bengal. LBS Marg, November 14, 2020. We at Ampere vehicles, have been accelerating the mission of affordable clean mobility solutions for emerging India since last 10 years. After gradually increasing its shareholding in its subsidiary over the past year, Greaves Cotton has now acquired 100% stake in Ampere Vehicles Pvt Ltd. Ampere By Greaves ₹ 45,000/ Piece Get Latest Price. Their … Ampere, recently bought out by Greaves Cotton, has been making various electric mobility solutions for over 10 years. The most popular names in the line-up include Reo, V48, Zeal, Reo Elite and Magnus. Get the complete range which is distributed through 137 Ampere Scooter Dealers in 104 cities in India. Enabling Micro entrepreneurs – Ampere vehicles has enabled many micro entrepreneurs in the country to scale up their business and grow in profession, like traders, vendors, delivery partners, e-commerce partners etc Empowerment possibilities – The Coimbatore factory employs more than 35% woman thereby creating empowerment opportunities to the women workforce and growing. Lead Acid or Lithium Ion, both batteries can last 12-15 months at ease. 9 talking about this. So has it cracked the code? HOLA Greaves Cotton has invested an additional ₹ 38.49 crore in Ampere Vehicles by acquiring 25,73,5129 equity shares through primary and secondary purchase. Greaves Cotton, a leading engineering company in India has introduced an electric scooter called Ampere Zeal. Pre Book, Terms & Conditions Our Story Ampere Vehicles has the might of Greaves Cotton behind it and has been selling e-scooters in India since 2008, so you can now buy the Magnus Pro from any of … Ampere electric vehicles come with one to three-year warranty and after-sales service network with over 300 Greaves retail stores and in over 5,000 aftermarket outlets in India. A new age Ampere showroom, right near you! Oct 29, 2019, 12:56 PM “What scooter is that? NEW D B ENTERPRISE. The Ampere Zeal has been launched in India at Rs 66,950 (ex-showroom, Bengaluru). Cost of replacing batteries is also low. Greaves Cotton Limited has proposed to acquire the remaining 18.77 per cent stake in electric-vehicle maker Ampere by making an additional investment of Rs 60 crore.Having acquired a majority stake in August 2018, Greaves currently holds an 81.23 per cent stake in Ampere. The company has acquired 25,73,529 equity shares in its subsidiary, Ampere vehicles, through primary and secondary purchase for a total consideration of Rs 38.49 crore. The Greaves CEO points out that Ampere caters to affordable mobility at the bottom of the pyramid. Greaves Cotton is in the process of setting up charging stations for Ampere electric scooters. In October 2018, Mumbai-based Greaves Cotton had acquired a stake of 67.34 per cent in Ampere Vehicles after investing ₹ 77 crore. 16 patents have been filed in electric mobility and 3 patents have been approved. US, Electric 2 After gradually increasing its shareholding in its subsidiary over the past year, Greaves Cotton has now acquired 100% stake in Ampere Vehicles Pvt Ltd. US, Power The new age of Ampere. (CIN – L99999MH1922PLC000987) In July 2019, the company picked an additional 13.89 percent stake in Ampere Vehicles for Rs 38.5 crore by way of primary and secondary share purchases. Ampere acquires 74% stake in e-rickshaw company Bestway Greaves Cotton launches ‘Greaves … Read about company. Electric Vehicles save more – Today, more than 50,000 happy users of Ampere vehicles have experienced freedom while saving approx. The acquisition was completed in November 2019. Please try your search again later. We at Ampere vehicles, have been accelerating the mission of affordable clean mobility solutions for emerging India since last 10 years. Moorti Tractors - Offering Reo Ampere By Greaves, Key, 7-9 Hours at Rs 42000/unit in Faridabad, Haryana. Ampere Zeal Highlights. MUMBAI: Engineering company Greaves Cotton, which manufactures and supplies automotive engines to Piaggio amongst other companies, on Monday invested Rs 16 crore in electric two-wheeler maker Ampere Vehicles, increasing its stake in the latter to 81.23% from 72.11%. In June 2019, Ampere became one of the first EV manufacturers in India to launch a high-speed electric two-wheeler (speed more than 40 kmph) called Zeal. The vehicle is suitable for both short and long trips. Ampere Zeal has been launched with a subsidy of Rs. The Ampere Zeal has been launched in India at Rs 66,950 (ex-showroom, Bengaluru). Ampere R&D is recognized by the Department of Scientific and Industrial Research (DSIR), Delhi. Unit No. Electric mobility vehicles that assist in the transportation of cargo and goods. The women workforce is employed in all functional areas comprising of the assembly line, R&D, Testing, Quality, Business Development and Operations etc. Affordable, eco-friendly, stylish electric Scooters powered by Lithium-Ion or Lead Acid batteries to suit your needs. With this investment, Greaves has increased its holding in Ampere to 81.23 per cent from 67.34 per cent. Please contact us for further information. Mumbai 400070. Greaves Cotton, an Indian engineering company that manufactures engines and heavy equipment, has announced that it will acquire a majority stake in the EV company Ampere Vehicles. Growing at a fast rate, have a look at our newly made stores and distributor outlets. The Greaves CEO points out that Ampere caters to affordable mobility at the bottom of the pyramid. The investment comes close on the heels of the Rs 22.5 crore investment made by Greaves into Ampere … mahendra Colony Cantonment, Rajbari, Dum Dum, Kolkata 8/s-1 Dr Sailen Das Sarani, Dum Dum Dum Dum cantt, mahendra Colony Cantonment, Rajbari, Dum Dum, Kolkata - 700028, Dist. With such a large backup and support, this EV company plans to take on the country with a range of electric scooters. CHENNAI: Engineering company Greaves Cotton has entered a definitive agreement to acquire a majority stake of 67% in Ratan Tata-backed electric vehicle maker Ampere Vehicles for Rs 77 crore. The vehicle design, load bearing capacity, high power motors all allow you to enjoy the ride with a companion behind you. Engines, Agri The battery-motor operating system and other electronics are well insulated from rainwater making it completely waterproof. Ampere Vehicles, is a Coimbatore-based electric vehicle manufacturer, which has now tied up with diversified engineering company Greaves Cotton. Find answers in product info, Q&As, reviews There was a problem completing your request. Oct 29, 2019, 12:56 PM “What scooter is that? Authorized Retail Dealer of Ampere By Greaves, E-bikes & E-scooty, Mahindra E-Alfa Mini( E-Rickshaw), E Scooty and Mahindra Treo Yaari Lithium (E-Rickshaw) offered by … Ampere, a subsidary of Greaves Cotton Limited, stepped into it’s 12th year of existence. Greaves Cotton had in 2018 first picked up 67.34 percent stake in Ampere Vehicles for Rs 77 crore. We switched to this line of thought way back in 2008. Ampere by Greaves has a decade of experience in building and manufacturing electrical vehicles. © Ampere Vehicles, 2019. The first company in India to indigenously manufacture key components of an Electronic Vehicle. © 2018 Greaves Cotton Limited. Reaching out to our customers through events, activities and exhibitions etc. Get contact details and address | ID: 21977197688 Aion LX (fully Electric Car) November 14, 2020. 5.0 out of 5 stars Date First Available 25 November 2019 Have a question? The motor comes with a higher kW rating with excellent torque power. You can go up the slope with ease with the well. AMPERE By Greaves Item Weight 86 Kilograms Batteries 1 Product Specific batteries required. Magnus Pro electric scooter launched. With our experience and current advancement in research and development, we are looking forward to pushing the boundaries of electric vehicles across India. All Rights Reserved. ₹ 66,950 (ex-showroom) after subsidy. FacebookInstagramGoogleNews AdsOther Source, Introduction of Indigenized Charger and IQ Battery. Ampere Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton Ltd., today announced the acquisition of Noida based E-3Wheeler company Bestway Agencies Pvt. Last year, Greaves picked up just over 67% stake in Ampere for Rs 77 crore. They will set up around 100 charging points in three months and eventually close to 5,000 charging stations across India. ASIN B081RPHMZN Customer Reviews: 5.0 out of 5 stars 1 rating. A typical battery charges to full in 6-8 hours, so while you are working in office or sleeping overnight at home, just keep your battery for charging alongside and be ready to drive carefree. Best Electric Cars For 2021. Additionally, non-promoter stakes owned by Ratan Tata , chairman emeritus, Tata Group, and Kris Gopalakrishnan, cofounder, Infosys, will also be bought by Greaves, the official said. Greaves stake in the company has now ascended from 67.34 per cent to 81.23 per cent. The launch is part of the company's strategic initiative to strengthen and expand presence in last-mile e-mobility space, the release said. It has so far invested ₹180.49 crore in Ampere. Ampere Vehicles is the company's e-Mobility division. Sudipto Chaudhury. Also with the fast-growing network of Greaves Care or other charging providers, the batteries can be charged in short time while on-the-go. Also Read: Ampere Launches Two New Electric Scooters In India Twitter; Search for: Electric Cars. The acquisition was completed in November 2019. In the first phase, Greaves will acquire 67% of the company at … The launch is part of the company's strategic initiative to strengthen and expand presence in last-mile e-mobility space, the release said. Get contact details and address | ID: 21977106473 Experience Freedom – Ampere users today experience freedom of moving on 2 wheeled vehicle, enjoy comfortable hassle-free long rides, away from travelling in public transportation or long walks. The vehicle comes with very less moving parts compared to conventional vehicle. Buyers will get benefits like quick loans, collateral free loan, attractive interest rates, personal assistance through the entire process, and customizable loan tenure among others. Depending on the model, with 1 full charge of the battery, you can travel at a range starting at 70 km. Greaves Cotton, in 2018, first picked up 67.34 per cent stake in Ampere Vehicles for Rs 77 crore. Have a glance at how different customers enjoy their ride with Ampere E-scooter. Come share our journey. Backed by 161 Years of Trust from Greaves. Ampere Vehicles is the company's e-Mobility division. 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