Greaves' e-mobility arm, Ampere Vehicles, claims to have grown from 75 to 180 exclusive retail stores in just 10 months! Read about company. AMPERE By GREAVES Item Weight 93 kg Additional Information. Greaves Cotton ups stake in Ampere Vehicle to 81.23%. Ampere Vehicles will turn into a subsidiary of Greaves after the stake sale and founder Hemalatha Annamalai would continue as CEO, a company official told ET. Greaves Cotton has invested an additional ₹ 38.49 crore in Ampere Vehicles by acquiring 25,73,5129 equity shares through primary and secondary purchase. Find answers in product info, Q&As, reviews There was a problem completing your request. Engines, Agri Best Electric Cars For 2021. “When you look at the typical customer base, roughly … 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. Kolkata, West Bengal. 3.8 out of 5 stars Date First Available 14 November 2019 Have a question? Sudipto Chaudhury. Growing at a fast rate, have a look at our newly made stores and distributor outlets. Greaves Cotton, in 2018, first picked up 67.34 per cent stake in Ampere Vehicles for Rs 77 crore. The Greaves Ampere Zeal does all it says, and with flair. Privacy Policy Greaves and TVS partner for Service Support. Dealership Emission-free India - Facilitating cleaner and greener mobility, Ampere vehicles has been instrumental in saving 20+ thousand tonnes of Carbon Emission. Blog 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. AMPERE By Greaves Item Weight 86 Kilograms Batteries 1 Product Specific batteries required. Last year, Greaves picked up just over 67% stake in Ampere for Rs 77 crore. The acquisition was completed in November 2019. The most popular names in the line-up include Reo, V48, Zeal, Reo Elite and Magnus. These stylish Ampere electric scooters have low TCO and provide emission-free transportation. Moorti Tractors - Offering Reo Ampere By Greaves, Key, 7-9 Hours at Rs 42000/unit in Faridabad, Haryana. 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. Reaching out to our customers through events, activities and exhibitions etc. Going by the rising pollution levels in the metro cities in India, I am sure the day is not far when people will be forced to wear air purifying masks and carry portable oxygen cylinders in their bag just like they carry a bottle of water. They are responsible for creating the Zeal high-speed scooter, and a couple of other electric scooter models for Greaves Cotton. Solutions, Industrial Ltd, it said in a stock-exchange filing on Monday. Ampere acquires 74% stake in e-rickshaw company Bestway Greaves Cotton launches ‘Greaves … Greaves completes acquisition of Ampere Vehicles With this acquisition, Greaves Cotton strengthens and expands its presence in the e-mobility segment Mumbai, November 13, 2019: Greaves Cotton, a diversified engineering company in India, today announced the Reo /Ampere electric scooter #Ampere by Greaves specializes - EV Shift. We are the early believers, the committed, the passionate those who saw answers beyond the obvious. 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. A new age Ampere showroom, right near you! Verified Supplier. Ampere by Greaves has a decade of experience in building and manufacturing electrical vehicles. Since 2018, Ampere Vehicles is a Greaves Cotton company which is one of the largest engineering companies in the country. Ampere offers total of 5 scooters of which Ampere Magnus is the most expensive with a price tag of Rs 73,990. The vehicle comes with very less moving parts compared to conventional vehicle. Oct 29, 2019, 12:56 PM “What scooter is that? The battery-motor operating system and other electronics are well insulated from rainwater making it completely waterproof. 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. They will set up around 100 charging points in three months and eventually close to 5,000 charging stations across India. NEW D B ENTERPRISE. Get contact details and address | ID: 21977106473 Greaves Cotton will acquire an 80 percent stake in Ampere Vehicles for a total cash consideration of Rs 1525 million in two phases, expected to be completed over three years. NEW D B ENTERPRISE. Affordable, eco-friendly, stylish electric Scooters powered by Lithium-Ion or Lead Acid batteries to suit your needs. Every functional area employs women in different roles. There is a popular saying that goes like this - " If you are only taking and receiving and not contributing back then are you creating an unsustainable ecosystem". Contact details and address | ID: 21977106473 November 16, 2019, PM. Cotton is in the country with a range of 75 km, right near you compared to conventional vehicle of!, claims to have grown from 75 to 180 exclusive retail stores in just months! Power can also be produced with renewable sources like sun, wind and water, Shanghai, Hong and. V48, Zeal, Reo Elite and Magnus of our workforce is made up of and... 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