Latest news with #GreavesElectricMobility
Business Standard
6 days ago
- Automotive
- Business Standard
Greaves Electric's Eltra City XTRA rides a record 342kms on single charge
In a powerful demonstration of engineering excellence and sustainable innovation, Greaves Electric Mobility (GEML) has broken its own record withthe Eltra City XTRA, its next-generation electric 3-wheeler passenger vehicle. The upgraded Eltra successfully completed a 324 kilometre ride from Bengaluru, Karnataka to Ranipet, Tamil Nadu on a single chargeestablishing a new milestone in the India Book of Records for the longest distance travelled by an electric 3-wheeler on a single charge. Launched earlier this month, the Eltra City XTRA is the next-generation evolution of the record-setting Eltra City, which completed a 225-km ride from Bangalore to Mysore in 2024. Engineered to deliver Technology Latest, Trust Highest, the Eltra City XTRA features best-in-class components, a powerful LFP battery, and an intelligent digital interfacedesigned to deliver higher earnings, lower running costs, and more peace of mind for drivers and fleet owners.
Time of India
14-07-2025
- Automotive
- Time of India
Ampere unveils engineering underpinning its premium e-scooter Nexus
Ampere , the electric two-wheeler arm of Greaves Electric Mobility , through a behind-the-scenes video, has published detailed, technical insights about its Nexus electric scooter. The video covers the Nexus's dual cradle frame, lithium-ion phosphate (LFP) battery, Battery Management System (BMS), and the rugged suspension setup. With this, Ampere has become one of the first Indian electric vehicle manufacturers to transparently showcase its research and development (R&D), internal testing, and validation protocols. Tested across more than 50,000 km of real-world and lab conditions, the Nexus has been engineered to meet the rigorous demands of Indian commuters, particularly urban families. Ampere's engineering and product teams, in the video, highlighted key performance pillars such as ride quality, thermal management, and chassis durability, supported by teardown-level technical evidence. 'We wanted to move beyond just marketing claims and show the actual work behind our engineering,' said a senior Ampere official. 'The Nexus is not just built for today — it's built for India's next generation of mobility.' The Ampere Nexus , launched earlier this year, marks the brand's foray into the premium family e-scooter segment, positioning itself as a high-performance yet practical offering in a competitive EV market. Ampere, the electric two-wheeler arm of Greaves Electric Mobility, through a behind-the-scenes video, has published detailed, technical insights about its Nexus electric scooter. The video covers the Nexus's dual cradle frame, lithium-ion phosphate (LFP) battery, Battery Management System (BMS), and the rugged suspension setup. With this, Ampere has become one of the first Indian electric vehicle manufacturers to transparently showcase its research and development (R&D), internal testing, and validation protocols. Tested across more than 50,000 km of real-world and lab conditions, the Nexus has been engineered to meet the rigorous demands of Indian commuters, particularly urban families. Ampere's engineering and product teams, in the video, highlighted key performance pillars such as ride quality, thermal management, and chassis durability, supported by teardown-level technical evidence. 'We wanted to move beyond just marketing claims and show the actual work behind our engineering,' said a senior Ampere official. 'The Nexus is not just built for today — it's built for India's next generation of mobility.' The Ampere Nexus, launched earlier this year, marks the brand's foray into the premium family e-scooter segment, positioning itself as a high-performance yet practical offering in a competitive EV market.
Time of India
03-07-2025
- Automotive
- Time of India
Greaves Electric introduces 5-year battery warranty and financing options for Ampere Nexus
Greaves Electric Mobility 's two-wheeler brand Ampere has introduced new updates to its flagship electric scooter , the Nexus. The company has announced an extended 5-year or 75,000 km battery warranty (whichever comes first) across all Nexus variants and a new financing scheme aimed at reducing entry barriers for consumers. The Nexus is equipped with a Lithium Ferro Phosphate (LFP) battery, offering a claimed real-world range of 100–110 km and a top speed of 93 kmph. Charging time stands at 3 hours and 22 minutes. The scooter was the first electric two-wheeler to complete a 10,000+ km journey from Kashmir to Kanyakumari , achieving four national records in the process. Ampere is now offering the Nexus with an affordable financing plan, which includes the lowest down payment options and interest rates starting from 6.99 per cent. Pricing and availability The Nexus is priced at ₹1,14,900 (ex-showroom). According to the company, the vehicle is positioned to appeal to a wide base of electric vehicle users by providing practical performance, service assurance, and financing flexibility.
Time of India
10-06-2025
- Automotive
- Time of India
Greaves Electric Mobility appoints Vikas Singh as managing director
Greaves Electric Mobility Limited (GEML), the e-mobility division of diversified engineering company Greaves Cotton , has appointed Vikas Singh its new managing director, effective June 2, 2025, the company said in a statement on Tuesday. He will lead the company's next phase of growth, with the current management team reporting to him. Singh, an alumnus of FMS, University of Delhi , has held leadership positions in various Indian and multinational organisations including Bharti Airtel, Kimberly-Clark and Pearson. Prior to joining Greaves Electric Mobility, he was the MD & CEO at gold and silver refinery and fabricator MMTC-PAMP India . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo This appointment reinforces GEML's commitment to its core purpose of democratising smart and sustainable mobility solutions for every Indian and marks a pivotal step as it strengthens its position in India's growing EV landscape, the company said. The appointment is in line with the company's long-term strategic vision and continued focus on strengthening leadership for future growth, Greaves Electric Mobility said. Live Events
NDTV
14-05-2025
- Automotive
- NDTV
Greaves Electric Gets SEBI Greenlight To Float IPO
Greaves Electric Mobility (GEML) has received the green signal from the Securities and Exchange Board of India (SEBI) to issue an IPO. Greaves will become the third EV-only manufacturer to issue an IPO after Ola Electric and Ather Energy. Simple Energy too plans to roll out an IPO in 2027. The company submitted its draft Red Herring Prospectus (DHRP) in December 2024 and SEBI issued the observation letter on May 8, 2025. The company plans to raise Rs. 1,000 crore through fresh issue of shares. Its promoters (Greaves Cotton) and current investors Abdul Lateef Jameel Green Mobility Solutions DMCC look to sell up to 18.94 crore shares through offer for sale (OFS). At present, Greaves Cotton holds 62.5 per cent stake in Greaves Electric and the rest is held by Abdul Lateef Jameel Green Mobility Solutions. Greaves Electric is a subsidiary of Greaves Cotton and it has three fully electric brands on sale in India - Ampere for two-wheelers, Ele for e-rickshaws and Greaves 3W for three-wheelers. Post IPO, Greaves Electric plans to use the amount for various purposes. The company will allocate Rs. 375.27 crore for R&D at its Bengaluru tech centre. Another Rs. 82.9 crore will be used to strengthen in-house battery assembly. GEML will also allocate Rs. 58.15 crore towards increasing manufacturing capacity at its plants in Ranipet, Greater Noida and Toopran. The company plans to acquire MLR Auto fully and plans to invest Rs. 73.67 crore towards the same. In FY2024, Greaves Electric Mobility experienced a substantial decline in its revenue from operations, which fell to Rs. 611.8 crore-a 45.5 per cent drop compared to the previous year. This downturn was largely driven by a sharp reduction in electric two-wheeler sales volume. Electric two-wheelers, which previously made up about 67 per cent of the company's total revenue, saw their sales plummet to 47,820 units, less than half of the 109,000 units sold in FY23. Conversely, the company witnessed growth in its electric three-wheeler segment, with volumes increasing to 13,470 units from 6,870 units the prior year.
