Renault sets out targets for EV unit, says won't sell it cheapThe group set out financial targets for the unit, including an expected break-even in 2025 and an operating margin of at least 10% from 203...
15 Nov, 2023, 12.21 PM IST
Greaves Electric offers to pay ₹125 crore for flouting FAME subsidy normsGreaves Electric Mobility, formerly known as Ampere Electric Vehicles, has offered to refund the subsidy it received under the FAME India s...
19 Oct, 2023, 12.18 AM IST
India's electric 2-wheeler registrations zoom 148% in MayOla Electric retained its top spot with the highest registrations at 28,438 units in May 2023; commanding 27.1% market share, followed by T...
01 Jun, 2023, 11.10 AM IST
Nissan to buy up to 15% stake in Renault EV unit Ampere under reshaped allianceThe alliance junior partner Mitsubishi Motors will also consider investing in Ampere, the companies said in a statement. "Nissan's intentio...
06 Feb, 2023, 01.36 PM IST
Greaves Cotton announces plans to foray into electric powertrains; unveils e-scooter, electric cargo vehicles at the Auto Expo 2023The company at the event unveiled three two-wheelers under Ampere brand series -- Ampere Primus, Ampere NXG and a multi-utility scooter Amp...
11 Jan, 2023, 11.25 AM IST
Experience the world of EVs closer to home with Greaves Electric Mobility's AmpereThe two-wheeler arm launched a unique experience centre in TN for EV enthusiasts.
10 Jan, 2022, 05.17 PM IST
EV maker Ampere inaugurates its first experience centre in Tamil NaduStating that Ampere is investing significantly in people, technology and infrastructure, the company said it is moving ahead with an aim to...
03 Jan, 2022, 01.41 PM IST
Greaves Cotton zooms 9% after e-mobility arm records stellar Dec salesAccording to Greaves Electric, Ampere scooters reported record growth in revenue of almost six times in December 2021 compared to the same ...
03 Jan, 2022, 10.43 AM IST
Greaves Electric Mobility sells over 10,000 units in DecemberThe higher growth numbers in December came on the back of Ampere's recent announcement of the launch of the company's EV Mega site.
02 Jan, 2022, 02.25 PM IST
Greaves Cotton launches multi-brand EV retail store AutoEVmart in BengaluruGreaves Retail CEO YVS Vijaykumar said, "With 'AutoEVmart', the company brings in a range of EVs in the last mile mobility space, accelerat...
13 Sep, 2021, 03.28 PM IST
Greaves Cotton announces entry in multi-brand EV retail segmentThe company also plans to launch the first retail store under this new business soon.
09 Sep, 2021, 07.22 PM IST
Greaves Cotton's arm Ampere Vehicle to buy 26 pc stake in MLR Auto for Rs 18.81 crCommenting on the development, Greaves Cotton Managing Director and Group Chief Executive Officer, Nagesh A Basavanhalli said, "With this s...
14 Aug, 2021, 02.26 PM IST
Ampere Electric cuts electric scooters' prices by Rs 27,000 in GujaratThe significant price cut on the electric scooters in Gujarat follows the EV Policy 2021 announced by the Gujarat government and FAME-II su...
06 Jul, 2021, 06.01 PM IST
Ampere Vehicles cuts scooter prices by up to Rs 9,000 as govt raises subsidyFollowing this downward revision in the prices, Ampere's Zeal will carry a price tag of Rs 59,990 (ex-showroom Bengaluru) as against Rs 68,...
18 Jun, 2021, 09.28 PM IST
New businesses grow but fail to pull Greaves Cotton out of the red in the September quarterNon-auto engine sales grew by 27 per cent during the three-month period to 12,200 units while electric vehicles (EV) sales through its subs...
19 Nov, 2020, 05.55 PM IST
Cotton Greaves increases stake in electric two-wheeler maker AmpereGreaves Cotton had first acquired a controlling stake in Ampere in October 2018.
15 Jul, 2019, 05.26 PM IST
Hemalatha Annamalai to remain CEO of Ampere Vehicles following Greaves acquisitionThe company has reported revenue of Rs 18.5 crores in FY18 thus far, according to a note released by Greaves Cotton on the BSE.
30 Aug, 2018, 09.06 PM IST