News

Shriram Finance’s extensive pan-India network will be pivotal in driving last-mile mobility adoption across both passenger and cargo segments

This dealership will strengthen the brand’s presence in Kurnool

The Kedia Organisation will be the exclusive authorised distributor for Ampere Electric two-wheelers’ sales, marketing, distribution, and after-sales support in Nepal

The agreement marks a significant milestone in Greaves Cotton’s commitment to advancing its presence in the low-speed electric 3-wheeler vehicle segment

This platform aims to revolutionise the world of electric vehicle financing and more

The partnership unveils the Ampere ‘Magnus SW.S’, powered by Indofast Energy’s battery swapping technology

Pursuant to the execution of definitive agreements, the Company has conveyed the Land in favour of the Purchaser

The new products will sport a sophisticated and modern design language, backed by rigorous engineering and development

Consolidated total income of the company increased by 27.94% at Rs 679.80 crore for Q3FY24

Deliveries of the new Ampere Reo 80 will begin across India starting April 2025

The company’s purchase of 60% of the shareholding of the Excel Controlinkage carries a long stop date of April 30, 2023

Total consolidated income of the company increased by 8.47% to Rs 531.33 crore for the quarter under review

As part of the agreement, in the first tranche, the Greaves Cotton will acquire 60% of the shareholding

The synchronous reluctance motors and controllers will be exclusively manufactured by the company

Electric 3-wheelers for passenger and cargo mobility have a big role to play in driving sustainable last-mile mobility across India

Earlier, the company had entered into a definitive agreement for the multi-tranche acquisition of Excel ControLinkage

Excel Controlinkage, a subsidiary of Greaves Cotton, also showcased its advanced engineering capabilities at the bauma CONEXPO India

The Company unveiled its new, Made in India product offerings across two-wheelers and three-wheelers including the game changing e2w – Ampere Primus

This achievement highlights Ampere’s commitment to transforming urban transportation and promoting the adoption of electric 2-wheelers nationwide

Total consolidated income of the company increased by around 3-fold at Rs 670.73 crore for Q1FY23

Total consolidated income of the company increased by 34.93% at Rs 850.70 crore for Q4FY23

Total consolidated income of the company decreased by 3.10% at Rs 719.09 crore for Q2FY25

Following this tranche, the company’s aggregate shareholding in Excel stands increased to 80%

Under the agreement, Bike Bazaar Finance will finance GEMPL’s ELE-branded L3 electric vehicles

The collaboration entails a total deal size of up to Rs 150 crore, highlighting the scale and ambition of the initiative to drive widespread adoption of electric vehicles in India

Building on the legacy of its Magnus series, the Magnus Neo is designed to make eco-friendly commuting more accessible, stylish, and affordable for everyone

The store will offer EV vehicles from over 14 leading EV brands under one roof, to address the rising EV demand

Total consolidated income of the company increased by 88.02% to Rs 713.83 crore for Q2FY23

Taglined ’Everything Extra,’ Greaves Eltra redefines last-mile logistics by leveraging cutting-edge technology to cost-effectively meet the growing cargo demand

This alliance aims to strengthen the dealers’ purchasing power and facilitate smooth business transactions

Greaves Electric Mobility is working on new products, both in two and three-wheeler segments, including on high-speed electric scooters, and may launch a few of them by the fiscal-end

The company has launched its 50,000th Two Wheeler Electric Scooter at the company’s EV megasite in Ranipet, Tamil Nadu from its commencement of operations

This partnership aims to revolutionise the electric vehicle ownership experience, enhancing convenience and appeal for potential EV owners

The new Zeal EX will be debuted at an attractive price point of Rs 69,900 in Madhya Pradesh, Bihar, Uttar Pradesh, and Jharkhand

Primus is an ideal electric scooter for customers looking for a superior experience in styling, performance, comfort & reliability

Under the partnership, Vidyuttech will provide flexible financing for MLR’s electric three-wheelers.

With this, MLR has become a subsidiary of GEMPL with effective from May 16, 2023

This accomplishment also aligns seamlessly with GEMPL’s mission to transition its customers toward a sustainable electric mobility ecosystem and provide best-in-class service

The master distributor outlet in Chennai will serve as a launch pad for the establishment of multiple dealerships across the city, fostering market accessibility

With this, GEML’s shareholding in MLR increased from 51% to 67.41% of the total shareholding

Greaves Retail aims to extend its reach and make end-customer financing more accessible and seamless across the nation

These solutions will enable GEMPL to shorten development time by efficiently utilizing digital twins and connecting people and processes across functions

The alliance between Greaves Finance and ElectricPe signifies a synergy between two industry leaders committed to redefining the electric vehicle journey for customers

This cutting-edge product has been meticulously engineered to operate seamlessly on biodiesel and ethanol-blended fuels, providing a TCO comparable to HSD generators

Readily Mobility is engaged in providing vehicle assistance

With a focus on the burgeoning e-rickshaw industry, Power Raja batteries are poised to reshape the landscape of small-scale last-mile transportation

Total consolidated income of the company increased by 21.75% at Rs 835.11 crore for Q4FY25

The e-powertrain suite will be manufactured at the Aurangabad plant with a high degree of component localization