Verified Supplier. November 16, 2019. Greaves Cotton Ltd invests in Ampere and acquires a majority stake. Greaves Cotton is in the process of setting up charging stations for Ampere electric scooters. Equinox Business Park, ABOUT Electric Vehicles save more – Today, more than 50,000 happy users of Ampere vehicles have experienced freedom while saving approx. Ltd, it said in a stock-exchange filing on Monday. Ampere Zeal Highlights. The Ampere Zeal is available in a choie of five colours. Please try your search again later. The most popular names in the line-up include Reo, V48, Zeal, Reo Elite and Magnus. The Ampere Zeal has been priced at ₹ 66,950 9ex-showroom) after subsidy. Twitter; Search for: Electric Cars. 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 … The Ampere Zeal has been launched in India at Rs 66,950 (ex-showroom, Bengaluru). Ampere By Greaves ₹ 45,000/ Piece Get Latest Price. Get contact details and address | ID: 21977197688 Best Electric Cars For 2021. 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. Depending on the model, with 1 full charge of the battery, you can travel at a range starting at 70 km. 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. NEW D B ENTERPRISE. Moneycontrol reports that Ampere’s battery-powered scooters, which would reach the … In October 2018, Mumbai-based Greaves Cotton had acquired a stake of 67.34 per cent in Ampere Vehicles after investing ₹ 77 crore. 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). The new age of Ampere. Ampere Vehicles is the e-mobility arm of Greaves Cotton and has a significant presence in the domestic electric two-wheeler segment. Come share our journey. Every functional area employs women in different roles. When Ampere was first acquired by Greaves Cotton in 2018, it had a 67.34 per cent stake in it. 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. Greaves Cotton has invested an additional ₹ 38.49 crore in Ampere Vehicles by acquiring 25,73,5129 equity shares through primary and secondary purchase. Electric Vehicles save more – Today, more than 50,000 happy users of Ampere vehicles have experienced freedom while saving approx. Greaves is acquiring Bestway through wholly owned unit Ampere Vehicles Pvt. Find answers in product info, Q&As, reviews There was a problem completing your request. The road built on perseverance is best traveled with those who are fully charged. Ampere by Greaves has a decade of experience in building and manufacturing electrical vehicles. The launch is part of the company's strategic initiative to strengthen and expand presence in last-mile e-mobility space, the release said. Emission-free India - Facilitating cleaner and greener mobility, Ampere vehicles has been instrumental in saving 20+ thousand tonnes of Carbon Emission. 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. AMPERE By GREAVES Item Weight 93 kg Additional Information. All Rights Reserved. So has it cracked the code? Privacy Policy Greaves Cotton would soon deliver lithium-ion batteries to Coimbatore-based Ampere Vehicles. You can drive at ease in rain or humid climate. © Ampere Vehicles, 2019. The women workforce is employed in all functional areas comprising of the assembly line, R&D, Testing, Quality, Business Development and Operations etc. It has so far invested ₹180.49 crore in Ampere. The investment comes close on the heels of the Rs 22.5 crore investment made by Greaves into Ampere … FacebookInstagramGoogleNews AdsOther Source, Introduction of Indigenized Charger and IQ Battery. Mumbai 400070. Ampere Vehicles is the company's e-Mobility division. 18,000. LBS Marg, 701, 7th Floor, Tower 3 The Greaves Ampere Zeal does all it says, and with flair. ASIN B081RSZDVS Customer Reviews: 3.8 out of 5 stars 2 ratings. In the first phase, Greaves will acquire 67% of the company at … With our experience and current advancement in research and development, we are looking forward to pushing the boundaries of electric vehicles across India. Ampere offers total of 5 scooters of which Ampere Magnus is the most expensive with a price tag of Rs 73,990. Greaves Cotton ups stake in Ampere Vehicle to 81.23%. The batteries are portable and can be charged at ease at home or office. Read about company. HOLA We are the early believers, the committed, the passionate those who saw answers beyond the obvious. The first company in India to indigenously manufacture key components of an Electronic Vehicle. Turnover of Current Business (in Lakhs/Cr), Found us through Zeal & Reo Elite electric vehicles launched. Backed by 161 Years of Trust from Greaves. This new electric scooter is launched under the FAME II … ₹ 66,950 (ex-showroom) after subsidy. The Greaves CEO points out that Ampere caters to affordable mobility at the bottom of the pyramid. Sudipto Chaudhury. The Ampere Zeal has a top speed of 55 kmph, and a range of 75 km. With this investment, Greaves has increased its holding in Ampere to 81.23 per cent from 67.34 per cent. They will set up around 100 charging points in three months and eventually close to 5,000 charging stations across India. Refunds Policy. We at Ampere vehicles, have been accelerating the mission of affordable clean mobility solutions for emerging India since last 10 years. Savings Calculator Blog Going electric isn’t new for us. We switched to this line of thought way back in 2008. You can go up the slope with ease with the well. You are replacing one form of energy with another. When Ampere was first acquired by Greaves Cotton in 2018, it had a 67.34 per cent stake in it. Videos At Ampere, over 30% of our workforce is made up of skilled and knowledgeable women. 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. Oct 29, 2019, 12:56 PM “What scooter is that? Greaves Cotton had in 2018 first picked up 67.34 percent stake in Ampere Vehicles for Rs 77 crore. Engines, Agri 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. The acquisition was completed in November 2019. 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. The Greaves CEO points out that Ampere caters to affordable mobility at the bottom of the pyramid. In August 2018, Greaves Cotton acquired a majority stake in the company, holding 81.23 per cent. © 2018 Greaves Cotton Limited. Solutions, LIFE Solutions, Industrial True, but electric power can also be produced with renewable sources like sun, wind and water. Greaves Cotton-owned electric two-wheeler maker Ampere Vehicles has acquired 74 percent stake in Noida-based electric three-wheeler maker Bestway Agencies for Rs 7 crore.. Ltd, it said in a stock-exchange filing on Monday. Get contact details and address | ID: 21977106473 The vehicle comes with very less moving parts compared to conventional vehicle. Dealership 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. Moorti Tractors - Offering Reo Elite ( Ampere By Greaves ), Key, 5-6 Hours at Rs 60000/unit in Faridabad, Haryana. 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%. 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. 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. Moving mobility to next level Affordable, innovative electric scooters. After gradually increasing its shareholding in its subsidiary over the past year, Greaves Cotton has now acquired 100% stake in Ampere Vehicles Pvt Ltd. Any Relevant Experience in Automotive Industry? All rights reserved. Greaves and TVS partner for Service Support. 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. With our experience and current advancement in research and development, we are looking forward to pushing the boundaries of electric vehicles across India. Kolkata, West Bengal. 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. November 14, 2020. We at Ampere vehicles, have been accelerating the mission of affordable clean mobility solutions for emerging India since last 10 years. Get the complete range which is distributed through 137 Ampere Scooter Dealers in 104 cities in India. Since 2018, Ampere Vehicles is a Greaves Cotton company which is one of the largest engineering companies in the country. ASIN B081RPHMZN Customer Reviews: 5.0 out of 5 stars 1 rating. 5.0 out of 5 stars Date First Available 25 November 2019 Have a question? Ampere acquires 74% stake in e-rickshaw company Bestway Greaves Cotton launches ‘Greaves … Greaves Cotton Limited, Affordable, eco-friendly, stylish electric Scooters powered by Lithium-Ion or Lead Acid batteries to suit your needs. This has already started to happen in Beijing, Shanghai, Hong Kong and Dubai etc. Also Read: Ampere Launches Two New Electric Scooters In India AMPERE By GREAVES Item Weight 68.5 kg Additional Information. The first company in India to indigenously manufacture key components of an Electric Vehicle. Lead Acid or Lithium Ion, both batteries can last 12-15 months at ease. Moorti Tractors - Offering Reo Elite ( Ampere By Greaves ), Key, 5-6 Hours at Rs 60000/unit in Faridabad, Haryana. 9 talking about this. 3.8 out of 5 stars Date First Available 14 November 2019 Have a question? 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. 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. Greaves Cotton, in 2018, first picked up 67.34 per cent stake in Ampere Vehicles for Rs 77 crore. Giving access of electric mobility solutions to millions of individuals at the bottom of the pyramid, Ampere specializes in last Mile affordable mobility solutions. Their … 16 patents have been filed in electric mobility and 3 patents have been approved. The Ampere Zeal costs Rs. Ampere Vehicles is the e-mobility arm of Greaves Cotton and has a significant presence in the domestic electric two-wheeler segment. Magnus Pro electric scooter launched. AMPERE By Greaves Item Weight 86 Kilograms Batteries 1 Product Specific batteries required. Ampere, recently bought out by Greaves Cotton, has been making various electric mobility solutions for over 10 years. 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". Find answers in product info, Q&As, reviews There was a problem completing your request. In August 2018, Greaves Cotton acquired a majority stake in the company, holding 81.23 per cent. Greaves and TVS partner for Service Support. 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. They will set up around 100 charging points in three months and eventually close to 5,000 charging stations across India. Reo /Ampere electric scooter #Ampere by Greaves specializes - EV Shift. Greaves also deals in powertrain solutions and spare parts, and currently provides transportation solutions to around 10 million people on a daily basis. 40+ Million gallon petrol. Greaves invested ₹77 crore in Ampere in October last year, acquiring 67.34 % stake. Ampere By Greaves ₹ 45,000/ Piece Get Latest Price. The Greaves Ampere Zeal does all it says, and with flair. 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 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. The acquisition was completed in November 2019. NEW D B ENTERPRISE. Unit No. After gradually increasing its shareholding in its subsidiary over the past year, Greaves Cotton has now acquired 100% stake in Ampere Vehicles Pvt Ltd. Greaves also deals in powertrain solutions and spare parts, and currently provides transportation solutions to around 10 million people on a daily basis. Growing at a fast rate, have a look at our newly made stores and distributor outlets. Greaves stake in the company has now ascended from 67.34 per cent to 81.23 per cent. Ampere Zeal has been launched with a subsidy of Rs. 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. This belief is reflected in design, development and manufacturing of battery operated electric vehicles, two wheelers, three wheelers and custom built vehicles. Verified Supplier. The amount of money spent on replacing these parts or replacing the battery will cost significantly lower than maintaining a conventional vehicle. 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. Ampere becomes a 100% subsidary of Greaves Cotton Limited. Four months ago, Greaves Cotton had increased its holding in Ampere from … 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 … Last year, Greaves picked up just over 67% stake in Ampere for Rs 77 crore. 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. (included) Item model number Reo Elite Manufacturer Part Number Reo-Elite-Black-Lead Colour Black Included EScooter, Battery and Charger Manufacturer AMPERE By Greaves … Ampere Vehicles is the company's e-Mobility division. Greaves' e-mobility arm, Ampere Vehicles, claims to have grown from 75 to 180 exclusive retail stores in just 10 months! (CIN – L99999MH1922PLC000987) AT GREAVES, CONTACT Sudipto Chaudhury. US, Power Please try your search again later. 200+ Ampere showrooms opened across country. Pre Book, Terms & Conditions Ampere, a subsidary of Greaves Cotton Limited, stepped into it’s 12th year of existence. They are responsible for creating the Zeal high-speed scooter, and a couple of other electric scooter models for Greaves Cotton. Kolkata, West Bengal. 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. So has it cracked the code? Wheeler, https://www.transportpolicy.net/standard/india-motorcycles-emissions. Their recent launch of Ampere … ETAuto; Updated: July 22, 2019, 13:40 IST AMPERE By Greaves Item Weight 86 Kilograms Batteries 1 Product Specific batteries required. A new age Ampere showroom, right near you! Tying up with major Banking institutions to provide easy finance facilities to buyers of Ampere E-Scooters. Agencies. 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 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. Industrial Vehicles Cost of replacing batteries is also low. 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 Kurla West, 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. These stylish Ampere electric scooters have low TCO and provide emission-free transportation. Greaves Cotton bought the remaining 18.77 per cent in Ampere for about Rs 60 crore, taking its total stake to 100 per cent.. Moorti Tractors - Offering Reo Ampere By Greaves, Key, 7-9 Hours at Rs 42000/unit in Faridabad, Haryana. Ampere R&D is recognized by the Department of Scientific and Industrial Research (DSIR), Delhi. Ampere, recently bought out by Greaves Cotton, has been making various electric mobility solutions for over 10 years. Greaves completes acquisition of Ampere Vehicles The company announced completion of the BSVI certification for its single cylinder diesel engine. Greaves completes acquisition of Ampere Vehicles The company announced completion of the BSVI certification for its single cylinder diesel engine. The launch of Reo Lithium & Magnus 60V EScooter. Greaves Cotton bought the remaining 18.77 per cent in Ampere for about Rs 60 crore, taking its total stake to 100 per cent.. Greaves Cotton had first acquired a controlling stake in Ampere in October 2018. Ampere Zeal Highlights. 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. Ampere Scooters price starts at Rs 37,390. 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. 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. Aion LX (fully Electric Car) November 14, 2020. The vehicle is suitable for both short and long trips. The motor comes with a higher kW rating with excellent torque power. Read about company. Greaves Cotton, a leading engineering company in India has introduced an electric scooter called Ampere Zeal. 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