Ampere Partners Muthoot Capital to Boost EV Adoption

Greaves Electric Mobility's E2W brand, Ampere, has partnered with Muthoot Capital Services to enhance the accessibility and affordability of electric two-wheelers across India. This collaboration aims to accelerate EV adoption by providing tailored retail financing solutions for Ampere's electric scooters, catering to diverse income profiles and needs. The partnership is expected to bridge affordability gaps, offer flexible repayment options, and make EV ownership more financially sustainable for a wider customer base, including salaried individuals, self-employed, gig workers, and small business owners. This initiative leverages Muthoot Capital's extensive retail financing network and Ampere's growing product portfolio, supported by Greaves Cotton Limited's legacy, to strengthen GEML's market presence and promote clean mobility.