Greaves Electric's Ampere Scooters Cross 4 Lakh Milestone
Greaves Electric Mobility's electric two-wheeler brand, Ampere, has achieved a significant milestone by manufacturing and selling 4 lakh scooters in India. This accomplishment highlights Ampere's growing influence in the mass EV segment and its evolution into a high-growth brand offering accessible electric mobility. The company reported a 51% year-on-year growth in FY26, with its market share increasing to 4.4% from 3.6% in FY25. Ampere's success is attributed to its focus on durable, safe, and affordable EVs engineered for Indian conditions, utilizing a 100% LFP battery platform for enhanced safety and longevity. The brand has also seen success with award-winning models like Ampere Nexus, Magnus Grand, and Magnus G-Max, further solidifying its market position and dealer network expansion.
Key Highlights
- Ampere electric scooters surpass 4 lakh units manufactured and sold in India.
- Achieved 51% year-on-year growth in FY26, market share rose to 4.4%.
- Focus on affordable, durable EVs for mass market with LFP battery technology.
- Award-winning models like Nexus and Magnus Grand contribute to brand credibility.
- Dealer network expanded by 12% in FY26, strengthening retail presence.
Price Impact
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