Kolkata, West Bengal. The acquisition was completed in November 2019. Please contact us for further information. 701, 7th Floor, Tower 3 Magnus Pro electric scooter launched. In October 2018, Mumbai-based Greaves Cotton had acquired a stake of 67.34 per cent in Ampere Vehicles after investing ₹ 77 crore. Greaves Cotton is in the process of setting up charging stations for Ampere electric scooters. November 14, 2020. (CIN – L99999MH1922PLC000987) Greaves and TVS partner for Service Support. HOLA AMPERE By Greaves Item Weight 86 Kilograms Batteries 1 Product Specific batteries required. 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. Our Story The batteries are portable and can be charged at ease at home or office. Ampere R&D is recognized by the Department of Scientific and Industrial Research (DSIR), Delhi. Ltd, it said in a stock-exchange filing on Monday. 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. In the first phase, Greaves will acquire 67% of the company at … Please try your search again later. 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. It has so far invested ₹180.49 crore in Ampere. Reo /Ampere electric scooter #Ampere by Greaves specializes - EV Shift. Greaves is acquiring Bestway through wholly owned unit Ampere Vehicles Pvt. 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. When Ampere was first acquired by Greaves Cotton in 2018, it had a 67.34 per cent stake in it. Ltd, it said in a stock-exchange filing on Monday. 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 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. With such a large backup and support, this EV company plans to take on the country with a range of electric scooters. The Ampere Zeal is available in a choie of five colours. Greaves' e-mobility arm, Ampere Vehicles, claims to have grown from 75 to 180 exclusive retail stores in just 10 months! 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. Aion LX (fully Electric Car) November 14, 2020. 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. We are the early believers, the committed, the passionate those who saw answers beyond the obvious. Solutions, LIFE 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". The battery-motor operating system and other electronics are well insulated from rainwater making it completely waterproof. Greaves completes acquisition of Ampere Vehicles The company announced completion of the BSVI certification for its single cylinder diesel engine. Also with the fast-growing network of Greaves Care or other charging providers, the batteries can be charged in short time while on-the-go. Greaves stake in the company has now ascended from 67.34 per cent to 81.23 per cent. The amount of money spent on replacing these parts or replacing the battery will cost significantly lower than maintaining a conventional vehicle. With the Indian govt aggressive mission of increasing solar power generation, electric energy is soon going to be produced with renewable sources. Greaves' e-mobility arm, Ampere Vehicles, claims to have grown from 75 to 180 exclusive retail stores in just 10 months! The Greaves CEO points out that Ampere caters to affordable mobility at the bottom of the pyramid. Four months ago, Greaves Cotton had increased its holding in Ampere from … 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 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. Porsche Taycan Van Rendered | The TAYVAN – Electric Performance Van | Electric Cars Design. With our experience and current advancement in research and development, we are looking forward to pushing the boundaries of electric vehicles across India. Industrial Vehicles The vehicle is suitable for both short and long trips. 40+ Million gallon petrol. Their … The most popular names in the line-up include Reo, V48, Zeal, Reo Elite and Magnus. FacebookInstagramGoogleNews AdsOther Source, Introduction of Indigenized Charger and IQ Battery. Ampere Vehicles is the company's e-Mobility division. Sudipto Chaudhury. © Ampere Vehicles, 2019. Going electric isn’t new for us. Kurla West, 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. You can drive at ease in rain or humid climate. Solutions, Industrial Ampere, a subsidary of Greaves Cotton Limited, stepped into it’s 12th year of existence. Get contact details and address | ID: 21977197688 The road built on perseverance is best traveled with those who are fully charged. Pre Book, Terms & Conditions AMPERE By Greaves Item Weight 86 Kilograms Batteries 1 Product Specific batteries required. “When you look at the typical customer base, roughly … The Ampere Zeal has been priced at ₹ 66,950 9ex-showroom) after subsidy. 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 The investment comes close on the heels of the Rs 22.5 crore investment made by Greaves into Ampere … We switched to this line of thought way back in 2008. Ampere, recently bought out by Greaves Cotton, has been making various electric mobility solutions for over 10 years. 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. (included) Item model number Reo Elite Manufacturer Part Number Reo-Elite-Black-Lead Colour Black Included EScooter, Battery and Charger Manufacturer AMPERE By Greaves … The launch is part of the company's strategic initiative to strengthen and expand presence in last-mile e-mobility space, the release said. Read about company. Greaves Cotton Limited, Ampere by Greaves has a decade of experience in building and manufacturing electrical vehicles. Starting with Hemalatha Annamalai at the top, the founder and CEO, Ampere employs more than 30% workforce in its company. The motor comes with a higher kW rating with excellent torque power. Greaves also deals in powertrain solutions and spare parts, and currently provides transportation solutions to around 10 million people on a daily basis. Ampere offers total of 5 scooters of which Ampere Magnus is the most expensive with a price tag of Rs 73,990. US, Power Press Release 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. Ampere Vehicles is the e-mobility arm of Greaves Cotton and has a significant presence in the domestic electric two-wheeler segment. 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. The Greaves Ampere Zeal does all it says, and with flair. Affordable, eco-friendly, stylish electric Scooters powered by Lithium-Ion or Lead Acid batteries to suit your needs. LBS Marg, Ampere Vehicles is the e-mobility arm of Greaves Cotton and has a significant presence in the domestic electric two-wheeler segment. Ampere By Greaves ₹ 45,000/ Piece Get Latest Price. 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. Sudipto Chaudhury. Greaves Cotton ups stake in Ampere Vehicle to 81.23%. Greaves Cotton, in 2018, first picked up 67.34 per cent stake in Ampere Vehicles for Rs 77 crore. AMPERE By GREAVES Item Weight 93 kg Additional Information. It has so far invested ₹180.49 crore in Ampere. Greaves Cotton has invested an additional ₹ 38.49 crore in Ampere Vehicles by acquiring 25,73,5129 equity shares through primary and secondary purchase. Tying up with major Banking institutions to provide easy finance facilities to buyers of Ampere E-Scooters. These stylish Ampere electric scooters have low TCO and provide emission-free transportation. 3.8 out of 5 stars Date First Available 14 November 2019 Have a question? These stylish Ampere electric scooters have low TCO and provide emission-free transportation. The launch of Reo Lithium & Magnus 60V EScooter. ETAuto; Updated: July 22, 2019, 13:40 IST True, but electric power can also be produced with renewable sources like sun, wind and water. NEW D B ENTERPRISE. This belief is reflected in design, development and manufacturing of battery operated electric vehicles, two wheelers, three wheelers and custom built vehicles. After gradually increasing its shareholding in its subsidiary over the past year, Greaves Cotton has now acquired 100% stake in Ampere Vehicles Pvt Ltd. At Ampere, over 30% of our workforce is made up of skilled and knowledgeable women. 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. 25 November 2019 have a glance at how different customers enjoy their ride with a Price tag Rs. Rs 77 crore Greaves has increased its holding in Ampere Vehicles, is a Greaves ups! 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