Ampere Crosses 4 Lakh Scooter Milestone, Strengthening Leadership in Mass EV Segment

Ampere Crosses 4 Lakh Scooter Milestone, Strengthening Leadership in Mass EV Segment​

Ampere, the electric two-wheeler brand of Greaves Electric Mobility, has achieved a significant operational milestone, announcing that it has manufactured and sold over 4 lakh scooters in India. This achievement underscores Ampere's growing influence within the mass electric mobility sector and highlights its transition into a trusted, high-growth brand committed to delivering smart and affordable electric solutions across the country.

This momentum is supported by strong growth figures for the company. In FY26, Ampere recorded a 51% year-on-year growth. The brand also reinforced its position among key players in India's two-wheeler market, increasing its market share from 3.6% in FY25 to 4.4% in FY26.

Ampere is focused on designing products that specifically address common barriers to EV adoption. These scooters are engineered for Indian roads and varied terrains, prioritizing durability and safety while emphasizing a low total cost of ownership compared to traditional Internal Combustion Engine (ICE) vehicles. The brand's commitment to quality is underpinned by its 100% LFP battery platform, which offers superior safety, thermal stability, and a lifecycle of up to approximately 200,000 kms.

Vikas Singh, MD of Greaves Electric Mobility, commented on the success, stating that crossing the 4-lakh milestone validates Ampere's focus on providing dependable, value-driven electric mobility within the sub-₹1 lakh segment. He added that as fuel costs rise, customers are increasingly seeking practical daily mobility alternatives, and Ampere is well positioned to lead this transition with its "Built for Bharat" approach.

The company continues to gain industry recognition. The Ampere Nexus was honored as 'Electric Scooter of the Year 2025', while the Magnus Grand secured the title of 'Electric Scooter of the Year 2026,' and the Magnus G-Max won the 'Family Scooter of the Year'.

Beyond product accolades, Ampere has significantly expanded its operational network. The company strengthened its dealer network by 12% in FY26 compared to FY25, which included revamping existing showrooms and executing network initiatives aimed at improving both dealer productivity and customer experience. Currently, the brand supports its customers through a network of 400 dealer touchpoints across India.

GREAVESCOT Stock Price Movement​

As of 12:59 PM, shares of Greaves Cotton Limited are rallying to ₹218.55, fueled by a gain of 2.14% or ₹4.57 in the live market trading session. The stock is experiencing high activity, with nearly 1.87 million shares traded during the current period.