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Greaves Cotton enters in multi-brand EV segment AutoEMart; stock jumps 5% intraday – EQ Mag Pro

Greaves Cotton enters in multi-brand EV segment AutoEMart; stock jumps 5% intraday – EQ Mag Pro

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An industrial machinery company Greaves Cotton on Thursday announced its entry in the multi-brand electric vehicle retail segment AutoEMart, PTI reported.

AutoEVMart, the platform that serves as a marketplace for EVs in the country, will offering e-two-wheelers and e-three-wheelers, among others, along with accessories, Greaves Electric Mobility said in a PTI report on Thursday.

AutoEVmart platform is a concept that will enable consumers with a wide range of electric vehicles to choose from Ampere Electric to other brands in the EV space, the PTI report said. The announcement comes on World EV Day, which is observed on September 9 every year.

Source: zeebiz

Anand Gupta Editor - EQ Int'l Media Network