Notwithstanding the impact that the second wave of covid-19 will leave on the economy, Nagesh Basavanhalli, Managing Director and Group Chief Executive Officer, Greaves Cotton Ltd is optimistic that the demand for electric and sustainable mobility will continue to grow, thanks to the declining total cost of ownership of electric vehicles when compared to the […]
Ampere acquires 74% stake in Noida-based e-rickshaw maker Bestway
Ampere Vehicles, the electric mobility arm of Greaves Cotton, has acquired 74 percent stake in Noida-based electric three-wheeler company Bestway Agencies (BAPL) which sells e-rickshaws under the ELE brand. Through this acquisition, Ampere will expand its presence in the e-rickshaw segment to become an integrated last mile e-mobility player with a strong presence in both […]
Ampere Vehicles opens 23 new dealerships in Q4 of CY2019
Ampere Vehicles, the electric mobility subsidiary of Greaves Cotton has expanded its distribution network with 23 new dealerships across the country since September 2019. The company says that this dealerships will sport the complete range of Ampere’s existing and new electric vehicle offering in the states of Karnataka, Kerala, Tamil Nadu, Odisha, West Bengal, Uttar […]