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Greaves Electric Mobility Launches Ampere Magnus Neo Electric Scooter

Written by: Team Angel OneUpdated on: Jan 14, 2025, 3:29 PM IST
Greaves Electric Mobility launches Ampere Magnus Neo, a stylish and efficient electric scooter, promising "The Power of More" with superior features.
Greaves Electric Mobility Launches Ampere Magnus Neo Electric Scooter
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Greaves Electric Mobility Limited (GEML), a subsidiary of Greaves Cotton Limited, has unveiled its latest offering in the electric vehicle space—the Ampere Magnus Neo. This enhanced variant of the popular Magnus EX aims to make eco-friendly commuting accessible and stylish while delivering advanced features for everyday riders. At 2:15 PM on January 14, 2025, Greaves Cotton’s share price was trading over 2% higher. 

Key Features of Magnus Neo: “The Power of More”

The Magnus Neo builds on its predecessor, the Magnus EX, by offering a host of upgraded features:

  • More Style: Premium dual-tone finishes available in five vibrant colours—Metallic Red, Glacial White, Ocean Blue, Galactic Grey, and Glossy Black.
  • More Power: Achieves a higher city-speed of 65 kmph with enhanced torque for quick acceleration.
  • More Strength: Sturdy 12” alloy wheels provide stability and durability.
  • More Savings: Backed by a five-year or 75,000 km battery warranty.
  • More Safety: Advanced Lithium Iron Phosphate (LFP) battery technology ensures safety and efficiency.

Comfort Meets Technology

The Magnus Neo is equipped with features tailored to modern commuting:

  • Certified range exceeding 100 km for long rides.
  • Three riding modes, including reverse mode for effortless manoeuvring.
  • A portable battery for charging flexibility.
  • USB charging port for on-the-go device charging.
  • Optional smart connectivity for a tech-savvy experience.
  • Efficient charging time of 5-6 hours.

Exceptional Value and Accessibility

Priced at ₹79,999 (ex-showroom) as part of an introductory offer, the Magnus Neo delivers exceptional value. With financing options starting at an interest rate of 5.75% per annum, Greaves Electric Mobility ensures affordability for a wider audience. The Magnus Neo will be showcased at the Auto Expo 2025 in Delhi, marking a significant milestone for the company.

Driving Towards Sustainability

Incorporating advanced technology and customer-centric features, the Magnus Neo supports GEML’s vision of promoting eco-friendly mobility across the country. The company’s tagline, “Har Gully Electric,” emphasises its mission to make sustainable commuting a reality in every corner of India.

About Greaves Electric Mobility Limited

Greaves Electric Mobility Limited has been a trailblazer in India’s EV market, serving both B2C and B2B segments for over 16 years. With a strong base of nearly 3 lakh satisfied customers, GEML continues to innovate and expand its portfolio, strengthening India’s EV ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 14, 2025, 3:29 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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