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.
The Magnus Neo builds on its predecessor, the Magnus EX, by offering a host of upgraded features:
The Magnus Neo is equipped with features tailored to modern commuting:
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.
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.
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.
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Published on: Jan 14, 2025, 3:29 PM IST
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