Greaves Cotton's Electric Mobility Arm Ampere Achieves 4 Lakh Scooter Sales, Expands Market Share to 4.4%

Written by: Team Angel OneUpdated on: 2 Jul 2026, 10:14 pm IST

This milestone reflects growing confidence and trust in Ampere Electric Scooters, whether first-time EV buyers, everyday riders, or family commuters.

Greaves Electric Mobility Limited's Ampere brand has achieved a milestone by manufacturing and selling 4 lakh scooters in India. This accomplishment highlights Ampere's expanding role in the electric mobility sector, showcasing its evolution from an early electric vehicle pioneer to a trusted brand.

Greaves Electric Mobility Limited (the e-mobility business of the group) is a wholly owned subsidiary of Greaves Cotton Limited

Ampere's Growth and Market Share

Ampere recorded a 51% year-on-year growth in FY26, with its market share rising from 3.6% in FY25 to 4.4% in FY26. This growth underscores Ampere's position as a key player in India's electric two-wheeler market. The brand's focus on delivering smart, durable, and safe electric vehicles tailored for Indian conditions has been pivotal in its success.

Product Features and Customer Trust

Ampere's scooters are engineered to address barriers to electric vehicle adoption, offering a 100% LFP battery platform that ensures superior safety, thermal stability, and a lifecycle of up to 2,00,000 kms. This has fostered trust among first-time electric vehicle buyers, daily commuters, and business owners seeking cost-effective solutions.

Recognition and Achievements

The Ampere Nexus, awarded "Electric Scooter of the Year 2025," is known for its endurance and engineering excellence. Other award-winning models include the Magnus Grand, titled 'Electric Scooter of the Year 2026,' and the Magnus G-Max, which won 'Family Scooter of the Year 2026.'

Network Expansion and Future Plans

In FY26, Ampere expanded its dealer network by 12% compared to FY25, enhancing dealer productivity and customer experience. The company plans to continue strengthening its offerings with advanced technology and a focus on safety, thermal stability, and low total cost of ownership.

Greaves Cotton Share Price Performance

As of June 25, 2026, at 12:46 PM, Greaves Cotton share price on NSE was trading at ₹216.90, up by 1.36% from the previous closing price.

Conclusion

Greaves Electric Mobility's Ampere brand has achieved a milestone of 4 lakh scooters sold in India, reflecting a 51% growth in FY26 and a market share increase to 4.4%. The brand's focus on safety, durability, and affordability has driven its success in the electric mobility sector.

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Published on: Jun 25, 2026, 2:02 PM IST

Team Angel One

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