Greaves Cotton Share Price in Focus; Ampere Partners with Muthoot Capital to Accelerate EV Adoption

Greaves Electric Mobility Limited's (GEML) electric two-wheeler brand Ampere has partnered with Muthoot Capital Services Ltd to make electric vehicle ownership more accessible through retail financing solutions, as per the exchange filings. 

The collaboration is focused on expanding access to Ampere's electric two-wheeler range by offering convenient and flexible financing options across India. 

Financing To Cover Entire Ampere Portfolio 

The partnership will extend financing support across Ampere's complete range of electric two-wheelers. 

The offering is designed to make EV ownership more affordable while addressing different mobility requirements and income profiles. 

Customer-Centric Financing Solutions 

The collaboration will introduce flexible repayment options aimed at improving affordability and convenience for customers. 

The financing programme will cater to EV buyers, salaried professionals, self-employed individuals, gig workers and small business owners, broadening access to electric mobility. 

Leveraging Combined Strengths 

Ampere brings more than 18 years of experience in designing and manufacturing electric vehicles and has built a strong presence in India's electric two-wheeler market. 

Backed by the 165-year legacy of Greaves Cotton Ltd., GEML continues to expand through new products, dealer network growth, strategic partnerships and customer-focused initiatives. 

"Also Check: Capital Goods-Non Electrical Equipment "

Wider Reach Through Retail Network 

The partnership combines Ampere's expanding electric two-wheeler portfolio with Muthoot Capital's retail financing expertise. 

The companies said the collaboration will support dealer growth and improve access to electric mobility through more than 500 touchpoints across India, backed by seamless customer support. 

Executives Highlight Partnership Benefits 

Manoj M. P., Chief Business Officer, Greaves Electric Mobility, said the partnership brings together Ampere's vehicle portfolio and Muthoot Capital's financing capabilities to "accelerate the adoption of clean mobility across Bharat." 

Mathews Markose, CEO of Muthoot Capital Services Ltd., said the collaboration aims to make mobility financing more accessible and inclusive while "democratising access to electric mobility." 

Read More: Zaggle Share Price Surges; Partners with Daimler India Commercial Vehicles for Fleet Solutions! 

Greaves Cotton Share Price Performance  

As of 28 July 2026, at 12:38 PM, Greaves Cotton Ltd share price was trading at ₹240.93 per share, reflecting a decline of 2.06% from the previous trading session. 

Conclusion 

The partnership combines Ampere's electric mobility portfolio with Muthoot Capital's financing network to expand access to electric two-wheelers across customer segments. It also strengthens the availability of financing through a wider dealer and customer support network. 

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