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.
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.
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.
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.
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.
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."
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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.
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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Published on: Jul 28, 2026, 1:27 PM IST
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