Press Release

Ampere Electric sets new record with 60% growth in retail sales post COVID

Ampere Electric Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton Ltd., has seen a good upsurge in retail sales in over 150 cities & towns across the country. Ampere opened 10 new dealerships post unlock 1.0 and is witnessing a surge in new dealership inquiries crossing 900 applicants.

The company is working strenuously to achieve the government’s vision for a majority of mobility to go electric by 2030. The company is initiating several offers and schemes for the customers, launching new offerings with enhanced features and improving on the existing products. There has been increasing interest in the number of prospective channel partners & the company has accelerated its channel expansion drive.

Ampere is celebrating its 12th Anniversary milestone with over 60,000 electric scooter riders across 200+ cities and towns in the country. To reciprocate the love and support of customers, the company is extending its anniversary offer, applicable to Ampere Zeal (high speed), REO, and Magnus (slow speed) until 30th June 2020. Post-COVID, around 70% of customers have felt a need to shift to affordable and sustainable personal mobility solutions like an electric scooter, a preferred mode for last-mile connectivity.

Speaking on the extension of this offer, P. Sanjeev, COO, Ampere Electric Vehicles said “As one of the significant players in the electric 2-wheeler space, we are working diligently and taking every step possible to accelerate the growth of EV in India. Ampere Zeal and Reo have become one of the top-selling models in the respective price segments, all thanks to our customers and channel partners who are encouraging and motivating us to perform better each day. “Ampere electric is preferred partner with last-mile e-commerce & ride-sharing companies like Big basket, Bounce, ebikeGo, Vogo, dominos etc. The company has supplied its industrial products range to more than 50+ B2B players. Recently Ampere recorded significantly high sales of the daily average. This signifies relentless efforts by Ampere Electric to improve its performance and service network, rising consumer preference towards personal mobility. In the last 12 years of its journey, the company has significantly contributed to the environment by saving 1 lakh liters of petrol and cutting down CO2 emissions equivalent to planting 7.2 lakh trees indirectly.

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