Ampere rolls out its 50,000th electric two-wheeler from company's EV Megasite in Ranipet

16 Jun 2022 , 04:00 PM

ere, the electric two-wheeler brand under Greaves Electric Mobility, a wholly-owned electric mobility subsidiary of Greaves Cotton Ltd, has rolled out its 50,000th Two Wheeler Electric Scooter off the assembly line at the company’s EV megasite in Ranipet (Tamil Nadu) from its commencement of operations.

This remarkable milestone has been fuelled by the conscious shift of consumers towards sustainable and affordable electric mobility, growing product awareness, increased fuel prices and heightened cognisance about environmental issues.

The Ranipet EV manufacturing plant was set up with the goal of disrupting the Indian transportation landscape and creating an affordable and sustainable ecosystem for clean last-mile mobility in the country. The production achievement of 50,000 electric vehicles at this facility is the realisation of this vision and stands testament to the trust that customers have in ere and its products.

Furthermore, the recent investment by Abdul Latif Jameel in Greaves Electric Mobility is a significant step forward to driving EV technological advancement and achieving India’s target of growing the number of electric vehicles in the country to 30% by 2030.

Speaking on this milestone, Sanjay Behl, CEO & Executive Director, Greaves Electric Mobility, said, “Our EV megasite was developed with the intent of accelerating the ecologically-virtuous cycle that our planet deserves, and it is incredible that we have reached the 50,000 mark. Owing to the increased customer awareness, preference for green mobility and a host of incentives offered by different states, we have hit the inflection point for EVs to take off and are optimistic about mass EV adoption in the country.

We are extremely proud of the workforce at our Ranipet facility – which consists of over 70% women – for their enormous contribution in achieving this great milestone through their hard work and dedication.”

On Thursday, Greaves Cotton ended at Rs137.65 per share lower by 3.94% on the BSE.