Greaves Electric Mobility Sells 3611 units In January, Records 53 Percent Annual Growth
Greaves Electric Mobility saw strong growth in January, selling 3,611 units of its Ampere brand electric two-wheelers, with a 53% year-on-year and 27% month-on-month increase. The company’s premium scooters, Nexus and Magnus Neo, contributed to this growth. Greaves also expanded its electric three-wheeler presence, with MLR Auto achieving a 52% month-on-month increase in sales.
Greaves Electric Mobility Sells 3611 units In January, Records 53 Percent Annual Growth
Greaves Electric Mobility has witnessed adoption by electric two-wheeler consumers across India in January. Under the company’s flagship Ampere brand, it sold 3,611 units in January according to the Vahan portal, retaining the fifth spot amongst electric two-wheeler brands in India.
The manufacturer recorded a 53% Y-o-Y growth, and a 27% M-o-M growth driven by sales of its premium family electric scooters - Nexus and Magnus Neo. Overall retail growth for Ampere (including slow-speed vehicles) was 38% M-o-M.
The Magnus Neo was launched several sports upgrades from its predecessor, across the aspects of style, power, strength, savings and safety. The e-scooter features an LFP (Lithium Iron Phosphate) battery, providing a certified range of more than 100km while boasting a charging time of 5 to 6 hours.
The company also released its family scooter Nexus earlier in 2024. The features of the scooter include a top speed of 93 kmph and 136 km certified range.
Greaves Electric Mobility further continues to maintain its stronghold over the electric three-wheeler segment. MLR Auto Limited, a subsidiary of Greaves Electric Mobility Limited, a player in the electric three-wheeler (L5 category) segment, also recorded growth of 52% M-o-M, selling 665 units.
This comes on the back of Greaves Cotton showcasing its range of mobility solutions at the 2025 Auto Expo, held at Bharat Mandapam, New Delhi. The company presented a diverse portfolio of products, including electric two- and three-wheelers, charging systems, powertrains, engines, and aftermarket accessories.
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