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Greaves Electric Mobility to Launch Ampere 6th Gen Electric Scooter to further build on Market Share Growth

Posted On : 2026-02-20 00:47:23( TIMEZONE : IST )

Ampere, the electric 2-wheeler brand of Greaves Electric Mobility, is set to launch its 'ICE Breaker' electric scooter, Ampere 6th Gen Electric Scooter, designed with an aim to challenge India's petrol scooter market.

Set to release in FY27, the Ampere 6th Gen Electric Scooter is engineered with a vision to deliver better performance while offering better ownership economics with the potential to challenge high-selling petrol scooters in the sub-Rs 1 lakh category. While India's mass scooter segment has traditionally been defined by petrol vehicles offering practical city performance and quick refuelling, Ampere 6th Gen Electric Scooter represents an EV scooter that aims to compete against petrol scooters.

Speaking about the Ampere 6th Gen Electric Scooter, Mr Vikas Singh, Managing Director and Chief Financial Officer, Greaves Electric Mobility said, "The sub-Rs 1 lakh category represents the single largest volume opportunity in India's scooter market, yet remains ICE-led. With Ampere 6th Gen Electric Scooter, we are entering the E2W market with a clear sight of competing with the largest selling ICE product offering, enhancing green mobility, and improved software integration. It also reflects our focus on disciplined growth, building scale in high-volume segments with products that are commercially sustainable and engineered for real-world Indian usage."

In India, petrol and EV scooters priced below ₹1 lakh largely cater to the entry-level segment, offering modest performance with moderate torque and limited hill-climbing capability. Moreover, consumers typically need to spend over ₹1 lakh to access higher performance petrol scooters and continue to incur significant running and maintenance expenses over time, resulting in a higher overall cost of ownership.

To address this, the Ampere 6th Gen Electric Scooter is engineered specifically to close this gap, by providing*:

- Higher Torque: Unlike largest selling ICE scooters, Ampere 6th Gen Electric Scooter delivers greater torque, enabling quicker pickup and stronger load-carrying capability.

- Improved Gradeability: Compared to conventional value EVs, and typical ICE scooters in the sub-Rs 1 lakh price band, Ampere 6th Gen Electric Scooter is designed with an aim to offer stronger hill-climb performance, ensuring better rider confidence on hilly terrains and steep flyovers.

- Cost and Convenience Advantage: While running costs on an ICE scooters are expensive, Ampere 6th Gen Electric Scooter strengthens the total ownership equation by aiming to reduce running costs by 50% while providing benefits of home charging, reverse mode, and reduced maintenance.

- Value-add-ons: In this price segment, compared to ICE scooters, the Ampere 6th Gen Electric Scooter is a software defined vehicle with Over-The-Air (OTA) update capability, AI/ML enabled for seamless connectivity, and remote diagnostics and prognostics.

By challenging the defined norms of ICE-comparable performance and building on the advantages of electric mobility, Ampere 6th Gen Electric Scooter aims to position itself not merely as a value EV, but as a mass-market, premium alternative to high-selling petrol scooters.

Additionally, under GEML's Ampere brand, customers will now have the opportunity to choose from a range of electric scooters. With the addition of Ampere 6th Gen Electric Scooter, Ampere expands its product offering for first-time EV buyers seeking performance comparable to petrol scooters, combined with the long-term benefits of electric mobility.

With 3L+ vehicles on the road, 400+service touch points and continued geographic expansion across the country, GEML is continuing to focus on scalable and contribution-positive growth. The Ampere 6th Gen Electric Scooter represents a step further in GEML's mission to democratise smart and sustainable mobility, making electric scooters accessible, practical, and competitive for Indian families.

Shares of Greaves Cotton Limited was last trading in BSE at Rs. 163.80 as compared to the previous close of Rs. 167.25. The total number of shares traded during the day was 15899 in over 519 trades.

The stock hit an intraday high of Rs. 167.45 and intraday low of 162.60. The net turnover during the day was Rs. 2620364.00.