Greaves Electric Mobility strengthens Ampere Magnus portfolio with the New Magnus Neo

Greaves Electric Mobility, which has set an international and 8 national records in the electric mobility segment, has announced the launch of all-new Magnus Neo, under its electric two-wheeler brand, Ampere. This latest variant is designed with a clear focus on delivering a lighter, smoother and more comfortable riding experience. Built with seat ergonomics and rider comfort as key priorities, the vehicle offers a comfortable riding experience for everyday use. Its lightweight construction enables easier manoeuvrability, while the 10 inch rear tyre provides better control and balance, particularly in city riding conditions.

Building on the proven Magnus Neo platform, the new variant is designed to offer a more balanced, accessible, and confidence-inspiring riding experience for practical day-to-day use.

Commenting about the launch, Mr Vikas Singh, Managing Director, Greaves Electric Mobility said, "Comfort and ease of rideability remain central to our product philosophy, whether for short daily commutes or longer journeys. The new Magnus Neo has been developed as a lighter, more comfortable, and easier-to-handle family scooter, designed for Indian road conditions and everyday use. With this launch, we aim to make electric mobility more practical and accessible for a wider set of riders, while addressing real, on-ground riding needs."

The new Magnus Neo, has been developed with a clear focus on improving rideability by incorporating ergonomic design enhancements that improve rider posture, making it well-suited for both short commutes and extended daily usage. Additionally, a new wheel and motor configuration has been introduced to ensure smoother acceleration, improved balance and more stable handling across varied road conditions. With a lower seat height of 777 mm and a reduced kerb weight of 103 kg, the new Magnus Neo provides better ground reach and easier handling, particularly in stop-and-go traffic. Available in four contemporary colour options, Mystic Mauve, Butter Yellow, Ocean Blue and Matcha Green, this latest variant offers a fresh and expressive design for modern urban riders.

Magnus Neo continues to offer the reliability and durability that customers expect. The Ampere Magnus Neo is known for its national record for the "Longest Journey by a City-Speed Family Electric Scooter," covering over 2,300+ kms from Bengaluru to Delhi. The platform features a strong dual-frame chassis, and perfectly tuned brakes , ensuring a stable and confident ride for everyday mobility.

Additionally, the Magnus Neo platform is powered by advanced LFP battery technology, known for its durability by offering 2x extra battery life cycle - extending the battery life up to 10 years and safety with battery being tested across varied temperatures from -40°C to 60°C, reinforcing Greaves Electric Mobility's commitment to delivering dependable electric mobility solutions for Indian riding conditions. The new Ampere Magnus Neo starts at Rs. 86,999/-.

Shares of Greaves Cotton Limited was last trading in BSE at Rs. 155.05 as compared to the previous close of Rs. 159.65. The total number of shares traded during the day was 42513 in over 773 trades.

The stock hit an intraday high of Rs. 159.15 and intraday low of 153.00. The net turnover during the day was Rs. 6615160.00.

Source : Equity Bulls

Keywords

GreavesCotton INE224A01026 GreavesElectricMobility NewLaunch MagnusNeo Ampere