Ampere launches Nexus EX+ EV with 5-kW motor and IoT features
- Ampere launched the Nexus EX+ with a 5-kW motor and 202 Nm peak torque
- Acceleration from 0-40 kmph takes 4.5 seconds, enhancing gradeability
- IoT-enabled Intellipack variant costs ₹1,35,999 vs ₹1,29,999 for base model
- LFP battery offers 2,00,000 km design life with 5-year/75,000 km warranty
*this image is generated using AI for illustrative purposes only.
Greaves Cotton Limited subsidiary Ampere has launched the new Nexus EX+ electric scooter, upgrading its award-winning platform with a 5-kW motor and IoT-enabled Intellipack. The launch aims to enhance performance and connectivity for Indian riders.
The new model delivers stronger pick-up with 0-40 kmph acceleration in 4.5 seconds and improved gradeability for steep climbs and hilly terrain. It features peak 202 Nm torque at the wheel, addressing demands for load-bearing use cases and flyovers.
Connectivity and Battery Specs
The Nexus EX+ integrates Intellipack, Ampere's IoT suite accessible via the Ampere Connect App. This system offers over 30 intelligent features, including real-time charging status, live tracking, geo-fencing, and remote vehicle diagnostics. The scooter utilizes next-generation LFP battery technology designed for a long battery life of 2,00,000 km, supported by a 5-year/75,000 km warranty.
| Feature | Specification |
|---|---|
| Motor Power | 5 kW |
| Peak Torque | 202 Nm (at wheel) |
| Acceleration | 0-40 kmph in 4.5 seconds |
| Charger Rating | IP65 water-resistant |
| Battery Life | 2,00,000 km design life |
| Warranty | 5 years / 75,000 km |
Pricing and Availability
Ampere has adopted a two-variant strategy to cater to different customer segments. The base model focuses on value, while the higher variant includes the connected technology suite.
- Nexus EX+: ₹1,29,999
- Nexus EX+ with Intellipack: ₹1,35,999
The scooters are available in two premium colors: Carbon Knight and Steel Grey. They will be sold across Ampere dealerships nationwide. Vikas Singh, Managing Director of Greaves Electric Mobility, stated that the upgrade strengthens the platform's focus on durability and real-world performance.
What the Numbers Show
The pricing structure reveals a clear segmentation strategy: the ₹6,000 premium for the Intellipack variant represents approximately 4.6% of the base price. This low incremental cost suggests Ampere is prioritizing rapid adoption of its IoT ecosystem over immediate margin expansion from software features, aiming to lock users into the Ampere Connect App for long-term engagement and data insights.
Historical Stock Returns for Greaves Cotton
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.09% | -0.26% | +11.86% | +68.46% | +2.87% | +62.86% |
How will Ampere monetize the data and user engagement from the Intellipack IoT ecosystem in the long term?
Can Ampere's 5-year/75,000 km battery warranty compete with the emerging battery-as-a-service models offered by rivals like Ola and Ather?
What impact will the ₹6,000 premium for connected features have on market share against competitors who bundle similar tech at no extra cost?
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