Greaves Cotton Limited's subsidiary, Greaves Electric Mobility (GEM), announced its strategic international expansion into Nepal on 26 February, 2026, marking a significant milestone in the company's growth journey. The expansion involves launching the flagship Ampere Nexus electric scooter in partnership with STC Auto Solution Private Limited.

Strategic Market Entry

The Ampere Nexus represents a carefully engineered solution for Nepal's unique mobility challenges. India's first E2W recognized by Asia Book of Records for conquering 70 hairpin bends of Kollī Hills, the scooter addresses Nepal's dynamic terrain, climatic conditions, and challenging driving environments.

Product Features and Capabilities

Engineered for performance, durability, reliability and comfort, the Ampere Nexus offers practical mobility solutions specifically designed for Nepal's challenging conditions. The scooter handles steep gradients and inclines, uneven roads, high-altitude temperature variations, and urban traffic with confidence.

The vehicle combines advanced torque delivery with stable ride setup and LFP battery technology, enabling confident uphill climbs, smooth acceleration in stop-start traffic, and improved control across varied terrains.

Advanced Technology Integration

The Ampere Nexus features comprehensive technological capabilities:

• 7-inch TFT touchscreen with Nex.io system
• Full screen map mirroring for seamless riding connectivity and navigation
• Real-time assistance including turn-by-turn directions, distance to next turn, and ETA
• Call connectivity and music control for uninterrupted riding experience
• Ampere Connect Companion app enabling smart pairing, tracking saving, and battery health monitoring

Management Perspective

Mr. Vikas Singh, MD and Chief Financial Officer, Greaves Electric Mobility, commented on the development: "Nepal presents a unique mobility landscape with steep-rugged terrains, and intensive daily usage. Higher altitudes and a growing EV infrastructure in the country naturally draws demand for safer BMS, stronger built quality, and products that outlast. For Nepal, premium scooters are not just luxury – but scooters that are engineered specifically for durability, comfort, and range confidence. The Ampere Nexus has been engineered to address these realities. With this, GEM also looks forward to support Nepal's push for clean mobility."

Future Expansion Plans

GEM plans to steadily expand its presence across other markets in Nepal, reinforcing its long-term commitment to the country's electric mobility journey. The company aims to bring terrain-ready, sustainable urban mobility solutions that combine proven engineering with deep understanding of local riding needs.

Company Background

Greaves Electric Mobility Limited operates as the electric mobility business of Greaves Cotton Limited, with over 17 years of experience in designing and manufacturing electric vehicles. The company serves both electric 2-wheeler and 3-wheeler segments through three manufacturing plants located in Hyderabad, Noida, and Ranipet, supported by 400 dealer touchpoints across India. GEML holds 8 India Book of Records titles, reflecting its focus on technology and design-led innovative and durable mobility solutions.

Greaves Cotton Limited's material subsidiary, Greaves Electric Mobility Limited (GEML), has announced the launch of its Ampere 6th Gen Electric Scooter, designed to challenge India's traditional petrol scooter market. The announcement was made on 19th February 2026, positioning the new electric scooter as an 'ICE Breaker' for the electric two-wheeler segment.

Product Launch and Market Positioning

The Ampere 6th Gen Electric Scooter is scheduled for release in FY27 and specifically targets the sub-Rs 1 lakh category, which represents the largest volume opportunity in India's scooter market. The product aims to compete directly with high-selling petrol scooters by delivering better performance while offering superior ownership economics.

Mr Vikas Singh, Managing Director and Chief Financial Officer of Greaves Electric Mobility, emphasized the strategic importance of this launch: "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."

Technical Specifications and Performance Features

The Ampere 6th Gen Electric Scooter addresses key performance gaps in the entry-level segment through several engineered improvements:

Performance Enhancements

• Higher Torque: Delivers greater torque compared to largest selling ICE scooters, enabling quicker pickup and stronger load-carrying capability
• Improved Gradeability: Enhanced hill-climb performance compared to conventional value EVs and typical ICE scooters in the sub-Rs 1 lakh price band
• Cost Advantage: Aims to reduce running costs by 50% compared to ICE scooters
• Convenience Features: Home charging capability, reverse mode, and reduced maintenance requirements

Technology Integration

Market Context and Competitive Landscape

India's mass scooter segment has traditionally been dominated by petrol vehicles offering practical city performance and quick refuelling. In the sub-Rs 1 lakh category, both petrol and EV scooters typically cater to the entry-level segment with modest performance, moderate torque, and limited hill-climbing capability. Consumers seeking higher performance usually need to spend over Rs 1 lakh and continue to incur significant running and maintenance expenses.

Company Infrastructure and Market Presence

GEML operates with substantial market infrastructure to support the new product launch:

The company holds 8 India Book of Records titles, reflecting its focus on technology and design-led innovative mobility solutions. GEML's subsidiaries MLR Auto Limited and Bestway Agencies Private Limited help extend the company's market presence across the country.

Strategic Growth Focus

With the addition of the Ampere 6th Gen Electric Scooter, the Ampere brand expands its product offering for first-time EV buyers seeking performance comparable to petrol scooters combined with long-term electric mobility benefits. The launch represents GEML's continued focus on scalable and contribution-positive growth while advancing its mission to democratize smart and sustainable mobility for Indian families.

The company continues its geographic expansion across the country, positioning itself to lead India's transition toward electric transportation through affordable and sustainable clean mobility solutions.